MTN Nigeria get CBN approval for MOMO Payment Service Bank
MTN Nigeria Communications Plc says it has received Approval in Principle from the Central Bank of Nigeria (CBN) for a licence application
Source: guardian.ng
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MTN shares surge as Nigeria nears approval for long-awaited license
MTN Group Ltd’s shares surged in Johannesburg after the wireless carrier edged closer to gaining a lucrative mobile-money license in Nigeria, more than two…
Source: businesstech.co.za
MTN, Airtel win payment permit war as banks risk losing more fintech space
A notable advantage the permit is the power to issue debit and prepaid cards for use across e-banking channels.
Source: premiumtimesng.com
MTN Surges as Nigeria Nears Approval for Mobile Banking License
(Bloomberg) -- MTN Group Ltd.’s shares surged in Johannesburg after it moved a step closer to getting a license to operate lucrative mobile-money services in Nigeria, Africa’s most populous nation. The continent’s largest wireless carrier jumped as much as 19% and was up 13.7% at 11 a.m.
Source: bloombergquint.com
MTN seeking to raise $244m from sale of Nigeria shares
The sale comes as MTN looks to finalise a sale-and-lease back of its South African telecom-mast portfolio and list shares in the Uganda operation in Kampala.
Source: moneyweb.co.za