MTN Nigeria gets CBN recognition


The Central Bank of Nigeria has recognised MTN Nigeria as the ‘Telco Partner of the Year’ at the 2019 Electronic Payments Incentive Scheme Efficiency Awards.

In a recent statement, note the annual EPIS was designed to recognise, incentivise, reward and encourage high-performing stakeholders in Nigeria’s payment space, with the objective of driving innovation as well as improving performance and efficiency across the value chain.

It added that the award was organised by the Nigeria Inter-Bank Settlement Systems (NIBSS) in collaboration with the CBN.

During the 2019 event which was held in Lagos, the ‘Telco Partner of the Year’ award was presented to MTN Nigeria by the Deputy Governor, CBN, Adebisi Shonubi, in appreciation of the Information and Communications Technology company’s outstanding contribution towards the development of innovative payment channels in 2018.

Speaking on the award, General Manager, Mobile Financial Services, MTN Nigeria, Usoro Usoro, said the company was pleased to have been recognised by the apex bank for its immense contributions to government’s cashless policy.

According to Usoro, “As a technology company and partner in the development of Nigeria’s economy, MTN will relentlessly continue to innovate and proffer solutions to help the CBN simplify the country’s payment system, reach the unbanked and underbanked, and enable Nigerians to access a better quality of life.”

“The award marks the second consecutive year the ICT company will be recognised by the CBN as ‘Telco Partner of the Year,’ adding to the increasing number of accolades received by the telecommunications giant in recent times,” the statement read further.


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