MTN Nigeria secures complete ownership of MoMo PSB with a ₦6.95 billion acquisition

MTN Nigeria has successfully completed the acquisition of a 7.17% minority interest in MoMo Payment Service Bank (MoMo PSB) previously held by Acxani Capital, with a total investment of ₦6.95 billion, equivalent to approximately $4.36 million. This strategic move is aimed at streamlining and fortifying the operations of the fintech entity. As a result of … Continue reading MTN Nigeria secures complete ownership of MoMo PSB with a ₦6.95 billion acquisition