Broadcasting
MoMo Bill Payment: What it is and why to use it

Payments are a necessity for both individuals and businesses. The need to make payments is perhaps the one thing all customers have in common. Daily, individuals and businesses pay utility bills such as electricity, cable tv and mobile subscriptions.

While most people prefer cash payments, it is not a practical option. Nonetheless, even credit cards have their limitations. How many times have you completed a transaction, handed over your card to pay, and received the message “Declined” Or “network unavailable”?
This is why MoMo Bill Payment has simplified a lot of bill services for you! So, instead of carrying cash around or stressing over credit cards, you can simply pay bills using the MoMo PSB app or USSD code. MoMo Bill Payment services are convenient and efficient, with features guaranteed to keep your funds secure.
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To further help you understand what MoMo Bill Payment is, and how it works, this article has all the information you need. Let’s get started!
What is MoMo Bill Payment?
MoMo Bill Payment is one of the convenient services offered by MoMo PSB, a mobile banking platform that offers financial solutions to merchants, fintech companies, banks, financial institutions, digital service providers and other organisations. It offers an easy, safe and inexpensive way to ensure that all your bills are paid from the comfort of your homes or offices.
MoMo Bill Payment allows customers to carry out transactions such as renewing subscriptions, buying prepaid electricity, travel bills, school fees, making payments through MoMoPay and collections, and so much more. The goal of MoMo Bill Payment is to drive financial inclusion in Nigeria, by providing safe and accessible money transfer services to millions of unbanked and underserved Nigerians.
With MoMo Bill Payment, you can:
- Renew subscriptions with ease: Payment of subscription bills like DSTV, GOTV and Star times, has now become simple and easy for MoMo PSB customers.
- Purchase Electricity Units: With MoMo, paying electricity bills has become relatively easier. All you have to do is log in, supply your metre number and pay for specified units, all within minutes!
- Make Payment through MoMoPay: This enables merchants to receive payment for goods and services using Mobile Money Payment services.
- Make Payments through Collections. Enable remote collection of bills, fees or taxes.
Why MoMo Bill Payment?
- It is convenient: With MoMo Bill Payment, you have all the tools needed to manage and make bill payments, at both individual and business levels. From the convenience of just one app, paying your bills is super easy. You can conveniently pay electricity, cable TV, betting, and loan collection bills to specific vendors. This also saves you time with all your bills appearing in one place rather than logging into multiple websites or apps.
- Super easy to use: You can sign up quickly and start making bill payments in just 15 minutes. MoMo Bill Payment’s APIs are seamless, uncomplicated, and currently optimizable to give you the best experience.
- Keep your funds secure: With online banking, it is only normal to be skeptical. However, MoMo Bill Payment is committed to safeguarding the information and funds of its customers, from malicious actors. It makes use of the best security protocols to keep your transactions secure, information safe and data hidden during transactions. This is achieved through the activation of security measures such as real-time monitoring, and advanced data privacy tools.
- Promotes financial inclusion: MoMo Bill Payment makes use of technology and agency banking to mobilise bill payments and transfers from unbanked consumers in rural regions and any other location in Nigeria. That is, it makes it easy for people in rural and remote areas of the country who remain excluded from the financial system, to easily pay bills.Get to know about other MoMo PSB product features:MoMo Business
MoMo Agents
MoMo Homeland
MoMo API
Why hassle with payments when you have MoMo Bill Payment?
Get started, by dialling *671# on any network to open a MoMo wallet and pay your bills. You can also pay at any MoMo Agent Outlet. MoMo PSB is poised to enable millions of unbanked and underserved Nigerians to access a wide range of financial service products.
Interested in finding out more about MoMo Bill Payment? Visit our website at MoMo.mtn.com to create an account, and Follow @momopsb on all platforms to stay updated.
Broadcasting
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Broadcasting
BON Establishes Six Ad Hoc Committees to Modernize Broadcasting

Broadcasting Organization of Nigeria (BON) has established six committees to help strengthen and modernize the country’s broadcasting industry.

