MTN Gets Final Approval To Operate Payment Service Bank

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CBN has granted Momo PSB Limited final approval to commence operations.

According to the statement signed on Monday by Uto Ukpanah, company’s secretary.

This is coming after the CBN granted the firm approval in principle to operate in November 2021.

“MTN Nigeria Communications Plc announces the receipt of a letter dated 8 April 2022 from the CBN addressed to Momo PSB conveying final approval to commence operations.

Date of commencement to be communicated to CBN following the requirements.

-Punch

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