Finance, Fintech & Wealth Insights

  Dikanons Finance | Fintech MTN MoMo just reported something worth paying attention to. Its core mobile money revenue more than doubled, while customer wallet balances increased more than fourfold. But there is another part of the story. MTN moved MoMo PSB to a new Alipay+ platform in August 2026, and its reported monthly active users are now measured on that platform only. So, what is driving the revenue growth? Does it mean more people are using MoMo? And what should you understand if you use MoMo, OPay, Moniepoint or a traditional bank app? Let's break down the figures and explain what they mean for your money.   What MTN MoMo Reported in Q3 2026 According to MTN Nigeria's Q3 2026 financial results , core mobile money revenue increased by 102.2%. Here are the important figures: Metric MTN's reported performance Core MoMo revenue Increased by 102.2% Customer wallet balances More than quadruple...

  Dikanons Finance | Business Finance A business making a profit is generally a positive sign, but it also creates an important financial decision for the owner: how much of that profit should go back into the business? You may want to purchase more inventory, replace old equipment, hire additional staff, improve your technology or invest in marketing. At the same time, the business has bills to pay, suppliers to settle, employees to compensate and other financial commitments to meet. You may also need to earn an income from the business. So, how much business profit should you reinvest? There is no single percentage that works for every business. The right amount depends on the business's cash position, operating expenses, outstanding obligations, reserve requirements and the opportunities available for growth. In my view, one of the mistakes business owners can make is treating profit as money that is automatically available for spending. A business may report a healthy...