Premium Times
Africa · 1 hrs ago
✦ 72◉ Centre
Tinubu’s competition shake-up ends foreign firm’s 12-year control of airtime lending
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Quality 72/100
Partisan intensity 45/100
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◉ Centre ✓ Fair headline
Nigerian President Tinubu's administration has ended a foreign firm's (Optasia) 12-year monopoly on airtime lending, following concerns raised by the FCCPC about market dominance and capital flight.
Tinubu’s competition shake-up ends foreign firm’s 12-year control of airtime lending
The decision follows a detailed briefing by the FCCPC, which reportedly warned the Presidency that Optasia’s long-standing dominance of the market had encouraged massive capital flight
The post Tinubu’s competition shake-up ends foreign firm’s 12-year control of airtime lending appeared first on Premium Times Nigeria.
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