Articles, News And Events
Selection of our best topics in the blog.
Recent Articles
Moniepoint , Opay, Kuda And Others To Resume The Enrollment Of New Customers, Cardoso, CBN Boss Confirms
The Central Bank of Nigeria (CBN) has revealed that mobile money operators, which includes fintech companies like OPay, Palmpay, Kuda Bank, and Moniepoint, will soon start registering new customers again. This decision was announced by CBN Governor Olayemi Cardoso during...
Industry Regulations And Their Burden on POS Operations in Nigeria: An Analysis By The AMMBAN President, Mr. Sharafadeen Fasasi
In the recent conversation between the Channels TV Host and AMMBAN President discussed the challenges and regulations faced by POS operators in Nigeria. The key points include: -The mandatory CAC registration for POS operators is seen as unnecessary for some...
AMMBAN Launches Agent Joint Task Force To Tackle POS Operations Illegalities
Association of mobile money and bank agents in Nigeria (AMMBAN) has announced a crackdown on illegal and unauthorized point of sale (POS) terminal operations in the Country, signalling a departure from the norm, National President of AMMBAN, Sharafadeen Fasasi Atanda,...
CBN To Withdraw N5trillion From Access, UBA, GTB, Zenith, Others’ Account, Gives Reasons, Agendum
– The CBN has once again announced its intention to mop up excess liquidity in the banking sector – The apex bank’s plans to reduce money supply in the economy to tackle inflationary pressures – The CBN occasionally mops up...
AMMBAN FLAGS OFF NEIGHBOURHOOD FINANCIAL INCLUSION CENTRE IN NASARAWA
The Association of Mobile Money and Bank Agents in Nigeria AMMBAN has officially launched her Neighbourhood Financial Inclusion Centres on Friday, March 1st 2024 in Karu, Nasarawa state. This is coming as banks are currently pushing their customers to link...
CBN Includes Mobile Money and Bank Agents in the new naira notes distribution.
The Central Bank of Nigeria (CBN) has swiftly responded to the requests of the Association of Mobile Money and Bank Agents of Nigeria (AMMBAN) by issuing a circular to include mobile money operators, mobile money agents, Super Agents and agents...