Central Bank of Nigeria freezes bank accounts of six Fintech startups over illegal FX trading

A federal high court based in Abuja has granted the request of the Central Bank of Nigeria (CBN) to freeze accounts of six Fintech companies for 180 days. The six Fintech startups affected are Rise Vest Technologies Limited, Bamboo Systems Technology Limited, Bamboo Systems Technology Limited OPNS, Chaka Technologies Limited, CTL/Business Expenses, and Trove Technologies … Continue reading Central Bank of Nigeria freezes bank accounts of six Fintech startups over illegal FX trading