Tag: Opay

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…

Sodiq Olaitan

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…

Daily Report

OPay Sued Over Alleged Data Breach, Staff Poaching in Intensifying Fintech Rivalry

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 deployment. Court…

Sodiq Olaitan

OPay Introduces New Fee Structure for Electronic Transfers

OPay, a leading digital payment platform, has announced a new fee structure for electronic transfers to personal and business accounts, effective September 9, 2024. Reports indicated that the move is…

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…