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The CBN has upgraded Opay, Moniepoint, Kuda Bank, Palmpay, and Paga to national licenses, enabling nationwide operations, Peak Newspaper reports. The move requires higher capital compliance and physical customer support, boosting financial inclusion and strengthening regulatory standards.
The CBN has upgraded Opay, Moniepoint, Kuda Bank, Palmpay, and Paga to national licenses, enabling nationwide operations, Peak Newspaper reports.
The move requires higher capital compliance and physical customer support, boosting financial inclusion and strengthening regulatory standards.
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