By Quadri Adejumo A silent revolution is afoot, literally, across the streets of Africa. From Nairobi, to Lagos, Accra, and elsewhere, the financial technology industry is leading the frontier of innovation and technology development,…
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The Central Bank of Nigeria (CBN) says mobile money operators including fintech firms like OPay, Palmpay, Kuda Bank, and Moniepoint will resume the enrolment of new customers “in another couple of months”. CBN Governor, Olayemi Cardoso,…
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The Central Bank of Nigeria (CBN) has ordered four fintech companies to suspend them from opening new accounts and accepting new customers over allegations that they were being used to funnel cryptocurrency and manipulate the naira’s…
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The Federal Competition and Consumer Agency has ordered Google Play Store to pull down four money lending companies for “escalating unethical, obnoxious and unscrupulously exploitative practices in the industry.” A statement signed by…
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OPay, a subsidiary of Opera Internet Group and promoter of OTrike, a tricycle service initiative on Friday reacted to the closure of its Kano office by police over noncompliance to the state government guidelines on business operations.…
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The Kano state police command on Thursday shut the Kano branch office of Opay –an online payment outlet during a raid over alleged noncompliance with the government rules and directives on mode of operations. The Command Spokesman, DSP…
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