MTN Nigeria Goes Into Banking, Gets Final Approval For MoMo Bank

LAGOS APRIL 11TH (NEWSRANGERS)-Telecom firm, MTN, has received final approval from Nigerian regulators to run a payment service bank, the wireless carrier said in a regulatory filing on Monday. “The date of commencement will be communicated to the CBN (Central Bank of Nigeria) in accordance with its requirements,” the telco heavyweight said of the bank…

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