Payment Service Banks (PSBs)

Nigeria has been ranked the fifth African country with low banking penetration, as a result of its high portion of the unbanked population compared to other African countries such as South…

A recent report by the Global System for Mobile Communication Association (GSMA) intelligence has shown what developing countries can learn from India in driving financial inclusion through…

With the just released earnings for the year ended December 31, 2021, MTN recorded a successful business year across its service revenue, active data usage, fintech subscription, among…

Lagos, Ogun, Kano and Oyo are the top states that are likely to influence the growth of the Payment Service Banks (PSBs) based on the huge number of mobile subscribers they have.…

Following the granting of approval in principle (AIP) by the Central Bank of Nigeria (CBN), MTN Nigeria and Airtel now have about six months to become licenced Payment Service Banks (PSBs).…