We help SMSBs grow while driving financial inclusion.

Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) has been incorporated to help facilitate, organize and speed-up agents’, operators’ and regulator’s effort towards the financial inclusion policy of the Federal Government of Nigeria.

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We are driven by a common goal.

To be the focal point and No.1 driver of financial inclusion in Nigeria by providing excellent service and delivering value to Nigeria’s financially vulnerable and excluded population.

To operate as a web of agent-network spread across the federation, with a robust database and reliable infrastructure; aimed at facilitating collaboration and creating the required synergy and market stimulation; and also protecting our business interest, with the quintessential goal of being a set of formidable players in the nation’s financial inclusion drive.

To improve the capacity of agents across the Country through training, communicating changes in the evolving new sector, integrating best practices, and employing aggressive approaches to onboard new and existing agents in the country.

To see a considerable percentage (70%) of mobile subscribers in Nigeria carry-out one form of financial transaction or the other via their mobile wallet by year 2020.

The Financial Services for Everyone Ericsson ConsumerLab report, which looked at five countries: Angola, Democratic Republic of Congo, Ghana, Nigeria and Uganda reveals 63 per cent of respondents are unbanked, and 52 per cent use mobile money through agents.

Against this backdrop AMMBAN is championing the ‘Project #10million campaign.  At AMMBAN, we believe that agents have a vital role to play in driving financial inclusion and literacy in the country by way of signing up new mobile wallets and educating subscribers. It is expected that each agent outlet registers a minimum of 5 new mobile money accounts monthly. In 24 months, each agent would have registered an average of 120 new mobile money wallets, this multiplied by 100,000 agents spread across the Country would give over #10million new accounts thereby exceeding our target.

With support from stakeholders and industry players, we believe that ‘the Project 10million’ is attainable within the specified time frame.

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Agents in Nigeria

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Transactions Every Year

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Money Transferred Yearly

Association of Mobile Money and Bank Agents in Nigeria

AMMBAN is an engineered approach to widen and deepen financial inclusion and to take cashless transactions and e-payments to the grassroots in order to enable mobile phone users make payments, do transfers, buy airtime, pay utility bills such DSTV, GOTV, PHCN, pay expressway tolls and conduct any such financial transaction without cash exchange, but through their mobile phones/wallet.

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Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) is duly registered with the Corporate Affairs Commission (CAC/IT/NO 83666), with state chapters spread across the 36 states of the federation. Our focus as an association cover four (4) broad areas, namely;

Mobile Money
Agent Banking
Fraud & Security
Advocacy & Awareness
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These shared interests are achieved through interaction, collaboration and synergy with players in the industry on matters related to financial inclusions, strategy, security, fraud and agency network integrity.

AMMBAN represents the common interest of its members

We are committed to work closely with Telecommunication Companies, Mobile Money Operators, Financial Institutions, Regulators, Government and other stakeholders to stimulate financial inclusion for the unbanked and under-banked individuals and businesses that are enthusiastic about the 21st Century relevance of mobile technologies geared at initiating and concluding personal and business transactions.

We use our web of dedicated members across the country to drive policy implementation and specific business objectives of operators and institutions needing penetration, to effectively propel tangible, linear growth of Mobile Money users in Nigeria and Africa.

AMMBAN
EXCO team

Fasasi Sarafadeen Atanda
Fasasi Sarafadeen Atanda

National President

Otti Obioha
Otti Obioha

Vice President 1

Adeyemo Yusuf
Adeyemo Yusuf

Vice President 2

Elegbede Oluwasegun
Elegbede Oluwasegun

National General Secretary

Shaibu Ademu
Shaibu Ademu

Financial Secretary

Ogungbayi Olajide
Ogungbayi Olajide

PRO 1

Abdulrahman Aliyu
Abdulrahman Aliyu

Treasurer

Michael Oladele
Michael Oladele

National Programme Director

Charity Ayomide
Charity Ayomide

Assistant General Secretary

Ogwunte Thomas Erasmus
Ogwunte Thomas Erasmus

Assistant PRO

Quadri Olukunle
Quadri Olukunle

Chief Aggregating Officer

Arominure Timothy
Arominure Timothy

Internal Auditor

Hussaina Ibrahim
Hussaina Ibrahim

Welfare Director

Olubukola Adewale-Adeleke
Olubukola Adewale-Adeleke

Assistant Welfare Director