MTN Nigeria, one of the country’s leading telecommunication service providers, has taken up alternative e-payment channels for the recharge of customers’ phone lines as a face-off with banks escalates. This was disclosed in a release by its Senior Manager, External Relations, Funso Aina. The platforms include Flutterwave, Carbon, Kuda andContinue Reading
Minister of Communications and Digital Economy, Isa Pantami, has waded into the trade dispute between commercial banks and mobile network operator, MTN Nigeria. Pantami, in a tweet late Friday, wrote, “On the fallout between @MTNNG and some banks on USSD services today, I engaged with both regulators, the Governor ofContinue Reading
President Muhammadu Buhari, on Friday, November 13, signed the Banks and Other Financial Institutions Act 2020 into law. This was disclosed by the Senior Special Assistant to the President on Media and Publicity, Garba Shehu, in a statement titled “President Buhari assents to Banks and Other Financial Institutions Act 2020″. According to the statement, President Buhari signedContinue Reading
Scrapping the debt of heavily indebted African nations will only come back to haunt them, according to two of the continent’s largest banks. Ade Ayeyemi, chief executive officer of Lome, Togo-based Ecobank Transnational Inc. made his view clear on the matter. He said, “Forgiveness is not helpful because your debt isContinue Reading
