Ralph Mupita-led MTN Group moves to acquire 60% stakes in MTN Nigeria's MoMo and Y'ello Digital for N95 billion

Billionaires Africa | 29.04.2026 16:23
Ralph Mupita-led MTN Group is tightening its grip on its Nigerian fintech operations. The South African telecoms giant has announced plans to acquire 60% stakes in both MTN Nigeria's MoMo Payment Service Bank and Y'ello Digital Financial Services for a combined N95.5 billion.