Nigerian fintech giant OPay is facing mounting scrutiny after TeamApt Limited and Moniepoint Microfinance Bank Limited jointly filed a lawsuit accusing the company of unethical recruitment practices and compromising confidential …
Category:
Banking
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BankingNews
CAC to place Opay, Moniepoint on watchlist, report fintechs to CBN
by Reporterby ReporterThe Corporate Affairs Commission, CAC, has warned that it may place leading fintech companies, including Opay and Moniepoint, on its regulatory watchlist for allegedly enabling unregistered Point of Sale (POS) …
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BankingNews
EFCC warns OPay on stricter KYC, anti-fraud compliance and insider abuse
by Reporterby ReporterThe Economic and Financial Crimes Commission (EFCC) has charged Opay’s management and staff to prioritise compliance with all existing regulations to ensure business integrity and prevent fraudulent practices. …
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BankingEmpowermentNews
Wema Bank unveils ₦120M grand prize pool as 35 Teams advance to Hackaholics 6.0 Finale
by Reporterby ReporterWema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has announced a ₦120 million prize pool for the Hackaholics 6.0 Grand Finale. This announcement …
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BankingEntertainment
Wema Bank Davido 5ive tour to hold in Abuja on December 14
by Reporterby ReporterUnarguably one of the most highly anticipated music tours in Nigeria this year, the Davido 5ive Tour brought to you by Wema Bank, is set to make its 5th stop, …
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BankingNews
PalmPay’s MD Chika Nwosu calls for deeper financial inclusion at CeBIH Annual Conference 2025
by Reporterby ReporterPalmPay, Nigeria’s leading digital banking platform, has renewed its commitment to deepening financial inclusion across the country. At the CeBIH Annual Conference 2025, themed “Reimagining Financial Inclusion through Cultural Shifts …
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BankingNewsSports
FirstBank Elephant Girls crowned zone 3 champions, qualify for WBLA final round
by Reporterby ReporterFirstBank Basketball Club of Nigeria, popularly known as the “Elephant Girls”, have secured their spot in the final round of the Women’s Basketball League Africa (WBLA), scheduled to hold in …
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BankingNews
First HoldCo Plc concludes sale of FBNQuest Merchant Bank to EverQuest Acquisition LLP
by Reporterby ReporterFirst HoldCo Plc has officially completed the divestment of its entire stake in FBNQuest Merchant Bank Limited, marking a significant development in the Nigerian financial services sector. In …
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Banking
FirstBank hosts SMEConnect webinar to empower small and medium enterprises
by Reporterby ReporterFirstBank, West Africa’s premier financial institution and financial inclusion services provider, is pleased to announce its upcoming SMEConnect Webinar scheduled to hold on Wednesday, 26 November 2025. The SMEConnect …
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BankingEconomic
Alpha Morgan Bank economic review webinar 18th edition holds in November
by Reporterby ReporterAlpha Morgan is set to host the 18th edition of its periodic Alpha Morgan Economic Review Webinar, which will hold on 26 November 2025, from 9:00 am to 10:30 am, …