18 November 2008
The leading telecommunications company, MTN Nigeria, has signed an agreement for the provision of wide Area Network(WAN) solutions to support 21 Central Bank of Nigeria (CBN) branches across the country.
A statement from MTN said the company recently signed agreements providing similar services, with FCMB and GT Bank.
"The wide area network solution provided by MTN should assist the CBN for effective and efficient communication infrastructure, real time connectivity and as part of achieving CBN financial system strategy (FSS)2020," it said.
It said the wide area network data solution will bring a host of benefits to CBN in terms of cost effectiveness, improving the quality and speed of data network within Central bank organization.
It will be recalled that MTN Nigeria is the largest telecommunications company in Nigeria with coverage in over 200 towns, and more than 10,000 villages and community across the 36 states of the federation. MTN has built in excess 3,400 base stations in Nigeria, and its 3,600 fiber optics is the largest private infrastructure of its kind in Africa. The company is poised to consolidate its achievements in telecommunications by offering superior products and services.
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