MTN backs bank-led m-money


MTN Nigeria, has expressed its support for the Central Bank of Nigeria's (CBN) bank- led mobile money model .
It will be recalled that the CBN recently licensed a number of financial institutions to carry out mobile money services with the objective of providing easy money transfer services using mobile phones and enhance financial inclusion particularly in rural areas.

Speaking at a capacity building seminar recently, MTN's Corporate Services Executive Akinwale Goodluck, stated that the CBN bank - led model has many merits and that it's full implementation would achieve the CBN's stated objective to extend money transfer services to millions of Nigerians who are currently underserved.

' We are supportive of any initiative that brings financial inclusion to the masses and the Central Bank's efforts in this regard are highly commendable'. Explaining the details of the CBN's bank led model, he observed that the partnership between licensed organizations and telecommunications companies is a winning combination.

He said 'the current partnership between banks and telcos in the mobile money space leverages available cutting edge ICT technology offered by telcos and best practice payment protocols and expertise supervised by the CBN.'

During the seminar, participants gained a better understanding of the details of the CBN guidelines and discussed various ways in which MTN could offer tangible backbone and logistical support to licensed organizations.

In his closing remarks, Goodluck remarked that as the leading ICT company, MTN's greatest responsibility to its customers and to Nigeria is to provide world class quality of service in order to support a multitude of products and services. He observed that MTN Nigeria had already built the largest and most sophisticated network in Africa.

He remarked ' the world today is heavily dependent on ICT. Our future success as a company depends on how well we support services like mobile money'.

24 yrs boy started importation with N10,450. Read his story here!

Men, forget Viagra. Use these to increase your manhood size & strength

How to start a profitable importation biz with as low as N10,000 only

How watermelon made a Benin boy over N1,000,000 in 73days

Superb premature ejaculation spray. You 'll last 30minutes+

How to earn 40k-200k monthly from football matches almost on autopilot

3 Things I did to cure premature ejaculation after my wife left me

Small manhood and premature ejaculation limited my performance for 4yrs!

7 Simple yet amazing steps to earn over N200,000/monthly. Click here

How to get flat belly in just 9 days. Click here!

Earn N50,000 extra every weekend predicting football matches... Click here!

Click here now if you are interested in earning at least N7,500/daily

How a young Nigerian generate over N1,000,000/month via digital marketing

Generate as much as 150k-250k profit from your football betting investment

Incredible special offer! Amazing business that earns you N200,000/month

Exposed! How 23yrs Ijebu boy makes N270,000 with Facebook. Read story!

Work from home and get paid at least $1000 weekly!

Secret Online Business that pays you N25,000 weekly income exposed!

How we make N300,000 every 6weeks selling 10k catfish fingerlings at N30 each

Free e-book reveals how to get visa easily. Click here!


About Author

Leave A Reply