Headlines

OPAY, MONIEPOINT, OTHERS BEGINS DEDUCTION OF ELECTRONIC TRANSFER FEE FROM TOMORROW

Fintech companies, including OPay, Moniepoint and others, have announced plans to begin deduction of N50 Electronic Money Transfer Levy (EMTL) from transactions of N10,000 and above with effect from tomorrow, September 9th .This deduction followed a directive by the Federal Inland Revenue Service (FIRS).The mandatory deduction will bring an end to the era of free banking services provided by fintechs, though the…

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TINUBU TO NIGERIANS: FUEL PRICE HIKE INEVITABLE

President Bola Tinubu on Friday in Beijing rounded off his official engagements in People’s Republic of China with a meeting with Nigerians living in the country, assuring them that his administration will replicate quality infrastructure available in China in Nigeria. Addressing members of Nigerians in Diaspora Organization in China (NIDO China) and the Nigerian community…

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