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Banks Reconnect MTN To Online Banking

Following the disconnection of MTN customers from online banking channels, including the Unstructured Supplementary Service Data and banking apps.

It has been made known on Sunday that commercial banks have reconnected MTN customers to banking channels.

According to reports, the Minister of Communications and Digital Economy, Isa Pantami and the Governor of the Central Bank of Nigeria, Godwin Emefiele intervened in the matter.

The banks made it known that the blockade was due to reduced  banks’ commission from an average of 3.5 per cent to 2.5 per cent.

The banks have revealed that MTN should revert to the old commission, otherwise, they would block MTN airtime in all their channels.

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Esther Ifeoluwa

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