MTN Buys Bank for N16.35 Billion, Speaks on Expansion in Financial Services Industry

MTN Buys Bank for N16.35 Billion, Speaks on Expansion in Financial Services Industry …C0NTINUE READING HERE >>>

MTN has acquired the remaining 7.17% minority ownership in MoMo Payment Service Bank for N6.95 billionThis purchase is consistent with MTN Nigeria’s overall strategy to improve its standing in the financial services sectorMTN Nigeria intends to boost revenue streams from the growing digital finance market through the acquisition

Henzodaily.ng journalist Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.

In an effort to improve its standing in the…

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