Business
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BusinessDay
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MTN Nigeria to sell majority stake in MoMo PSB and Y’ello Digital for ₦95.5bn
MTN Nigeria has announced plans to divest a majority stake in its mobile money unit, MoMo Payment Service Bank, and Y’ello Digital Financial Services for ₦95.5 billion. This strategic move involves the telecommunications giant transferring majority control of these digital and financial subsidiaries while maintaining its presence in the Nigerian market.
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