Latest News Update
OPay to Implement Transfer Fees; See Reasons and when
OPay has announced a new policy in line with Federal Inland Revenue Service (FIRS) regulations. Beginning September 9, 2024, the company will impose a one-time fee of N50 on electronic transfers of N10,000 or more. This fee will apply to both personal and business accounts.
The move is part of OPay’s effort to comply with recent financial regulations and adjust to new operational guidelines.
SHareSee new charges for POS withdrawal, deposit FCG reports that Point of Sales (POS) operators, under the aegis of the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN), Lagos state chapter, have increased charges for deposit and withdrawal. fCG gathered that with the new directive, Nigerians who want to deposit the sum of […]
SHareCurrent prices of rice in Nigeria so overwhelming Rice is packed in sacks of different sizes which include 50kgs, 25kgs, 10kgs, and even 5kgs. These go for different prices and are dependent on the brand, color, and quality of the produce. For as long as memory can search, the price of rice in Nigeria has […]
SHareSee the Value of Naira against US Dollar as Naira Strengthens by N28 The Naira made gains against the dollar in the foreign exchange market on Friday. According to data from the Nigerian Autonomous Foreign Exchange Market (NAFEM), the local currency appreciated by N28.05, trading at N1,631.21 per dollar, down from N1,659.26/$1 the day before. […]