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The Central Bank of Nigeria gives final approval for MTN to operate MoMo Payment Service Bank Limited.

The Central Bank of Nigeria gives final approval for MTN to operate MoMo Payment Service Bank Limited.

by | Apr 14, 2022 | African News

MTN’s MoMo Payment Service Bank Limited (MoMo PSB) received final approval from Nigeria’s Central Bank. Telecom companies are expected to have at least $12.2 million in capital to operate as payment service banks in Nigeria. These operators must provide...

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