Blog – Page 2

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...

January 21, 2023

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.

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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...

December 25, 2022

AMMBAN Blames Operators for Proliferation of Unlicensed POS Agents

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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...

November 29, 2022

Association Decries Fraud By ‘Umbrella’ Agents As PoS Transactions Hit N6.05trn

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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’...

November 29, 2022

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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...

November 29, 2022

Nigeria’s PoS transactions rise 24% in nine months

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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...

October 25, 2022

AMMBAN EDO STATE CHAPTER HOLDS ARE FIRST SYMPOSIUM

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AMMBAN EDO STATE CHAPTER HOLDS ARE FIRST SYMPOSIUM

Edo State Chapter of the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) on Thursday 29th September, 2022 got the support of the Central Bank of Nigeria, The Nigeria Police Force and the Traditional Institution to further consolidate...

October 13, 2022

FINANCIAL INCLUSION: LASRRA TO PARTNER WITH AMMBAN

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FINANCIAL INCLUSION: LASRRA TO PARTNER WITH AMMBAN

The Lagos State Residents Registration Agency (LASRRA) says it is ready to work with the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) in a bid to protect Lagos Residents from fraudulent activities faced by Point of Sale...

September 22, 2022

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AMMBAN Meets with Officials of the Central Bank of Nigeria

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.

AMMBAN Blames Operators for Proliferation of Unlicensed POS Agents

Association Decries Fraud By ‘Umbrella’ Agents As PoS Transactions Hit N6.05trn

Recent Articles

AMMBAN Blames Operators for Proliferation of Unlicensed POS Agents

Association Decries Fraud By ‘Umbrella’ Agents As PoS Transactions Hit N6.05trn

Sanwo-Olu Bags AMMBAN Award For Financial Inclusiveness

Nigeria’s PoS transactions rise 24% in nine months

AMMBAN EDO STATE CHAPTER HOLDS ARE FIRST SYMPOSIUM

FINANCIAL INCLUSION: LASRRA TO PARTNER WITH AMMBAN

AMMBAN 5th Annual Conference

Recent Posts

AMMBAN Launches Agent Joint Task Force To Tackle POS Operations Illegalities

CBN To Withdraw N5trillion From Access, UBA, GTB, Zenith, Others’ Account, Gives Reasons, Agendum

AMMBAN FLAGS OFF NEIGHBOURHOOD FINANCIAL INCLUSION CENTRE IN NASARAWA

AMMBAN Launches Agent Joint Task Force To Tackle POS Operations Illegalities

CBN To Withdraw N5trillion From Access, UBA, GTB, Zenith, Others’ Account, Gives Reasons, Agendum

AMMBAN FLAGS OFF NEIGHBOURHOOD FINANCIAL INCLUSION CENTRE IN NASARAWA

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