MTN Nigeria and Airtel Nigeria secure approval to operate Payment Service Bank
MTN Nigeria and Airtel Africa Plc have secured approval in principle to operate a Payment Service Bank (PSB) in the country. The two leading telcos made this known in regulatory filings on the Nigerian Exchange Limited (NGX) on Friday, November 5. Techeconomy.ng understands that the PSB operators provide financial services through digital means to low-income earners…