MTN Nigeria has proposed to merge its payment firm, Momo Payment Service Bank Limited and its digital arm, Yello Digital Financial Services Limited (YDFS).
This was disclosed in a document titled; EXPLANATORY NOTES TO THE RESOLUTIONS TO BE PROPOSED AT THE 2023 ANNUAL GENERAL MEETING (AGM)”
In the document obtained by Ripples Nigeria on Friday, MTN Nigeria appealed to the company’s shareholders to vote in favour of the motion for the merger at their Annual General Meeting (AGM) to be held on Tuesday, April 18, 2023.
