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MTN Gets Approval For Momo Bank In Nigeria As It Diversifies Into Banking - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / MTN Gets Approval For Momo Bank In Nigeria As It Diversifies Into Banking (34696 Views)

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Re: MTN Gets Approval For Momo Bank In Nigeria As It Diversifies Into Banking by WebSurfer(m): 11:53am On Apr 11, 2022
grin
Re: MTN Gets Approval For Momo Bank In Nigeria As It Diversifies Into Banking by NairalanderClan: 11:54am On Apr 11, 2022
A
Re: MTN Gets Approval For Momo Bank In Nigeria As It Diversifies Into Banking by Topmaike007(m): 11:54am On Apr 11, 2022
Ok
Re: MTN Gets Approval For Momo Bank In Nigeria As It Diversifies Into Banking by PENNYSWAP: 11:54am On Apr 11, 2022
alabi484:
MTN POS loading

It’s in circulation since January and it’s just 4K naira to get one

2 Likes 1 Share

Re: MTN Gets Approval For Momo Bank In Nigeria As It Diversifies Into Banking by Damisam93(m): 11:54am On Apr 11, 2022
bukatyne:
Nice one for MTN.

More revenue, more jobs.

I don't think so, it just create more competition since there others before them.

1 Like

Re: MTN Gets Approval For Momo Bank In Nigeria As It Diversifies Into Banking by God1000(m): 11:54am On Apr 11, 2022
nero2face:
Ok
diversification is good, I hope they will offer top notch services
Re: MTN Gets Approval For Momo Bank In Nigeria As It Diversifies Into Banking by Biggcake: 11:54am On Apr 11, 2022
I can authoritatively bet my left balls, that 93% of people who read this didn't understand a thing, including Seun, mynd44 and lalasticlala..

Re: MTN Gets Approval For Momo Bank In Nigeria As It Diversifies Into Banking by Adabestseason(m): 11:55am On Apr 11, 2022
This is what the federal government would have done opening a commercial bank for payment of all government revenues not using new generation fraudsters' banks to pay salaries.
Re: MTN Gets Approval For Momo Bank In Nigeria As It Diversifies Into Banking by Nobody: 11:56am On Apr 11, 2022
I wouldn't want to bank with them.
Re: MTN Gets Approval For Momo Bank In Nigeria As It Diversifies Into Banking by Soulsymbol99: 12:00pm On Apr 11, 2022
LagBlogger:
MTN will use their leverage to grow MOMO and push the competition out of business.



Aswear! MTN, DSTV, SHOPRITE n nw MONO Bank. Na South Africa get our economy be that.

1 Like 1 Share

Re: MTN Gets Approval For Momo Bank In Nigeria As It Diversifies Into Banking by Cmanforall: 12:01pm On Apr 11, 2022
Diamond Bank maybe
Re: MTN Gets Approval For Momo Bank In Nigeria As It Diversifies Into Banking by obinnajohnson: 12:04pm On Apr 11, 2022
It is finished.
Re: MTN Gets Approval For Momo Bank In Nigeria As It Diversifies Into Banking by SocialJustice: 12:04pm On Apr 11, 2022
Imagine if mtn allows people to cash out airtime at any momo store. Essentially, your airtime balance is actual naira you can spend. When credit is transferred, it is equal to transferring money. Banks will hear this one. I know it is only a matter of time before they start giving out credit and carrying out forex transactions.

3 Likes 1 Share

Re: MTN Gets Approval For Momo Bank In Nigeria As It Diversifies Into Banking by Skillsnigeria: 12:09pm On Apr 11, 2022
That's good
Re: MTN Gets Approval For Momo Bank In Nigeria As It Diversifies Into Banking by Advancedman(m): 12:09pm On Apr 11, 2022
politicoNG:
The approval gives the firm the leave to operate virtually all the services offered by conventional commercial banks except granting credit and processing foreign exchange transactions.




https://www.premiumtimesng.com/news/headlines/523144-breaking-mtn-nigeria-diversifies-into-banking-gets-final-approval-for-momo-bank.html

That's why they barred my SIM despite 100% Satisfactory status.
Re: MTN Gets Approval For Momo Bank In Nigeria As It Diversifies Into Banking by DrDax: 12:10pm On Apr 11, 2022
nero2face:
MTN succeeded in Nigeria bcuz they were the first telecommunication company, no reasonable Nigeria will prefer to bank with their so called bank when we have world class banks around us (and I don't see them giving any special kind of banking aside what we're having already)...

Look beyond your nose ...
Re: MTN Gets Approval For Momo Bank In Nigeria As It Diversifies Into Banking by iamdapsyj(m): 12:19pm On Apr 11, 2022
nero2face:
MTN succeeded in Nigeria bcuz they were the first telecommunication company, no reasonable Nigeria will prefer to bank with their so called bank when we have world class banks around us (and I don't see them giving any special kind of banking aside what we're having already)...not with all the wahala they're giving us with their network

Please get your facts right, Econet was the first to start operation out of the four mobile telecommunications company in Nigeria.

5 Likes 1 Share

Re: MTN Gets Approval For Momo Bank In Nigeria As It Diversifies Into Banking by kaymart: 12:19pm On Apr 11, 2022
WiszyFraud:
Did you know??



