Fintech Archives - Independent Digital News Network

OPay shutdown notice: Police arrest woman after cybercrime probe

OPay denied the viral shutdown notice, while police say cybercrime investigators traced its publication to an account linked to Hafsat Abubakar.

Fake OPay Shutdown Notice: Police Arrest Woman as Cybercrime Investigation Continues

IDNN1 week ago1 week ago0

Nigeria’s cybercrime police say forensic tracing linked a circulated fake OPay shutdown notice to an X account associated with a 27-year-old woman now under investigation.

HOUSE OF REPS WARNS EFCC: STOP PROFILING CRYPTO TRADERS AS FRAUDSTERS

IDNN10 months ago10 months ago0

The Nigerian House of Representatives has issued a direct warning to law enforcement agencies, telling them to stop profiling cryptocurrency traders as fraudsters. Lawmakers at Monday’s crypto regulation hearing said the era of “innovation by suspicion” must end — urging the EFCC and NFIU to evolve from intimidation to intelligent oversight.

HOUSE OF REPS WARNS EFCC: STOP PROFILING CRYPTO TRADERS AS FRAUDSTERS

IDNN10 months ago10 months ago0

Nigeria’s House of Representatives has warned security agencies against profiling cryptocurrency traders as fraudsters. At a landmark hearing in Abuja, lawmakers said innovation must be nurtured, not criminalised, urging regulators and law enforcement to balance vigilance with inclusion as the nation drafts its first legal framework for digital assets

NIGERIA’S DIGITAL CURRENCY MOMENT — WHO REALLY WINS IN THE CASHLESS ECONOMY?

IDNN12 months ago12 months ago0

As Nigeria accelerates its cashless revolution — from POS caps and airport e-payments to fintech regulation and MSME funding — a deeper question emerges: Who really wins in this new digital order? For every leap in innovation, there’s a ripple in inclusion. And at the heart of it lies the balance between control and opportunity.

CBN SLAMS POS OPERATORS WITH ₦1.2 MILLION DAILY LIMIT — DIGITAL OVERSIGHT TIGHTENS

IDNN12 months ago12 months ago0

The Central Bank of Nigeria (CBN) has rolled out sweeping new rules capping Point-of-Sale (POS) agent transactions at ₦1.2 million per day. It’s the boldest step yet in Nigeria’s drive to sanitise the fintech space, strengthen oversight, and push the nation toward a fully cashless economy.