The Central Bank of Nigeria has lifted its ban on onboarding new customers imposed on five prominent fintech startups: Paga, OPay, Kuda, Palmpay, and Moniepoint with immediate effect.
Read also: Restriction on opening new Opay, Moniepoint, others account to last for months
This is coming after the expiration of a May 31 deadline given to the fintechs to meet certain compliance requirements.
Details later…