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OPAY received the CBN’s IFIC Award for Financial Inclusion Innovation at the 2024 International Financial Inclusion Conference, which brought together global leaders to advance financial inclusion...
OPay has officially introduced a new fee for electronic transfers into personal and business accounts, aligning with the Federal Inland Revenue Service (FIRS) regulations aimed at...
OPay has taken legal action and received court approval to freeze customer bank accounts after a system glitch resulted in a ₦714 million debt due to...
Fintechs, including Opay and PalmPay, are discouraging crypto trading on their platforms. Their actions follow a CBN directive to the digital banks to stop onboarding new...
Eko Hot Blog reports that the Central Bank of Nigeria (CBN) has barred some online microfinance banks from opening new accounts and accepting new customers. The...
Eko Hot Blog reports that popular Fintech platform, OPay has disclosed that it has taken down the bank account verification feature which offered a loophole for...
EKO HOT BLOG reports that Fidelity Bank, a major commercial bank in Nigeria, has recently imposed limits on financial transfers to neobanks like as OPay, Moniepoint,...
EKo Hot Blog reports that The Federal Government has initiated investigations into the activities of Meta, the parent company of Facebook, WhatsApp, and Instagram, along with...
The CBN has denies reports that it suspended accounts of Fintech companies, OPAY and PALMPAY. The apex bank described the viral news as “simply fake”. The...
OPay has announced that it is temporarily shutting down it’s ORide, OCar, and OExpress, Ofood operations in Nigeria. The company made the announcement in a statement....