MTN Nigeria Launches Mobile Money Agent Service

A subsidiary of MTN Nigeria began offering mobile money transfers through its agent network, weeks after receiving clearance from regulators to launch the service.

In a press conference held on 29 August the operator’s subsidiary Yello Digital Financial Services, which runs the service under license from the country’s central bank, announced the "Super Agent Network" was available for users. MTN Nigeria’s general manager of financial services Usoro Usoro said the use of the agent network aimed to "solve financial exclusion across Nigeria".