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MTN Nigeria’s 10.7 million Active subscribers boost fintech ambition

Ahead of the launch of its payment service bank (PSB), MTN Nigeria says it has seen the number of active subscribers on its fintech platform rise by 6.2 million to 10.7 million people year-on-year. The telecommunication company (telco) said it added 1.3 million fintech subscribers and 166,000 active mobile money (MoMo) agents in the first three months of 2022. “Our existing MoMo business…
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Technology

TikTok Introduces Revenue-Sharing For Content Creators

TikTok on Wednesday announced an ad revenue-sharing program with the social media platform’s most prominent creators, moving closer to a model already used by its competitors. The short-video format app has become wildly popular in recent years with more than a billion…