Tunde Sholanke
The Central Bank of Nigeria,CBN,has faulted viral news news that it suspended accounts of Fintech companies like OPAY and PALMPAY.
Its Acting Director, Corporate Communications, Mr. Isa AbdulMumin,said in Abuja that the viral news “is simply fake.”
Premium News reports that the viral news credited to AbdulMumin stated that the CBN was about to suspend accounts of the Fintech companies because they were being used to perpetrate fraud.
“Please if you are using OPAY, PALMPAY or any of these CHINA APPs or their POS, stop keeping much money in the account or stop using it.The CBN is about suspending their accounts because these apps are being used to perpetrate fraud,” the viral news read in parts.
OPAY and PALMPAY had earlier denied being under the watch of the apex bank.
OPAY had stated that: “the post mentioning the CBN shutting down our operations is false and misleading to the general public.”
PALMPAY also posted a similar disclaimer that: “we are aware of news currently being spread on social media about CBN shutting down the operations of PALMPAY.Please ignore all such misleading news of this nature,” it stated.
