In a significant step towards alleviating the challenges faced by many ordinary citizens, the federal government has officially kicked off the disbursement of a generous monthly cash support of ₦50,000 under the National Emergency Relief and Stabilisation Intervention (NERSI). This initiative is a beacon of hope for countless vulnerable Nigerians who are grappling with the…
Standard Bank Group, a financial powerhouse recognized as Africa’s largest lender by asset size, is reportedly exploring the possibility of acquiring a significant stake in OPay, a prominent Nigerian fintech company. This potential investment is being considered in the lead-up to OPay’s anticipated initial public offering (IPO) on a United States stock exchange. According to…
OPay Limited has experienced a remarkable surge in its financial operations, processing a colossal gross transaction value (GTV) of $358 billion in the fiscal year 2025. This figure represents a staggering increase of more than double the $166.2 billion recorded in the preceding year, 2024. This exponential growth underscores the fintech giant’s aggressive expansion within…
