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Home»Science/Tech & Innovation/R&D»Moniepoint denies role in arrests
Science/Tech & Innovation/R&D

Moniepoint denies role in arrests

NewsdeskBy NewsdeskMarch 18, 2026Updated:March 18, 2026No Comments2 Mins Read
Moniepoint
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Moniepoint Microfinance Bank says it is not involved in the arrest or detention of individuals over criticism of its services and respects customers’ right to speak out and provide feedback.

Mr Bemigho Awala, Public and Media Relations Manager of the bank, made the clarification while addressing newsmen on Wednesday in Lagos.

Awala said the institution neither arrested nor requested the arrest of anyone for criticising its services.

“I would like to reiterate that Moniepoint did not arrest, detain, or request the arrest of anyone for criticising its services,” he said.

He stressed that, as a financial institution, the bank recognises the right of customers to express opinions, question its operations, and provide feedback.

Awala noted that customer feedback remains central to the company’s operations, with regular Net Promoter Score (NPS) surveys conducted to improve products and services.

He added that such feedback has informed product development, including the introduction of new offerings in response to customer demand.

Awala said the company recently observed activities it considered unusual and reported its findings to law enforcement agencies for investigation.

He stated that the matter is before the court and subject to judicial determination.

According to the spokesperson, the case is being handled in line with applicable laws, and the bank will allow the legal process to run its course.

Awala acknowledged public concerns and said the company remains committed to engaging customers, improving service delivery, and addressing issues promptly.

He said the company would not comment further on the matter pending the outcome of the proceedings.

“Our focus remains on creating financial happiness for the millions of individuals and businesses who rely on us daily. Their trust is our priority,” Awala said.

He reaffirmed the company’s commitment to integrity, transparency, and accountability.

Earlier in the year, reports indicated that the Nigeria Police Force filed charges against two individuals in connection with alleged online activities directed at the bank.

The case, filed under Nigeria’s cybercrime laws, is seen as part of efforts to address issues related to online conduct, misinformation, and digital activities affecting institutions.

The development has attracted public interest, alongside broader discussions around customer experiences and service delivery within the financial services sector.

Moniepoint Microfinance Bank Nigeria Police Force NPS
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