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MTN Sets To Launch Mobile Banking To Boost Profit After $1.7b Fine In Nigeria

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MTN-1The new Chief Executive Officer of South Africa’s MTN, Rob Shuter, has been brought in to boost profits at Africa’s biggest mobile phone group after a $1.7 billion fine in Nigeria, by persuading its 200 million clients to use their handsets to store money and pay bills. But the hunt for returns by the outsider,

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