#Palmpay

The Central Bank of Nigeria (CBN) has upgraded the licences of major financial technology (fintech) companies and microfinance banks (MFBs) like Opay, Moniepoint, Kuda, PalmPay, and Paga, allowing them to operate with national status across…

The Central Bank of Nigeria (CBN) has issued a new directive that will shut down PoS devices that are used outside of a merchant’s registered address. In a circular released on August 25, 2025, the regulator ordered all…

The Central Bank of Nigeria (CBN) has cleared air on the news on Suspension of O'Pay and Palmpay platforms. This was countered by the acting Director, of Corporate Communications of CBN, Isa AbdulMumin, on 24th of March 2023,…