EKO HOT BLOG reports that the National Youth Service Corps (NYSC) has addressed recent social media claims suggesting that it instructed corps members to upgrade their bank accounts in preparation for receiving the newly approved ₦70,000 minimum wage. Reports circulating online implied that corps members were advised to upgrade their bank accounts, which are currently … Read more
OPay has taken legal action and received court approval to freeze customer bank accounts after a system glitch resulted in a ₦714 million debt due to undebited card payments. EKO HOT BLOG reports that the OPay, a leading fintech firm backed by Chinese investment, has taken legal action following a system glitch that allowed customers to … Read more
Eko Hot Blog reports that commercial banks in Nigeria has closed 2.021 million bank accounts In the first quarter of 2024 (Q1’24). This was done to clean their books of questionable accounts and comply with regulatory orders on linking bank accounts to the National Identity Number (NIN). According to Vanguard, this information is contained in … Read more
Eko Hot Blog reports that police detectives with the Zonal Monitoring Unit of Zone 2 Command Headquarters, Onikan, Lagos State, have arrested two suspected Internet fraudsters, who specialised in hacking into people’s accounts and fleecing them of their cash. The Zonal Public Relations Officer (PRO), Hauwa Idris Adamu, made the disclosure in a statement on … Read more