Technology

June 28, 2022

MTN Telecomm sues 18 Nigerian banks over N22B fraud

According to reports, MTN Telecommunications sued 18 Nigerian banks over a mobile money fraud that cost them $22.3 billion ($53.7 million). MTN claims that its newly registered mobile money ...

Investing

April 11, 2022

MTN gets CBN's Final Approval to commence banking operations as MoMo PSB

The Central Bank of Nigeria (CBN) has granted MTN the final approval to operate as Momo Payment Service Bank Limited (Momo PSB). This was disclosed in a press release titled “THE CENTRAL BANK...