Opay Debunks N5,000 Christmas Giveaway Claim
Opay has officially denied a viral social media claim about a N5,000 Christmas giveaway. The fintech warns users against scams and shares vital security tips. Read more to stay safe.
Category : Search result: fintech shutdown rumors
Chinese Dragon in Nigeria's Digital Wallet Sparks Security Alarm
With over 50 million users, Chinese-owned fintechs like OPay dominate Nigeria's street economy. Experts warn of data sovereignty risks and urge CBN action. Read the full analysis.
No Bank Shutdowns from CBN Recapitalisation - ACAMB
The Association of Corporate Communication & Marketing Professionals in Banks dismisses viral claims of 12 banks shutting down. ACAMB assures the public the recapitalisation is proceeding smoothly to strengthen the financial system.
OneDosh Launches Borderless Payments in US and Nigeria
OneDosh launches its cross-border payments platform in the US and Nigeria, using stablecoin tech for instant, low-cost international transfers. The service is live in 49 US states, with New York coming soon.
Wema Bank Hackaholics 6.0 Awards N120m to Tech Talents
Wema Bank's Hackaholics 6.0 has empowered young Nigerian innovators, awarding N120 million in cash prizes. Discover the winners and the bank's commitment to STEM and youth development.
Traders Fair 2026 in Lagos: Free Registration Open
Lagos prepares for Traders Fair 2026 on April 10. Join top finance experts for seminars on Forex, Stocks, AI, and networking. Free entry at Lagos Continental Hotel.
Parallex Bank Leads Nigeria's Digital Banking Renaissance
Dr. Olufemi Bakre, MD/CEO of Parallex Bank, outlines the bank's pivotal role in shaping Africa's digital banking future. Discover his leadership philosophy and the bank's growth trajectory.
OmniPay Launches Solutions to Ease Supply Chain Pressure
OmniPay has launched new payment tools and honoured key distributors at its first gala night, reaffirming its commitment to supporting Nigeria's supply chain against economic challenges. Discover the new features.
OHMS Capital Pioneers Financial Innovation in Nigeria
Discover how OHMS Capital is transforming Nigeria's investment landscape with data-driven fintech, blockchain ventures like WePairYou, and major agribusiness focus. Learn their growth strategy and vision for Africa.
CAC to Report Fintech Firms to CBN Over PoS Operators
The Corporate Affairs Commission warns it will place OPay, Moniepoint, Palmpay on a watchlist and report them to the CBN for enabling unregistered PoS agents. New deadline set for January 2026.
CAC: POS Operators Must Register by Jan 1, 2026
The Corporate Affairs Commission has set January 1, 2026 as the final deadline for all POS operators to register. Unregistered terminals will be seized, and enabling fintechs reported to CBN. Act now to comply.
CAC: Unregistered POS Terminals Face Seizure from 2026
CAC orders all PoS operators to register by Jan 1, 2026, or face seizure. Fintechs enabling illegal transactions will be watchlisted. Full compliance is mandatory.
Nigerian Fintech Herconomy Dominates Eurobest Awards 2025
Herconomy's innovative Breastmilk Money Account secures four major awards, including the Grand Prix, at Eurobest 2025, showcasing Nigeria's global impact in fintech and maternal support. Read the full story.
Oshiomhole's OPay, Moniepoint Accounts Hacked
Senator Adams Oshiomhole recounts his ordeal with hackers who siphoned funds from his fintech accounts, calling for stricter regulations. OPay responds to shutdown rumours.
OPay Wins Double at Tech Innovation Awards 2025
OPay Nigeria scooped Fintech Company of the Year and Best Fintech in Cybersecurity at the 2025 Tech Innovation Awards. Read about their commitment to secure digital finance.
Annie Idibia Adds Husband's Surname Back on Instagram
A social media user's observation about Annie Idibia's Instagram name change has sparked online debate. Did she revert to 'Idibia'? See the reactions and what it means for 2Baba's situation.
Senator Natasha: Nigerian Youths Earn 50 Cents, US Gets $30
Senator Natasha Akpoti-Uduaghan reveals Nigerian content creators earn 50 cents for work fetching $30 in the US. She demands fairness in financial reforms. Read more.
Serbia's Oil Refinery Shutdown Could Cost for Years
Experts warn Serbia faces years of economic fallout, job losses, and budget risks after the shutdown of its only oil refinery due to US sanctions on Russian owners. Read the full analysis.
Paramount Africa Shuts Down, MTV Base & BET Africa Go Off-Air
Paramount Africa ceases operations in Nigeria & South Africa after 20 years. MTV Base & BET Africa will disappear from DStv & GOtv on January 1, 2026. Details here.
Verve Issues 100 Million Payment Cards Across Africa
Verve International celebrates issuing 100 million payment cards, a landmark for Africa's digital economy and financial inclusion. Discover how this homegrown brand is reshaping payments.
Nigeria's Cyberattacks Jump Over 1000% in Q3 2025
A new report reveals Nigerian firms faced a record 1,047% surge in cyberattacks last quarter, with stolen employee logins now the primary threat. Learn how businesses can defend themselves.
MTN Releases N100m to 20 Nigerian Startups
MTN Nigeria has disbursed N100 million to 20 innovative startups in Lagos through its Cloud Accelerator programme, offering funding, mentorship, and access to its vast network to boost scaling.
Cyber Attacks in Nigeria Jump Over 1,000% in Q3
Data breaches in Nigeria surged 1,047% in Q3 2025. Hackers now use stolen credentials, not software flaws. Experts urge stronger identity controls to combat this new threat.
OPay Clinches SERAS 2025 Social Impact Award
OPay wins the prestigious SERAS 2025 Award for Social Impact. Discover how its ₦1.2B scholarship and empowerment programs are transforming lives across Nigeria.
CBN Prioritises Digital Payments, Financial Inclusion for 2026
CBN Governor Olayemi Cardoso outlines 2026 agenda focusing on payment system upgrades, digital finance expansion, and deeper financial inclusion for all Nigerians. Read the full plan.
DeRemi Atanda Conferred as NCS Fellow for Tech Impact
DeRemi Atanda receives the prestigious Nigeria Computer Society Fellowship for his transformative work in fintech and public financial systems. Discover his journey and lasting impact on Nigeria's digital economy.
Anita Joseph Reacts to Marriage Split, Stillbirth Rumors
Nollywood actress Anita Joseph speaks out amid rumors her marriage to MC Fish is over, addressing allegations of domestic violence, stillbirth, and financial strain. Read her powerful response.
Top 10 Nigerian Banks by Mobile App Downloads
Access Bank, First Bank, and UBA lead with over 10 million downloads each. Discover the full ranking of Nigeria's most downloaded banking apps and their ratings. #DigitalBanking #Fintech
Femi Adebayo and Wife Reconcile in Heartwarming Videos
Nollywood star Femi Adebayo and wife Iyanaladuke spark reconciliation joy as she shares intimate family videos, silencing divorce rumors. Fans celebrate with 'Alhamdullilah'.
OPay Addresses Viral Shutdown Rumors in Nigeria
OPay dismisses social media rumors about shutting down operations in Nigeria. The fintech company confirms customer funds remain safe and accessible under CBN regulation.
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