Nigeria's United Bank of Africa gets mobile banking licence.

By bne IntelliNews December 1, 2010
Nigeria's United Bank of Africa (UBA) has received approval from the Central Bank of Nigeria to deploy mobile banking on its platform, ITNewsAfrica reported. The central bank has approved the license for UBA to deploy mobile banking, Philips Oduoza, UBA Group CEO, was quoted as saying. We will roll it out very soon and it will basically be to promote retail banking, the executive noted. UBA has over 700 branches in Nigeria and runs operations in 19 African countries.

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