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Mobile banking: Abuja central bank gives MTN Nigeria green light

South African telecom giant MTN Group will offer financial services to its 56 million mobile customers in Nigeria. 21 hours ago. whatsapp. MTN Nigeria Communications PLC debuted May 16 on the Nigerian Stock Exchange in Lagos [Temilade …Read more





Mobile money Abuja central bank gives MTN Nigeria green light

A subsidiary of MTN Nigeria Communications PLC has been awarded a licence by the countrys central bank in Abuja that companies to provide banking services aiming to give millions of Nigerians without bank accounts access to mobile money services
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African economy the limits of leapfrogging

This has it that in the words of a World Bank study in Africa Nigeria in 2001 had 100000 working landlines for a population then around 140m When in that year MTN a South African telecoms company bid 285m for a mobile operating licence
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MTN to offer mobile banking in Nigeria next year

MTN-Office Federal government announced last month that it would allow telecom companies to provide banking services aiming to give millions of Nigerians without bank accounts access to so-called mobile after the Central Bank of NigeriaCBN said
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MTN Targets Mobile Banking Licence in Nigeria

MTN Group will apply for a mobile banking licence in Nigeria and plans to launch the service there next year Nigeria announced last month that it would allow telecom companies to provide banking services aiming to give the central bank said it
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MTNs cut-price Nigerian float has silver linings

Applying MTNs group-level 46 times EBITDA multiple gives an equity value to resolve a dispute with Nigerias central bank over 8 billion in repatriated dividends However it remains locked in a legal battle with Abuja over 2 billion of taxes
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Nigerias central bank holds interest rate at 13 pct

ABUJA Reuters – Nigerias central bank held its benchmark interest rate unchanged at safeguard the value of the currency and engender overall stability of the banking system Emefiele told a news conference It was noted however that monetary
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