LAGOS, April 11 (Xinhua) -- South African telecommunications giant MTN has received final approval to operate a mobile payment service, called MoMo Payment Service Bank (MoMo PSB) in Nigeria, a company official said Monday.
"MTN Nigeria Communications PIc (MTN Nigeria) announces the receipt of a letter dated April 8, 2022, from the Central Bank of Nigeria (CBN) addressed to Momo PSB conveying final approval to commence operations," said Uro Ukpanah, the company's secretary, in a statement.
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