Four Nigerian fintech companies have been directed by the Central Bank of Nigeria (CBN) to suspend onboarding new customers.
Four Nigerian fintech companies have been directed by the Central Bank of Nigeria to suspend onboarding new customers. The affected fintech are OPay, Palmpay , Kuda Bank, and Moniepoint . This directive comes amidst investigations into allegations that accounts on these platforms have been used for illegal foreign exchange transactions. A representative from two of the…Four Nigerian fintech companies have been directed by the Central Bank of Nigeria to suspend onboarding new customers.
“I can confirm that 90% of the accounts implicated in the illicit forex transactions are with commercial banks, and only 10% are with fintechs,” one of the sources said. The Joint Admission and Matriculation Board has just released the 2024 Unified Tertiary Matriculation Examination . Specifically, the examination body released the results of 1,842,464 candidates out of 1.98 million registered for the exercise. JAMB Registrar, Prof. Is-haq Oloyede, stated this at a press conference on Monday in Abuja.
Edo State governor Godwin Obaseki has approved a new minimum wage of N70,000 for civil servants in the state. Obaseki disclosed this while commissioning the new Labour House in Edo State on Monday. The minimum wage increase is to take effect on May 1, 2024. The governor also named the Commissions Labour House after the…
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