Business
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Nairametrics
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MTN Nigeria to sell 60% of MoMo PSB, YDF to MTN Group
MTN Nigeria is set to divest a 60% stake in its financial services subsidiaries, MoMo Payment Service Bank and Yellow Digital Financial Services, to the MTN Group. This strategic realignment aims to transfer majority ownership of these units to the parent company while maintaining a minority interest in the local operations.
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