Opay Debunks N5,000 Christmas Giveaway Claim
Opay has officially denied a viral social media claim about a N5,000 Christmas giveaway. The fintech warns users against scams and shares vital security tips. Read more to stay safe.
Category : Search result: fintech scam
N-HYPPADEC Denies Fake Recruitment in New Bussa
N-HYPPADEC disowns a fraudulent recruitment screening exercise in New Bussa, Niger State. The Commission urges the public to verify information via official channels to avoid scams.
Visa Warns Nigerians of Top 5 Holiday Scams to Avoid
Visa outlines the most common December scams in Nigeria, from fake online deals to travel fraud. Learn how to protect your money and personal information this festive season.
Chinese Dragon in Nigeria's Digital Wallet Sparks Security Alarm
With over 50 million users, Chinese-owned fintechs like OPay dominate Nigeria's street economy. Experts warn of data sovereignty risks and urge CBN action. Read the full analysis.
OneDosh Launches Borderless Payments in US and Nigeria
OneDosh launches its cross-border payments platform in the US and Nigeria, using stablecoin tech for instant, low-cost international transfers. The service is live in 49 US states, with New York coming soon.
Wema Bank Hackaholics 6.0 Awards N120m to Tech Talents
Wema Bank's Hackaholics 6.0 has empowered young Nigerian innovators, awarding N120 million in cash prizes. Discover the winners and the bank's commitment to STEM and youth development.
Woman fakes kidnap, extorts ₦2.5m from husband
Lagos police arrest a 26-year-old woman and accomplice for staging her own abduction to extort money from her husband. Full investigation details revealed. Report any suspicious activity to the police.
Visa Scam: Cameroonian Woman Loses N2m in Ogun
A Cameroonian woman was defrauded of over N2 million in a visa scam in Ibafo, Ogun State. Swift police action led by the DPO ensured her welfare and safe return. Read how the incident unfolded.
Son, 4 others arrested for fake kidnapping in Lagos
Lagos police arrest five suspects, including a 15-year-old boy, for staging his own kidnapping to extort N1.7 million from his mother. Full details of the elaborate scam revealed.
EFCC Arrests Herbalists with Counterfeit Millions
EFCC operatives arrest five herbalists in Osun and Lagos with counterfeit $3.4m and €280k. The syndicate defrauded victims of millions under pretence of spiritual cleansing. Read the full details.
Traders Fair 2026 in Lagos: Free Registration Open
Lagos prepares for Traders Fair 2026 on April 10. Join top finance experts for seminars on Forex, Stocks, AI, and networking. Free entry at Lagos Continental Hotel.
Man Arrested for Defrauding Patients at ATBUTH
ATBUTH management apprehends a man for allegedly extorting N45,000 from a gunshot victim's relatives. Hospital warns public against fraudsters. Read more.
Parallex Bank Leads Nigeria's Digital Banking Renaissance
Dr. Olufemi Bakre, MD/CEO of Parallex Bank, outlines the bank's pivotal role in shaping Africa's digital banking future. Discover his leadership philosophy and the bank's growth trajectory.
Woman's Heartbreak After Financing Boyfriend's Move Abroad
A 37-year-old woman reveals how she brought her boyfriend abroad, financed everything, only for him to fall in love with her pregnant neighbour. Full story and video.
Romance Fraudster Jailed 17 Years for £1M Scam
Nigel Baker, 56, tricked single mothers out of over £1M for his gambling. He promised marriage but exploited their trust. Read the shocking details.
OmniPay Launches Solutions to Ease Supply Chain Pressure
OmniPay has launched new payment tools and honoured key distributors at its first gala night, reaffirming its commitment to supporting Nigeria's supply chain against economic challenges. Discover the new features.
OHMS Capital Pioneers Financial Innovation in Nigeria
Discover how OHMS Capital is transforming Nigeria's investment landscape with data-driven fintech, blockchain ventures like WePairYou, and major agribusiness focus. Learn their growth strategy and vision for Africa.
Botswana Youths Allegedly Deceived into Fighting for Russia
Botswana investigates claims two citizens, 19 & 20, were lured into Russia's war in Ukraine via a fake military training scheme. Government urges youth vigilance against suspicious offers.
CAC to Report Fintech Firms to CBN Over PoS Operators
The Corporate Affairs Commission warns it will place OPay, Moniepoint, Palmpay on a watchlist and report them to the CBN for enabling unregistered PoS agents. New deadline set for January 2026.
CAC: POS Operators Must Register by Jan 1, 2026
The Corporate Affairs Commission has set January 1, 2026 as the final deadline for all POS operators to register. Unregistered terminals will be seized, and enabling fintechs reported to CBN. Act now to comply.
CAC: Unregistered POS Terminals Face Seizure from 2026
CAC orders all PoS operators to register by Jan 1, 2026, or face seizure. Fintechs enabling illegal transactions will be watchlisted. Full compliance is mandatory.
Nigerian Fintech Herconomy Dominates Eurobest Awards 2025
Herconomy's innovative Breastmilk Money Account secures four major awards, including the Grand Prix, at Eurobest 2025, showcasing Nigeria's global impact in fintech and maternal support. Read the full story.
EFCC Returns N96.5m to Ponzi Scheme Victims
The EFCC has recovered and returned N96.5 million to victims of a forex Ponzi scheme in Enugu. Learn how the fraud operated and the commission's warning to investors.
SEC Alerts Public on Unregistered Glorious Wealth Fund
Nigeria's SEC warns against investing with Glorious Wealth Fund (GWF), an unregistered platform. Investors report inability to withdraw funds. Verify companies on SEC portal to avoid fraud.
Oshiomhole's OPay, Moniepoint Accounts Hacked
Senator Adams Oshiomhole recounts his ordeal with hackers who siphoned funds from his fintech accounts, calling for stricter regulations. OPay responds to shutdown rumours.
OPay Wins Double at Tech Innovation Awards 2025
OPay Nigeria scooped Fintech Company of the Year and Best Fintech in Cybersecurity at the 2025 Tech Innovation Awards. Read about their commitment to secure digital finance.
Senator Natasha: Nigerian Youths Earn 50 Cents, US Gets $30
Senator Natasha Akpoti-Uduaghan reveals Nigerian content creators earn 50 cents for work fetching $30 in the US. She demands fairness in financial reforms. Read more.
Nigerians, Sudanese Sentenced in US Romance Scam Case
Two Nigerian men and a Sudanese woman have been sentenced to over 20 years combined for a romance scam that caused a retired American teacher's suicide. Read the shocking details of the elaborate fraud.
Verve Issues 100 Million Payment Cards Across Africa
Verve International celebrates issuing 100 million payment cards, a landmark for Africa's digital economy and financial inclusion. Discover how this homegrown brand is reshaping payments.
Nigeria's Cyberattacks Jump Over 1000% in Q3 2025
A new report reveals Nigerian firms faced a record 1,047% surge in cyberattacks last quarter, with stolen employee logins now the primary threat. Learn how businesses can defend themselves.
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