Another key telecommunications client of IHS Towers, contributing to its improved fortunes.
MoMo Payment Service Bank (PSB) appoints Bode Abifarin CEO
MoMo PSB appoints Bode Abifarin as Managing Director and CEO effective September 1, 2026. Bode Abifarin has over 23 years of experience in financial services and fintech.
CBN data localisation push raises concerns among fintech executives
The CBN's directive requires all payment-related data to be stored and processed within Nigeria by January 2027. Fintech executives express concerns about the local data ecosystem's readiness to handle the migration of payment data.
MTN Hands MoMo Upgrade to Ant International as Fintech Push Deepens
MTN Nigeria is partnering with Ant International to upgrade its MoMo platform. The upgrade will introduce new technology and a mini-app framework to the MoMo ecosystem.
New Payments Partnership on Expanding Cardless Payment across Nigeria
Redtech, MoMo PSB, and UBA launched a payment interoperability partnership in Nigeria. The partnership connects banking-led merchant acceptance with telco-led mobile money wallets.
Crypto derivatives coming to Luno Nigeria
Luno Nigeria plans to roll out crypto derivatives, including perpetuals and futures trading, by 2026. The Nigerian crypto ecosystem is becoming more structured with legal and regulated trading platforms.
