The federal government has imposed a deduction of N50 Electronic Money Transfer Levy (EMTL) from every inflow of N10,000 and above received by customers of Fintech companies, including Opay, Moniepoint, and others. In a notice to its customers yesterday, the online payment platform stated that the charges in line with the Federal Inland Revenu...
The Central Bank of Nigeria has reviewed its position on the ban on cryptocurrency transactions in Nigeria. The apex bank said yesterday that it had changed its stance on crypto assets in the country and asked banks to disregard its earlier ban on crypto transactions, reports Daily Trust. This is contained in a circular dated […]

