CBN lifts the ban on new account openings placed on OPay, Moniepoint, Kuda, others

The Central Bank of Nigeria (CBN) has lifted its ban on five fintech startups, which includes OPay, Kuda, Moniepoint, PalmPay, and Paga. Now, these fintechs can resume onboarding new customers and open new accounts. The ban was placed in April 2024 as part of efforts to combat fraud in the industry. The ban was lifted … Continue reading CBN lifts the ban on new account openings placed on OPay, Moniepoint, Kuda, others