Telecoms’ proposed launch of Payment Service Banks: How it will impact existing banks

In this audio, Abayomi Obabolujo with Mallam Garba Kurfi and Aruna Kebira in a stock market review discussed the about the proposed Payment Service Banks of MTN and Airtel Africa.

  • MTN and Airtel Africa gets Approval in Principle from the Central Bank of Nigeria (CBN) to launch Payment Service Banks
  • How will the entry of MTN and Airtel into the financial market affect existing Banks?
  • What happens to investment in bank stocks on the Nigerian Exchange at the entrance of telecoms into financial space?
  • Possibilities in MTN, Airtel and banking stocks.

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