17 results
- Business28 Aug 2026
MoMo PSB Appoints Bode Abifarin as CEO
MoMo Payment Service Bank (MoMo PSB), the fintech subsidiary of MTN Nigeria licensed by the Central Bank of Nigeria to provide digital financial services, money transfers and bill payments via mobile devices, is pleased to announce the appointment of Bode Abifarin as its Managing Director and Chief Executive Officer, effective 1 September 2026.
- 5 May 2026
UBA, Redtech, MoMo PSB Expand Merchant Payment Access Across Nigeria
United Bank for Africa (UBA), Redtech, and MoMo PSB have launched a payment interoperability partnership that expands cardless payment access for consumers and merchants across Nigeria. Redtech is…
- 14 Aug 2024
Unlocking Digital Inclusion: S.Mobile and MTN Nigeria Partner for MoMo PSB and Data Bundles, Airtime
In a move that promises to revolutionize access to digital services and financial inclusion for millions of Nigerians, S.Mobile has joined forces with MTN Nigeria. This strategic partnership focuses…
- 21 May 2023
MoMo PSB to Invest in Financial Education, Mobile Financing, to Drive Financial Inclusion
Eli Hini, CEO of MoMo PSB, says that the mobile money operator will invest in financial education, mobile device financing and other financial solutions, to bridge the financial inclusion gap in…
- 2 Mar 2025
MoMo PSB Partners with Sochitel to Launch Gift Card Services
MoMo Payment Service Bank (MoMo PSB), a leader in digital financial services in Nigeria, recently partnered with Sochitel Group, a global leader in digital prepaid products. This collaboration…
- 24 May 2024
MoMo PSB and Layi Wasabi Announce Groundbreaking "No-Loser" Partnership
Recently the digital space was abuzz with speculation about a potential legal battle brewing between Layi Wasabi's comedic character, ‘The Law’, and MoMo PSB, a leading player in Nigeria’s digital…
- 17 Apr 2025
MoMo PSB Launches Refer & Win Promo: Free Airtime or Data for Life Awaits Nigerians
MoMo PSB, a subsidiary of MTN Nigeria and a leading provider of digital financial services, has unveiled its Customer Refer & Win Promo, an exciting initiative aimed at rewarding loyal customers…
- 19 May 2022
MoMo Payment Service Bank Formally Commences Operations
Following the final approval for a Payment Service Bank (PSB) licence granted by the Central Bank of Nigeria (CBN), MTN Nigeria’s fintech subsidiary, MoMo Payment Service Bank (MoMo PSB) Limited,…
- 11 Mar 2024
MoMo PSB Partners WACTAF on Cross-Border Trade
Exciting news for African traders! The Ecowas Loading Point in Ebute Ero, Lagos, a central hub for West African trade, is witnessing a significant development that promises to revolutionize…
- 23 May 2023
SABRE Africa Honours MTN’s Karl Toriola with Certificate of Excellence
In recognition of his tenacious leadership and drive for innovation, Karl Toriola, the CEO of MTN Nigeria, received the 2023 SABRE Africa Certificate of Excellence as CEO of the Year. Since becoming…
- 26 Jun 2022
MTN Alleges N22Bn Fraud on Mobile Money Banking
MTN Communications Limited’s newly licensed Mobile Money Payment Service Bank Limited (MOMO PSB) has alleged a fraudulent loss of N22 billion in one month of operations. In a suit instituted by the…
- 20 Nov 2024
Karl Toriola: How Telecom Can Propel Nigeria to a $1 Trillion Economy
Karl Toriola, ceo of MTN Nigeria, has said that the telecom's sector can drive Nigeria towards $1 trillion economy. He made this statement at the CWG Africa Texcellence Conference 3.0, highlighting…
- 2 Jul 2025
195 Lucky Nigerians Set to Win Big in MTN’s Mega Billion Giveaway
In a significant development for telecommunications subscribers across Nigeria, MTN Nigeria has unveiled an extensive consumer promotion, the "MTN Mega Billion Promo," poised to create 195 new…
- 5 Nov 2021
MTN, Airtel Secure Approvals to Operate Payment Service Banks
MTN Nigeria and Airtel Africa have secured approval in principle to operate a payment service bank (PSB). The telecommunications giants disclosed this in regulatory filings on the Nigerian Exchange…
- 30 Jun 2025
MTN Nigeria Launches "Mega Billion Promo" to Reward Customer Loyalty and Drive Financial Inclusion
MTN Nigeria, the nation's leading telecommunications provider, has announced the launch of the "MTN Mega Billion Promo," a bold, 12-week nationwide consumer promotion designed to celebrate, reward…
- 24 Jun 2025
MTN Nigeria Launches "Mega Billion Promo" to Reward Customer Loyalty and Drive Financial Inclusion
MTN Nigeria, the nation's leading telecommunications provider, has announced the launch of the "MTN Mega Billion Promo," a bold, 12-week nationwide consumer promotion designed to celebrate, reward…
- 5 Nov 2024
MTN Nigeria Posts N514.9Bn Loss as Subscribers Drop in Q3
MTN Nigeria Communications Plc has reported a loss after tax of N514.9 billion for the nine months ending September 30, 2024, driven largely by the naira’s devaluation. Despite recording a Q3 profit…