Moniepoint, Opay, Kuda Get Nationwide Approval from CBN
The Central Bank of Nigeria (CBN) has granted national operating licences to several leading FinTech companies and Microfinance Banks, clearing them to provide services across the country after meeting enhanced regulatory standards. The licence upgrade covers some of the biggest names in Nigeria’s digital finance ecosystem, including Moniepoint Microfinance Bank, Opay, Kuda Bank, Palmpay and […]
CAC to Shut Down Unregistered PoS Terminals Nationwide From January 2026
The Corporate Affairs Commission (CAC) has issued a firm warning to Point-of-Sale (PoS) operators across Nigeria, announcing plans to clamp down on businesses running without proper registration. In an announcement posted on its official Instagram page on Saturday, the Commission expressed concern over the rising number of PoS agents operating outside the legal framework. It […]