The Central Bank of Nigeria (CBN) reportedly imposed a fine of N1bn each on Moniepoint and OPay in the second quarter of 2024, in continuation of its increased scrutiny of fintech startups. Although several other fintech companies were also penalized, the two leading firms were the hardest hit, TechCabal reported, citing information from people with […]
The post CBN fined Moniepoint, OPay N2bn in Q2, amid tightening of fintech regulation – Report first appeared on Business Hallmark.
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