EKO HOT BLOG reports that MTN Nigeria and Airtel Africa have secured approval in principle to operate a payment service bank (PSB).
This was revealed by the telecommunications giants disclosed in regulatory filings on the Nigerian Exchange Limited (NGX) on Friday, The Nation Reports.
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According to The Nation, they are required to fulfil some conditions for the Central Bank of Nigeria (CBN) to issue them regulatory licences for commencement of operations.
Details later
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