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Forex pressures ease for MTN in Nigeria

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Nigerian companies are paying overdue dollar obligations after recent central bank reforms led to increased liquidity in the West African nation’s foreign exchange market. MTN Nigeria...

Social Media Handle made mandatory KYC requirement for bank customers in...

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The Central Bank of Nigeria (CBN) has introduced a new regulation that mandates all regulated financial institutions to collect and verify customers’ social media handles...

Clickatell enables access to eNaira without mobile data

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Chat commerce platform Clickatell has partnered with the Central Bank of Nigeria (CBN) to launch a USSD channel for the eNaira to enable Nigerians to...

Airlines repatriate US$265 millions from Nigeria

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The Central Bank of Nigeria (CBN) has released some $265 million out of the total $464 million in trapped funds to foreign airlines to repatriate...

MTN Nigeria approved to operate Payment Service Bank

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Nigeria's telecoms market leader, MTN, has received the final approval to operate as Mobile Money Payment Service Bank (Momo PSB). The approval was granted by...

MTN shares surge on news of Nigeria mobile finance license

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MTN Group’s shares reportedly surged in Johannesburg after the African telecom giant moved a step closer to getting a license to operate lucrative mobile...

MTN gets approval to operate Mobile Money in Nigeria

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MTN Nigeria has reported received provisional approval from the Nigerian Central Bank for the establishment of a mobile money service in that country. Business Insider...
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