The Central Bank of Nigeria (CBN) has issued an instruction to four fintech companies, directing them to suspend the process of onboarding new customers until further notice. The affected fintech firms include OPay, Palmpay, Kuda Bank, and Moniepoint.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgzczWBHJlTvEWbqsBWfwOVmigRjDgIE0oeyt4esN93oSV77hzZkfuJIz_VpL2JczKIoWicuoFxUNAjYoPnx9zo1n9aR6akXLkCz-b4350Ts2XCVuMe6_WqEfLRDZIW3EKGtWbLrkGS4GMc_zAYq_INFa9JWuBJ6E03PWelTn7e74lvxswPdPFIBIx1YJ8/s72-w563-h322-c/GMWyGWHWsAAwtf0.jpeg)