The Central Bank of Nigeria (CBN) says it is working to identify leakages and tighten surveillance on financial technology (fintechs) companies. Olayemi Cardoso, CBN’s governor, spoke on Tuesday during the press…
Tag: Fintechs
Tension as CBN bans Opay, Palmpay, others’ new accounts
Some bank customers have expressed panic as the Central Bank of Nigeria bans mobile money operators including fintech firms from onboarding new customers. However, the Bank Customers Association of Nigeria backed…
Nigeria’s Central Bank Restricts Banks, Fintechs From International Money Transfers
VOICE AIR MEDIA, News Update THE Central Bank of Nigeria (CBN) has imposed a ban on banks and financial technology companies (fintechs) participating in international money transfer services. The revised guidelines for…