OPay, a Nigerian-based financial technology firm, has assured customers that their funds and data are safe.
The statement follows the recent directive by the Central Bank Of Nigeria to pause the onboarding of new customers until further notice, while illicit foreign exchange transactions are being addressed in the country.Prior to this, a federal high court in AbujaApril 24, granted an interim order to the Economic and Financial Crimes Commission tobelonging to individuals and companies over “unauthorised foreign exchange” transactions.
Speaking on the issue, OPay reiterated its commitment to working closely with the CBN and other regulatory bodies to fight money laundering, fraud, terrorism financing, and other illegal financial activities.“As a regulatory-compliant institution, OPay follows the rules set by the CBN and other regulators to ensure the financial system’s integrity,” the firm said.
“To support government efforts to clean up the financial industry, Opay and other Fintechs companies have temporarily paused onboarding new customers and creating new wallets.
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