MoMo Payment Service Bank Limited (MPSBL), a subsidiary of MTN Nigeria, has sued 18 Nigerian banks over N23 billion worth of transactions involving their customers – a case some analysts said may change the controversial norm in the Nigerian banking industry. MoMo said the N23 billion belonging to its customers was erroneously transferred into about … Continue reading MTN MoMo Sues 18 Nigerian Banks Over N23bn ($55m) Customers’ Fund Lost in Erroneous Transactions