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MTN Nigeria acquires more shares in MoMo PBS business

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Nigeria’s biggest telco, MTN, has acquired the remaining 7.17 per cent minority interest in MoMo Payment Service Bank for N6.95bn, in a move to...

Eli Hini RESIGNS from MTN

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Eli Hini, CEO of MTN’s MoMo Payment Service Bank (PSB) has reportedly resigned from the company. Reports said Hini, together with his Chief Commercial Officer...

MTN Nigeria recorded 5.3 million mobile money wallets in 2023

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MTN Nigeria has reported that its MoMo Payment Service Bank (PSB) reached 5.3 million active wallet users on its platform as of December 2023.  According...
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