Moniepoint
Customers Panic As Moniepoint Microfinance Bank Loses N1.1bn to Hacker
An alleged Hacker, Sunday Ozimede, has invaded the vault of Moniepoint Microfinance Bank and swindled the bank of the whipping sum of N1,190, 728, 076 billion. The operatives of the Police Special Fraud Unit (PSFU), has however, arraigned the alleged hacker before a Federal High Court, Lagos, on charges bordering on conspiracy, obtaining the…
Moniepoint gives STEM education a big boost as OAU commissions Tosin Eniolorunda Design lab
In a move aimed at advancing STEM education and fostering technological innovation in Nigeria, the Mechanical Engineering Department of Obafemi Awolowo University (OAU), Ile-Ife received a substantial investment as the Tosin Eniolorunda Computer-Aided Design (CAD) and Computer-Aided Manufacturing (CAM) laboratory was unveiled at the University’s campus. Truetells Nigeria reports that the gesture which is in…
Moniepoint, Opay, Others Ban Customers From Trading Cryptocurrencies
Opay, and PalmPay, among other fintech apps, have banned their customers from trading cryptocurrencies. Truetells Nigeria reports that the leading Nigerian fintech companies have banned their customers from trading cryptocurrencies and other virtual currencies on their platforms. This Nigeria news platform understands that the firms including OPay, Moniepoint, PalmPay, and Paga threatened to block any accounts…
FG To Implement fresh regulations for Moniepoint, Opay, other on digital lenders
The Federal Competition and Consumer Protection Commission, FCCPC, has disclosed that it would release more regulations for operators in the digital lending space in 2024 to improve loan recovery methods in the country in the face of rising default rates. The Chief Executive Officer of the Commission, Babatunde Irukera, revealed that there are high…
Financial Inclusion is the right of every Nigerian, not a privilege – Babatunde Olofin
Moniepoint Microfinance Bank has expanded its services into the personal banking segment. This strategic move aims to expedite and improve access to diverse, affordable, and tailored financial services that cater to the distinctive needs and circumstances of individuals, as well as small and medium-sized businesses across Nigeria. Buoyed by its experience and emergence as the…