TECH
OPay Wins Standard Bank Backing as Nigeria Tech Risk Rises
Standard Bank's investment in OPay is best read as a float and liquidity play, not an interoperability milestone. Airtel Money's undersubscribed IPO sets a lower comparable for African mobile money valuations, which pressures private marks for Nigerian wallet businesses. Agent economics still depend on cash commissions, and CBN dormancy metrics will expose how many Nigerian wallets are real.