The committees will focus on content creation, skills development, digital transformation, sustainability, policy and commercial opportunities
The initiative aims to support industry growth and improve collaboration between broadcasters, regulators and media experts
The official launch recently, was led by Tony Akiotu, president, BON and attended by media professionals, program directors, former journalists and heads of specialized media organizations.
The event brought together several prominent figures in Nigeria’s media industry, including veteran broadcaster and trainer Bimbo Oloyede, Tony Uyah of M4S TV, Kingsley Uranta of Channels Television, Ismael Sani of Platinum TV and Ibrahim Shehu of Trust TV.
Together, they are expected to help drive innovation and support the growth of Nigeria’s broadcasting sector.
According to Akiotu, the committees are intended both to help shape industry policy and to provide a forum for dialogue between BON and broadcasting experts.
Akiotu said the ad hoc committees were intended to strengthen BON’s work and ensure that the umbrella body for Nigeria’s broadcasters played a more direct and meaningful role in developing the country’s broadcasting sector.
The six committees reflect the sector’s main priorities. The first focuses on collaboration and innovation to promote content creation.
The second is dedicated to training and talent development, while the third focuses on industry sustainability by improving the sector’s long-term financial viability.
A fourth committee will focus on digital transformation and work with the National Broadcasting Commission (NBC) on regulatory issues.
The remaining two committees will oversee public policy advocacy and the development of sports and commercial rights to help broadcasters increase revenue and attract more investment. Together, the committees are expected to guide BON’s efforts to modernize and strengthen Nigeria’s broadcasting industry.
The committees, chaired by members of BON’s General Assembly and supported by the organization’s Secretariat, have an initial 12-month mandate that may be renewed if necessary.
They are required to submit a progress report within three months and implement approved recommendations within the following six months.
The arrangement is intended to ensure close oversight and the timely implementation of their work.
Akiotu also reminded committee members that Nigeria pioneered television broadcasting in Africa and urged them to carry out their work with greater effectiveness and efficiency.
Broadcasting
NELFUND Investigates 34 Universities Over Students’ Missing Tuition Refunds

Nigerian Education Loan Fund (NELFUND) says it is investigating about 34 tertiary institutions over allegations that they failed to refund students whose tuition fees were paid twice under the Federal Government’s student loan scheme.

The Managing Director of NELFUND, Mr Akintunde Sawyerr, disclosed this during an interview on Arise Television.
Sawyerr said the agency had deployed a five-member investigative team, including operatives of the Economic and Financial Crimes Commission (EFCC) and internal auditors, to examine the allegations.
According to him, the investigation was prompted by numerous complaints received from affected students.
“As of right now, there are 34 institutions that we are looking at closely with respect to this issue,” he said.
Sawyerr explained that the double payment issue arose because President Bola Tinubu directed that the student loan scheme commence in the middle of an academic session instead of at the beginning.
He said the decision compelled many students to pay their tuition fees to meet registration deadlines while awaiting approval of their loan applications.
“What happened is that a lot of schools got double payment; some from the students and some from us,” he said.
“The refund process is entirely out of our hands. It is the recipient of the double payments that is obliged to make refunds to the students.”
The NELFUND boss noted that many students had borrowed money from family members, friends and other sources to pay their tuition with the expectation of receiving refunds once the loans were disbursed.
He said while some institutions had promptly refunded affected students, others had failed to do so.
“Some have been very good at this. Others haven’t been so good at it,” Sawyerr said.
“I reserve judgement on the intentionality around it because, for some of them, they just didn’t have the process to make refunds.”
Sawyerr disclosed that NELFUND was exploring a tokenised payment system that would enable students to authorise tuition payments directly to their institutions, thereby reducing the likelihood of duplicate payments.
He said the agency deliberately chose not to disburse tuition loans directly to students to minimise the risk of fund diversion.
“Paying the funds to the students could really lead to the temptation for them to divert and do other things,” he said.
The managing director, however, acknowledged that NELFUND lacked the statutory powers to compel institutions to refund students or prosecute officials found culpable.
He added that many frustrated students had submitted complaints not only to NELFUND but also to anti-corruption agencies, including the EFCC and the Independent Corrupt Practices and Other Related Offences Commission (ICPC).
Sawyerr also expressed concern over increases in tuition fees by some institutions following the introduction of the student loan scheme.
He said NELFUND had declined to pay institutions that increased their tuition fees beyond acceptable levels.
“Some schools, because they get paid easily, started to put up their fees. We refused, point blank, to pay institutions who had hiked their fees beyond a certain level,” he said.
He reaffirmed the agency’s commitment to investigating every reported irregularity and strengthening the implementation of the student loan programme through continuous monitoring and internal reviews.
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