30 results
- 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…
- 30 Sept 2025
MoMo PSB Celebrates Nigeria at 65 with Nationwide Free Transfers on Independence Day
As Nigeria marks 65 years of independence on October 1, MoMo Payment Service Bank, a subsidiary of MTN Nigeria, is celebrating the occasion by waiving transfer fees nationwide for 24 hours. From…
- 4 Feb 2026
MoMo PSB, SMEDAN Forge Pact to Digitise Nigeria's SMEs
MoMo PSB, MTN Nigeria's fintech powerhouse, sealed a game-changing pact with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) on February 3 at its Victoria Island headquarters,…
- 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 Jan 2026
MoMo PSB Expands Cross-Border Transfers Across Africa
MoMo Payment Service Bank (MoMo PSB), the financial subsidiary of MTN Nigeria, has expanded its cross-border transfer service, extending outbound coverage to additional African markets (including…
- 2 Sept 2022
MoMo PSB Unveils New Brand Ambassador
Mobile money operator, MoMo Payment Service Bank, has announced popular comedienne, Anita Asuoha, popularly known as ‘Real Warri Pikin’, as its first ever Brand Ambassador for its brand. The…
- 18 Dec 2024
MoMo PSB Joins Togolese Community for Festive Celebration in Nigeria
In a vibrant display of culture, MoMo PSB joined the Togolese community at the Proudly Togolese Feast 2024 in Nigeria, celebrating the rich heritage of Togo while fostering unity among Togolese…
- 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…
- 11 Dec 2025
MoMo PSB Brings Relief to UNILAG Students with Ultra-Cheap Bus Fares
MoMo Payment Service Bank (MoMo PSB), a fintech subsidiary of MTN Nigeria, has announced a partnership with Ogata Electric Vehicles to provide subsidised bus rides of ₦10 per fare to students of the…
- 14 Aug 2024
MoMo PSB Partners Ikoyi-Obalende LCDA to Empower 1000 Women Small-Scale Businesses with N50,000 Grant
As part of its commitment to supporting businesses in Nigeria, MoMo PSB partnered with the Ikoyi-Obalende Local Council Development Area (LCDA) on the disbursement of N50 million in grants to 1000…
- 28 May 2023
MoMo PSB Partners MTN Foundation to Educate Female Entrepreneurs
MoMo PSB on Friday, May 19, 2023 organized a forum in partnership with MTN Foundation’s Y’ellopreneurs, at the Lagos Continental hotel Lagos. The forum had female business owners, MoMo agents and…
- 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…
- 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…
- 9 Apr 2024
Lagos State Government, MoMo PSB Partners to Combat Food Inflation
In response to the rising food prices and economic challenges, Lagos State has initiated a strategic partnership with MoMo PSB through the Lagos Fresh Food Hub. This initiative is a direct effort by…
- 28 Oct 2024
MoMo PSB Launches Outbound Remittance Service across Africa
MoMo PSB has announced the launch of its outbound and inbound remittance service which enables customers in Nigeria to send money seamlessly to 13 African countries, including Benin Republic,…
- 30 Aug 2024
MoMo PSB, LSSBI Advisory Partner for Seamless Tax Payments
MoMo PSB has announced a partnership with Leadership Strategy Sustainability Business Innovation (LSSBI) Advisory to enhance financial inclusion and streamline tax payments in Ekiti, Nasarawa, and…
- 18 Mar 2025
MoMo PSB Launches 'Refer & Win' Promo with Airtime and Data Rewards for Loyal Customers
MoMo PSB, Leading provider of digital financial services, a subsidiary of MTN Nigeria, has launched its Customer Refer & Win Promo, a new initiative designed to reward loyal customers with free…
- 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,…
- 15 Oct 2024
MoMo PSB Partners Vendy Ltd to Deepen Financial Inclusion with Launch of WhatsApp Shop
As part of its commitment to driving innovation in the digital financial services sector, MoMo Payment Service Bank (PSB) and Vendy Ltd has teamed up with tech firm, Vendy Ltd to introduce WhatsApp…
- 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…
- 8 Aug 2024
MTN Nigeria takes full control of MoMo bank for $4.6m
MTN Nigeria recently announced that it has successfully acquired a 7.17% minority interest in Mobile Money Payment Service Bank (MoMo PSB), which was formerly controlled by Acxani Capital, for a…
- 23 Nov 2023
MoMo Organises Symposium and Exhibition to Accelerate SME Growth in Nigeria
MoMo PSB in partnership with the Nigerian Association of Small and Medium Enterprises (NASME) hosted a two-day symposium and exhibition on empowering nano and small businesses in Lagos State. The…
- 5 Oct 2022
MoMo Bill Payment: What it is and why to use it
Payments are a necessity for both individuals and businesses. The need to make payments is perhaps the one thing all customers have in common. Daily, individuals and businesses pay utility bills such…
- 17 Nov 2022
Nigerian Fintech Solution Introduces Bill Payment for the Unbanked Population
A recent report by EFInA shows up to 38 million Nigerian adults, translating to about 36% of the total adult population in the country, were financially excluded. Against this backdrop, MoMo Bill…
- 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…
- 29 Oct 2023
Oluwapelumi Yusuf Emerges Winner of First MTN MoMo Hackathon
The first edition of the MTN MoMo Hackathon in Nigeria has come to an end with Oluwapelumi Yusuf emerging as the winner. Yusuf won the grand prize of USD 5,000 for inventing Rova Pay which…
- 14 Nov 2023
How Did MTN MoMo Hackathon Winners Create Financial Magic for Financial Inclusion
MoMo Hackathon 2023 was a stage set for innovation, collaboration, and financial brilliance. Developers, innovators, and entrepreneurs across Nigeria converged to showcase their skills, creativity,…
- 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…
- 31 Aug 2025
MTN Nigeria Empowers over 3,000 Customers with ₦579m in Mega Billion Promo
MTN Nigeria has now awarded a total value of 579 million naira to 3,121 customers in its ongoing Mega Billion Promo. The 90-day promo, which kicked off on June 23, has continued to gain momentum…