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President Bola Tinubu has directed the Federal Competition and Consumer Protection Commission (FCCPC) to dismantle the 12-year monopoly enjoyed by South African technology firm Optasia (formerly Channel VAS) in Nigeria’s airtime credit lending and data advance market.
The directive aims to liberalize a sector estimated to be worth up to ₦3 trillion in annual transaction value, opening it up exclusively to indigenous financial technology companies..See the video & full news here.
