Moniepoint, OPay delay ₦1.05m refund despite court order — Lagos entrepreneur
Moniepoint, OPay: Lagos entrepreneur waits two months after court-ordered ₦1.05m refund. Wrong transfer: Funds mistakenly sent from OPay to Moniepoint account in August 2025. Court order ignored: Customary Court directive…
Moniepoint, other Nigerian banks to charge 7.5% VAT on transfers, USSD transactions
Moniepoint and Nigerian banks to begin charging 7.5% VAT on bank transfers and USSD transactions from January 19, 2026. Nigeria Revenue Service (NRS) directed banks to implement the VAT as…
Explainer: Why Moniepoint Sued Opay
- TeamApt, Moniepoint sue OPay, accuse firm of data breach, unethical recruitment, and CBN rule violations. - Plaintiffs allege poaching of BRMs and aggregators to extract insider information for POS…
CBN Fined N2bn on Moniepoint, OPay Amid Stricter Fintech Oversight – Report
The Central Bank of Nigeria (CBN) has reportedly imposed N1 billion fines each on Moniepoint and OPay in the second quarter of 2024. This follows a routine audit of fintech…
