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Nigeria’s CBN endorse UBA, Stanbic IBTC, GTBank 11 others for Mobile Money

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SanusiBy InvestAdvocate

Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) has endorsed the United Bank for Africa Plc (UBA), Guaranty Trust Bank Plc (GTBank), Stanbic IBTC and 11 other Mobile Money Firms.

A Source close to InvestAdvocate made the list of the Company’s available via e-mail.

The 11 other Mobile Money Companies approved by the CBN include, ENL, Paga Tech, M-Kudi,   E-Transact, MTN and Monitise.

Others are Ecobank, Fortis MFB, Afripay, Funds Electronic Transfer (FET) and Paycom.

As at the time of filling in this information, no other details was obtained as regards the above information.

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