NewsBreakNigeria
USD/NGN 1,331.28GBP/NGN 1,763.93USD/NGN black market ₦1,375GBP/NGN black market ₦1,850EUR/NGN 1,490.09JPY/NGN 8.41CAD/NGN 936.13
USD/NGN 1,331.28GBP/NGN 1,763.93USD/NGN black market ₦1,375GBP/NGN black market ₦1,850EUR/NGN 1,490.09JPY/NGN 8.41CAD/NGN 936.13
Tech

OPay’s $1.28 lending problem in Nigeria

Every $10 (₦13,329.7) borrowed from OPay generated $2.55 (₦3,399.07) in loan-financing revenue in H1 2026. The figure includes late-payment penalties, not just interest, and offers a glimpse into the revenue lenders…

Aggregated · originally by TechCabal
14 Oct 2026, 17:00 WAT · 3 min read
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OPay’s $1.28 lending problem in Nigeria

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