UPDATE 1-MTN Nigeria launches money transfer service [Reuters]
MTN GROUP LTD S/ADR (MTNOY)
NASDAQ:AMEX Investor Relations:
investors.vailresorts.com/investor-relations
Company Research
Source: Reuters
UPDATE 1-MTN Nigeria launches money transfer service - Reuters 2 Min Read (Adds details) By Chijioke Ohuocha LAGOS, Aug 29 (Reuters) - Nigeria’s biggest telecoms firm MTN has launched a mobile money transfer service, targeting those without bank accounts, and said on Thursday it plans to become a payment services bank once it obtains approval from the central bank. The success in east Africa of M-Pesa, the mobile money unit of Kenya’s Safaricom, has convinced investors and the industry that financial services are the next growth area for the telecoms sector, where prices for basic services are falling. Nigeria said last year it would allow telecom companies to provide banking services, aiming to give millions of Nigerians without bank accounts access to mobile money services. MTN Nigeria was awarded a licence by Nigeria’s central bank in July to provide financial services. Majority owned by South Africa’s MTN Group, the company runs Nigeria’s biggest mobile phone network serving aroun
Show less
Read more
Impact Snapshot
Event Time:
MTNOY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MTNOY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MTNOY alerts
High impacting MTN GROUP LTD S/ADR news events
Weekly update
A roundup of the hottest topics
MTNOY
News
- Old Mutual to Open New South African Bank in 2025 [BNN Bloomberg (Canada)]BNN Bloomberg
- MTN Group (JSE:MTN shareholders incur further losses as stock declines 7.8% this week, taking three-year losses to 26% [Yahoo! Finance]Yahoo! Finance
- Nuran Wireless Reports Second Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance