Articles, News And Events
Selection of our best topics in the blog.
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...
Association Decries Fraud By ‘Umbrella’ Agents As PoS Transactions Hit N6.05trn
The Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) has decried the activities of ‘umbrella’ agents, which allegedly allowed fraudulent transactions. The Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) has decried the activities of ‘umbrella’...
Sanwo-Olu Bags AMMBAN Award For Financial Inclusiveness
Lagos State Governor, Mr. Babajide Sanwo-Olu has received an award from the Association of Mobile Money & Bank Agents in Nigeria (AMMBAN) in recognition of his unflinching commitment to financial inclusiveness and the creation of an enabling environment for Fintechs...
Nigeria’s PoS transactions rise 24% in nine months
Within a period of nine months (January-September), the volume of Point of Sales (PoS) transactions in Nigeria has increased by 24.3 percent, an indication that more Nigerians are going cashless. BusinessDay analysis of the data from the Nigeria Interbank Settlement...
AMMBAN 5th Annual Conference
