CBN Freezes Some Fintech Firms’ Accounts, Raising Concerns About The Future of Nigerian Startups

The Central Bank of Nigeria (CBN) has secured a court order to freeze the accounts of some fintech companies for 180 days. The Federal High Court in Abuja granted the prayer of the apex bank to put the financial activities of the investment firms on hold pending the conclusion of its investigation into their alleged … Continue reading CBN Freezes Some Fintech Firms’ Accounts, Raising Concerns About The Future of Nigerian Startups