Finance
Amex Launches First Business Card in Nigeria
- O3 Capital to offer business card with $10,000 monthly credit
- Amex plans to expand to more countries on the continent
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American Express Co. is launching its first business credit card in Nigeria in partnership with local neobank O3 Capital, potentially improving access to dollars in the West African nation.
O3 Capital and Amex unveiled the product on Thursday in Lagos, the commercial capital, offering the business card with a spending limit of $10,000 and a repayment period of up to 45 days for international transactions.