More Details Emerge As CBN Reacts To Alleged Plan To Suspend OPAY, PALMPAY Accounts

The apex bank refuted the reports, describing it as fake news.

According to the News Agency of Nigeria (NAN), this was made known by the Acting Director, of Corporate Communications of CBN, Mr. Isa AbdulMumin, on Friday, March 24, 2023, in Abuja, where he said that the viral news “is simply fake’’.

The viral news credited to AbdulMumin claimed that the CBN was about to suspend accounts of the Fintech companies because they were being used to perpetrate fraud.

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