Articles, News And Events
Selection of our best topics in the blog.
Recent Articles
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...
AMMBAN Meets with Officials of the Central Bank of Nigeria
On Monday, January 16th, 2023, the National team of the Association of Mobile Money and Agent Banking Operators of Nigeria (AMMBAN) paid a courtesy visit to the Central Bank of Nigeria (CBN) to discuss concerns related to the mobile money...
THE NEW CBN CASH POLICY: AMMBAN MOVES THE NATIONAL SECRETARIAT TO ABUJA TEMPORARILY, ENGAGES THE CBN, SENATORS, HOUSE OF REP MEMBERS AND OTHER CRITICAL STAKEHOLDERS.
The National Executive, Leaders and other members of AMMBAN converged on Abuja in furtherance to the series of engagement with critical stakeholders to seek for redress of the recent cashless policy released by the CBN. You’ll recall that in the...
AMMBAN Blames Operators for Proliferation of Unlicensed POS Agents
The Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) has blamed operators in the financial services ecosystem for the proliferation of unlicensed point of sale terminal (POS) agents also known as ‘umbrella’ agents, which, according to them, has...