The federal government has commenced electronic charges of N50 from transactions of N10,000 and above made by users of Opay, Moniepoint, Kuda, and other fintech companies. The levy, called Electronic Money Transfer Levy (EMTL), introduced […]
The Federal Government of Nigeria has directed one of the Fintech banks in the country, OPay, to Levy a one-time fee of N50 on electronic transactions from N10,000 (ten thousand naira). The directive was contained […]
The onboarding restrictions of new customers placed on Opay, Palmpay, Kuda, Paga and Moniepoint has been lifted by the Central Bank of Nigeria (CBN). Opay, which disclosed the information on its official X handle, said […]
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