25 results
- 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…
- 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,…
- 8 Nov 2023
MoMo Inks MoU with Kwik Delivery to Revolutionise Payment System
MoMo Payment Service Bank (MoMo PSB), a leading financial institution, and Kwik Delivery, a prominent logistics and warehousing company in Africa, are excited to announce their strategic partnership…
- 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…
- 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…
- 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…
- 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…
- 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…
- 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…
- 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…
- 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…
- 13 Nov 2024
Here are Six Ways You Should Use MoMo PSB for Seamless Transactions
In today’s fast-paced digital world, Mobile Money (MoMo) services have become essential for managing financial transactions conveniently and securely. MTN’s MoMo service offers a plethora of features…
- 16 May 2024
Exposing the Malicious Sabotage of MoMo PSB Project in Enugu Ezike
By Cyprian Nwodo The recent activities of some individuals with one Davids Iyida attempting to sabotage the MoMo Payment Service Bank project intended to benefit, especially Enugu Ezike people, have…
- 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…
- 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…
- 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…
- 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…
- 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…
- 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…
- 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…
- 22 Nov 2022
Nigerian Fintech Solution Improving Access to Bill Payment in Rural Communities
In Nigeria, the creative application of technology to the provision of financial services is having a positive effect on both business operations and individual experiences. Fintech solutions are…
- 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…
- 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…