OPay to Introduce News Charge on Transfers Above ₦10,000 (See Why)

Popular fintech company, OPay, has notified its users that a one-time fee of ₦50 will be applied to electronic transfers exceeding ₦10,000 starting from Monday, September 9, 2024. This charge, known as the Electronic Money Transfer Levy (EMTL), is in compliance with the Federal Inland Revenue Service (FIRS) regulations. In a message sent to customers […]