Following the final approval for a Payment Service Bank (PSB) licence granted by the Central Bank of Nigeria (CBN), MTN Nigeria’s fintech subsidiary, MoMo Payment Service Bank (MoMo PSB) Limited, formally commenced operations on May 17, 2022.
There was palpable excitement at two popular Lagos markets on Thursday and Friday, May 19 and 20, 2022, as excited fans jostled for photo ops with Nollywood comic actors Olaniyi ‘Sanyeri’ Afonja and Afeez ‘Saka’ Oyetoro.