{"id":57780,"date":"2022-04-11T18:49:49","date_gmt":"2022-04-11T17:49:49","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=57780"},"modified":"2022-04-11T18:49:49","modified_gmt":"2022-04-11T17:49:49","slug":"mtn-gets-final-approval-to-operate-payment-service-bank","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/mtn-gets-final-approval-to-operate-payment-service-bank\/","title":{"rendered":"MTN Gets Final Approval To Operate Payment Service Bank"},"content":{"rendered":"

The Central Bank of Nigeria has granted Momo Payment Service Bank<\/a>\u00a0Limited final approval to commence operations.<\/p>\n

This was revealed in a statement signed by the company\u2019s secretary, Uto Ukpanah, on Monday.<\/p>\n

This is coming after the CBN granted the firm approval in principle to operate in November 2021.<\/p>\n

The statement read, \u201cWe refer to our notification issued on 5 November 2021 in which we communicated receipt of the approval in principle from the CBN for Momo PSB.\u201c<\/p>

\r\n
Advertisement<\/div>\r\n\t\t\t\t\t\t\t<\/a>\r\n \r\n\t\t\t\t\t\t\t<\/div>\n

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.<\/p>\n

\u201cThe date of commencement will be communicated to the CBN in accordance with its requirements.<\/p>\n

\u201cMTN Nigeria affirms its commitment towards the financial inclusion agenda of the CBN and the Federal Republic of Nigeria and we are excited at this opportunity to support its fulfilment.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

The Central Bank of Nigeria has granted Momo Payment Service Bank\u00a0Limited final approval to commence operations<\/p>\n","protected":false},"author":6,"featured_media":25715,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[7308,647],"coauthors":[2391],"class_list":["post-57780","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-governor-central-bank-of-nigeria","tag-mtn"],"yoast_head":"\nMTN Gets Final Approval To Operate Payment Service Bank - National Wire<\/title>\n<meta name=\"description\" content=\"The Central Bank of Nigeria has granted Momo Payment Service Bank\u00a0Limited final approval to commenceThe Central Bank of Nigeria has granted\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/mtn-gets-final-approval-to-operate-payment-service-bank\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MTN Gets Final Approval To Operate Payment Service Bank - 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