MTN Group Chief Executive Officer, Ralph Mupita, has said that the telecommunications firm targets a valuation of between $5 billion and $6 billion of its mobile money arm

To scale up Nigeria’s mobile money market to at the sub-regional front, the Central Bank of Nigeria (CBN) should extend licences to MTN and Airtel.

Mobile Money transactions rose by 65 per cent in 2020 with accounts across the globe hitting 1.2 billion. The Global System for Mobile telecommunications Association (GSMA) disclosed this yesterday....

British Deputy High Commissioner in Nigeria, Ben Llewellyn-Jones, has decried the most populous black nation’s three per cent mobile money penetration.

Mobile money transfer services have become arguably the single most effective contributor to global financial inclusion initiatives, and, particularly in developing countries, they have facilitated access to cheap and reliable financial services....

Mobile money transfer services have become arguably the single most effective contributor to global financial inclusion initiatives, and, particularly in developing countries, have facilitated access to cheap and reliable financial services for an ever-increasing formerly unbanked segment of the population. Favourable regulatory environments and supervisory good practices have enabled significant innovation in mobile transfer services…

Nigerian financial service technology company, OPay has announced a partnership with leading global digital payments platform WorldRemit...

Association of Mobile Money and Bank Agents of Nigeria (AMMBAN) has frowned at intimidation, disruptions and molestation of its members across the country by local government councils/LCDAs officials and their contractors on the basis of collection of levies and daily tolls. This extortion according to AMMBAN is coming in the wake of a Pandemic which…

Interoperability can help the mobile money industry shift to a higher gear, where customers can pay merchants and transfer money without having to consider which mobile money provider they are using.

Zimbabwe's stock exchange said it was suspending trading Monday following a weekend government order that the bourse...

Some 700 million out of the estimated 1.216 billion Africans currently lack access to a bank or mobile money account, and only 41 per cent of the people are financially included.

Payments service platforms, including Interswitch, Flutterwave, and MTN Nigeria, were identified among players that drove the adoption of mobile money in sub-Saharan Africa (SSA) in 2019.