Once people realize they can’t manipulate you, they start to dislike you. .



lipsrsealed
Sometimes and depending on the circumstance
Re: MTN Gets Approval For Momo Bank In Nigeria As It Diversifies Into Banking by REALretep(m): 12:22pm On Apr 11, 2022
Wait oo
Does this service mean we can now cash out our airtime balance
Re: MTN Gets Approval For Momo Bank In Nigeria As It Diversifies Into Banking by aspabay(m): 12:24pm On Apr 11, 2022
nero2face:
MTN succeeded in Nigeria bcuz they were the first telecommunication company, no reasonable Nigeria will prefer to bank with their so called bank when we have world class banks around us (and I don't see them giving any special kind of banking aside what we're having already)...not with all the wahala they're giving us with their network

Sadly you know nothing about mobile banking.

Just wait and see.

You see what Kuda, Opay etc are doing, MTN will do better because of obvious advantages.

3 Likes 1 Share

Re: MTN Gets Approval For Momo Bank In Nigeria As It Diversifies Into Banking by aspabay(m): 12:27pm On Apr 11, 2022
Soulsymbol99:

Aswear! MTN, DSTV, SHOPRITE n nw MONO Bank. Na South Africa get our economy be that.

There are several other network providers
DSTV, yet no tangible alternatives yet.
Shoprite? Hope you know it is no longer the top store in Nigeria, several abound all over Nigeria. Thriving Nigerian businesses.

You all want FDI but cry that foreigners are taking over your ecomomy, no be mumu be that?
Re: MTN Gets Approval For Momo Bank In Nigeria As It Diversifies Into Banking by wiseoneking: 12:27pm On Apr 11, 2022
nero2face:
MTN succeeded in Nigeria bcuz they were the first telecommunication company, no reasonable Nigeria will prefer to bank with their so called bank when we have world class banks around us (and I don't see them giving any special kind of banking aside what we're having already)...not with all the wahala they're giving us with their network
I will bank with them and they will prosper. Let's just stop be envious of other peoples progress because they are not our people. What did we gain from our local network providers. Reasonable Nigerian will still bank with them and heaven will not fall. Jealousy kills. That's how Nigeria government carried out indigenization of foreign companies in seventies and destroyed all because of poor management.

1 Like 1 Share

Re: MTN Gets Approval For Momo Bank In Nigeria As It Diversifies Into Banking by nnemak(m): 12:28pm On Apr 11, 2022
Cetel (Airtel) was the first
nero2face:
MTN succeeded in Nigeria bcuz they were the first telecommunication company, no reasonable Nigeria will prefer to bank with their so called bank when we have world class banks around us (and I don't see them giving any special kind of banking aside what we're having already)...not with all the wahala they're giving us with their network

1 Like 1 Share

Re: MTN Gets Approval For Momo Bank In Nigeria As It Diversifies Into Banking by BotherMleeper(m): 12:37pm On Apr 11, 2022
nero2face:
MTN succeeded in Nigeria bcuz they were the first telecommunication company, no reasonable Nigeria will prefer to bank with their so called bank when we have world class banks around us (and I don't see them giving any special kind of banking aside what we're having already)...not with all the wahala they're giving us with their network

Actually Econet was the first.

2 Likes 1 Share

Re: MTN Gets Approval For Momo Bank In Nigeria As It Diversifies Into Banking by BrashMan: 12:39pm On Apr 11, 2022
If you want to open a MOMO account, DM me. I will direct u on how to go about it. And if you want to use it for business- selling airtime and paying of bills- hit me up.

Any information u need about MOMO, I, am here for you.
Re: MTN Gets Approval For Momo Bank In Nigeria As It Diversifies Into Banking by phemmyfour: 12:43pm On Apr 11, 2022
Sirchef:
Mumu bank
Imagine the bank network powered by MTN. Whenever they have issues with their network:

1. Call not going through

2. Bank account not accessible
Re: MTN Gets Approval For Momo Bank In Nigeria As It Diversifies Into Banking by tunjazzy966(m): 12:46pm On Apr 11, 2022
Here in côté d'ivoire,most people are using and it's better for saving.that is what am using here

2 Likes 1 Share

Re: MTN Gets Approval For Momo Bank In Nigeria As It Diversifies Into Banking by chyzoo4u(m): 12:47pm On Apr 11, 2022
Cameroonians has been flexing this for long...

Good thing we got it at last

1 Like 1 Share

Re: MTN Gets Approval For Momo Bank In Nigeria As It Diversifies Into Banking by Teymanhenry(f): 12:49pm On Apr 11, 2022
nero2face:
MTN succeeded in Nigeria bcuz they were the first telecommunication company, no reasonable Nigeria will prefer to bank with their so called bank when we have world-class banks around us (and I don't see them giving any special kind of banking aside what we're having already)...not with all the while they're giving us with their network
They should make their call and data tariff more friendly before thinking about banking. I fear what MTN bank charges would be like

1 Like 1 Share

Re: MTN Gets Approval For Momo Bank In Nigeria As It Diversifies Into Banking by sigiyaya(m): 12:56pm On Apr 11, 2022
nero2face:
MTN succeeded in Nigeria bcuz they were the first telecommunication company, no reasonable Nigeria will prefer to bank with their so called bank when we have world class banks around us (and I don't see them giving any special kind of banking aside what we're having already)...not with all the wahala they're giving us with their network
World class banks in Nigeria?? The way u guys will just stay in a shit hoe Nigeria and be talking rubbish is amazing.

1 Like 1 Share

Re: MTN Gets Approval For Momo Bank In Nigeria As It Diversifies Into Banking by alabi484(m): 12:57pm On Apr 11, 2022
PENNYSWAP:


It’s in circulation since January and it’s just 4K naira to get one

Oh nice, yet to get it here in North Central, I registered for it and it's free sha

2 Likes 2 Shares

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