The Federal Government of Nigeria has introduced a mandatory N50 Electronic Money Transfer Levy (EMTL) on fintech platforms, including Opay and Moniepoint for transactions of ₦10,000 and above. This new levy, implemented under the Finance Act 2020, had previously only applied to
Nigeria and France have strengthened their economic cooperation by signing a Memorandum of Understanding (MoU) focused on developing the mineral value chain. This agreement, reached during President Bola Tinubu’s recent visit to France, is in line with the Tinubu’s Renewed Hope Agenda
Swiss cement giant Holcim has announced plans to exit the Nigerian market, citing challenging economic conditions under the administration of President Bola Tinubu. The decision was reported by The People’s Gazette.Holcim’s planned withdrawal comes amid persistent economic issues, including high inflation, currency