MTN Nigeria received approval from the Central Bank of Nigeria on Monday to operate Mobile Money (MoMo). MTN Nigeria’s Mobile Money (MoMo) service has more than 9-million users since it launched in 2019. According to TechCabal, the approval means that MTN Nigeria will be able to provide all the services offered by conventional commercial banks virtually, with the exception of granting credit and processing foreign exchange transactions. “We are grateful to the CBN for granting the final approval to commence the operations of MoMo PSB, which is an important milestone for our Ambition 2025 strategy. We are excited about the opportunity for MTN Nigeria to support the CBN and the Federal Republic of Nigeria in fulfilling the agenda of driving financial inclusion in Nigeria,” MTN Group CEO Ralp...
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Image sourced from Pixabay Broadcasters, content creators, and online streaming service platforms in Kenya will start classifying content under new regulations meant to keep up with increased production. According to Business Daily, commercial TVs and radios will review 70 percent of the content aired for age appropriateness to show if it’s good for watching from a certain age, with the Kenya Film and Classification Board (KFCB) reviewing the other 30 percent. This will target pre-recorded shows like movies, advertisements, and telenovelas. Netflix, Showmax, and Amazon will also review 70 percent of their movies and add KFCB’s age-appropriate symbols. “Classification of one-day content can take one week and we are not able to keep up. So the involvement of the industry is to ensure complia...
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