Payment Service Bank Archives

CBN grants MTN final approval to operate payment service bank

The Central Bank of Nigeria (CBN) has granted MTN the final approval to operate as Momo Payment Service Bank Limited (Momo PSB). Uro Ukpanah, company secretary at MTN Nigeria, disclosed

MTN, Airtel get approval to operate payment service bank

MTN Nigeria and Airtel Africa Plc have received approval in principle to operate a payment service bank (PSB) in the country. The two leading telcos disclosed in regulatory filings on

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Airtel discloses plan to set up ‘payment service bank’ in Nigeria

Airtel Nigeria has announced plans to set up a payment service bank (PSB) in Nigeria Segun Ogunsanya, managing director, Airtel Nigeria, made the disclosure on Tuesday, saying it would help to

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