Paga

‘Avoiding CBN’s Hammer:’ Fintechs Issue Crypto Trading Warning To Customers

May 3, 2024. by Philip Ibitoye

Fintechs, including Opay and PalmPay, are discouraging crypto trading on their platforms. Their actions follow a CBN directive to the digital banks to stop onboarding new customers. There are concerns that the fintechs are being used for money laundering and terrorism financing. Eko Hot Blog reports that Nigerian fintech companies have cautioned their customers against … Read more

2019 Review: Paga Records Over $2 Billion Worth Of Transactions

Jan 3, 2020. by Ekohot Editor

The founder and Chief Executive Officer of Paga, Tayo Oviosu, has said that the mobile payment company recorded over $2 billion worth of transactions in 2019 across all markets as it served the unbanked communities in rural and urban areas in Nigeria. Oviosu made this disclosure via his Twitter account. According to him, the $2 … Read more