Opay, Kuda, Others Resume Registration Of New Customers As CBN Lifts Restriction
The Central Bank of Nigeria has lifted the six-week-,long restriction on onboarding new customers imposed on Paga, moniepoint, Kuda, OPay and PalmPay services.
It can be recalled that on April 29, the Apex Bank barred the aforesaid MFBs/FinTechs from opening new accounts and accepting new customers over allegations that they were being used to funnel cryptocurrency and manipulate the naira’s value.
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