CBN orders Opay, Palmpay, others to stop onboarding new customers
Following a mandate from the Central Bank of Nigeria, Kuda Bank, Moniepoint, OPay, and Palmpay have suspended account opening for new customers. The instruction was issued two days after the EFCC closed 1,146 bank accounts implicated in illicit forex operations. “We’ve temporarily paused new signups on our platform. This means that you’ll be unable to … Read more