FG Begins N50 Electronic Transfer Levy Charges on Opay, PalmPay, Others, Companies Send Messages

FG Begins N50 Electronic Transfer Levy Charges on Opay, PalmPay, Others, Companies Send Messages …C0NTINUE READING HERE >>>

The Nigerian government has begun deductions of N50 electronic transfer levy (EMTL) on transactions made on fintech platformsThe fintech platforms such as Opay, Palmpay, Moniepoint and others notified their customers that the charges began on December 1, 2024The EMTL charges was scheduled to commence on September 9, 2024, but was delayed due to opposition from Nigerians

Henzodaily.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.

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