30 results
- 20 Mar 2022
AMMBAN Seeks Enforcement of CBN Guidelines in Tackling Abuses of Agency Banking
The Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) has called for more cohesive collaboration among stakeholders in the mobile money and agency banking sector in a bid to sanitize…
- 26 May 2024
AMMBAN Decries Mandatory CAC Registration of POS Agents
Association of Mobile Money and Bank Agents of Nigeria (AMMBAN) has decried the directive coming from the Corporate Affairs Commission mandating all Point Of Sale (POS) agents to register with the…
- 20 Nov 2022
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…
- 8 Aug 2021
AMMBAN 2021 Conference to Explore Framework to Sustaining Financial Inclusion Gains
This year’s Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) conference will be exploring suitable framework to sustain gains achieved in the financial inclusion initiative of the…
- 2 Oct 2019
Voting Opens in AMMBAN 2019 Awards
Voting in this year’s Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) awards has opened. Stakeholders in financial inclusion ecosystem can cast their votes through…
- 28 Jul 2020
AMMBAN Decries Illegal Taxes on Mobile Money & Bank Agents by Local Govt. Councils
Association of Mobile Money and Bank Agents of Nigeria (AMMBAN) has frowned at intimidation, disruptions and molestation of its members across the country by local government councils/LCDAs officials…
- 10 May 2026
PAFON 3.0: Agency Banking Key to Reaching Millions of Unbanked Nigerians – AMMBAN
Dr. Obioha Oti, National President of the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN), has described agency banking as Nigeria’s most critical last-mile channel for achieving…
- 18 Jul 2021
AMMBAN Decries Agency Banking Abuse in the Financial Inclusion Policy
Association of Mobile Money and Bank Agents in Nigeria (AMMBAN ) has frowned at none compliance and monitoring of activities of agents deployed on the financial inclusion programme of Central Bank of…
- 10 Sept 2024
AMMBAN Berates CAC Over Plans to Enforce POS Operators’ Registration
Association of Mobile Money and Bank Agents of Nigeria (AMMBAN) has berated the Corporate Affairs Commission (CAC) over its move to enforce the directive that point of sale (POS) terminal operators…
- 5 Jan 2024
AMMBAN Plans to Create 500,000 Jobs Across Nigeria
The newly elected president of the Association of Mobile Money and Banking Agents in Nigeria (AMMBAN) Fasasi Sarafadeen Atanda, has pledge the associations commitment to support the government of…
- 25 Sept 2019
AMMBAN Decries CBN Directive Mandating Stamp Duty on POS Transactions Above N1,000
The Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) has expressed concerns over the introduction of stamp duty on single count point of sale (POS) transactions above N1,000 by the…
- 19 Nov 2021
AMMBAN to Unveil Task Force on PoS Operators' Activities
The Association of Mobile Money and Bank Agents in Nigeria (AMMBAN), said it has concluded plans to set up a task force to regulate Point Of Sale terminal (PoS) activities in order to check…
- 2 Jan 2024
AMMBAN seeks More Synergy with CBN, other Banks Over Cash Scarcity
The Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) has called on the Central Bank of Nigeria and other commercial banks in the country to collaborate more with members of the…
- 7 May 2024
AMMBAN Decries CBN Directive on CAC Registration of PoS Operators
Association of Mobile Money and Bank Agents of Nigeria (AMMBAN) has frowned at the recent directive by Central Bank of Nigeria that Point of Sale terminal operators should register with Corporate…
- 31 Aug 2025
AMMBAN Faults CBN’s 60-day Deadline on PoS Geo-Tagging
The Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) has expressed concern over the Central Bank of Nigeria’s (CBN ) 60-day deadline for the mandatory geo-tagging of Point of Sale…
- 10 Dec 2024
AMMBAN Seeks Review of 5 Percent Charge Imposed on PoS Agents
Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) has appealed to the Central Bank of Nigeria (CBN) and the Office of the Vice President, Kashim Shettima, to review the five per cent…
- 16 Dec 2022
AMMBAN Petitions Buhari, NASS over CBN Policy on Cash Withdrawal Limit
A group under the aegis of Point of Sale ( POS Operators ) in Nigeria Friday kicked against the cashless policy of the Central Bank of Nigeria ( CBN ) that wants to cash withdrawal of money by…
- 6 Jul 2023
AMMBAN Explains Increase in Service Charge by Mobile and Bank Agents
The recent announcements of an increase in service charge fees by a few of our state chapters have elicited various responses. The Association had acknowledged the role of the CBN as the market…
- 20 Oct 2024
Nigerian Banks Lost N42.6Bn to Fraud in Q2 2024
Fasasi Sarafadeen Atanda, national president, Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) said Nigerian Banks lost N42.6b to fraudsters in Nigeria within the Q2 of 2024. Atanda…
- 30 Jun 2023
Mobile Money Agents Explains Recent Hike in PoS Charges
Mobile Money Agents, under the aegis of the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN), said the recent increase in Point of Sales (PoS) transaction charges is a reflection of…
- 13 Apr 2026
PAFON 3.0: FintechNGR VP Jameelah Sharrieff-Ayedun to Deliver Keynote Address
The Vice President of the Governing Council of the Fintech Association of Nigeria, Dr. Jameelah Sharrieff-Ayedun, is set to deliver a keynote address at the 3rd edition of the Payments Forum Nigeria…
- 15 Apr 2026
Fintech Giants PalmPay and TeamApt Back Nigeria’s Biggest Payments Forum
Payments Forum Nigeria (PAFON), the country’s leading industry platform for digital finance stakeholders, has announced PalmPay and TeamApt as key sponsors of the third edition of its flagship event,…
- 21 Apr 2025
PAFON 2.0: Experts Discuss Pathways to Boost Financial Inclusion in Nigeria
Improved efforts at collaboration among financial service providers, telecommunication operators, and tech Startups, with conscious effort geared at consumer awareness, have been proffered as key…
- 24 Nov 2019
Stamp Duty Charge on PoS Transactions As A Disincentive to Increased Penetration
The burden of handling cash by banks and merchants was becoming enormous that central bank of Nigeria conceived and began promoting electronic payment channels to ease the risk. There are several…
- 8 Apr 2025
Moniepoint Leads the Charge for Financial Inclusion @PAFON 2.0
Moniepoint Microfinance Bank, a subsidiary of Moniepoint Inc., Africa’s leading digital financial services provider and the Continent’s fastest growing financial institution, is set to demonstrate…
- 22 Apr 2026
Payments Forum Nigeria (PAFON 3.0) Holds This Friday in Lagos
Nigeria’s foremost payments and financial inclusion dialogue platform, Payments Forum Nigeria (PAFON 3.0), will hold this Friday, April 24, 2026, at the prestigious Lagos Oriental Hotel, Lekki Road,…
- 6 Apr 2025
Momoh, Uzoebo, Nwosu, Ibirogba, others for PAFON 2.0
The second edition of Payments Forum Nigeria (PAFON 2.0) is gathering momentum as organisers have unveiled a strong line of speakers. Featuring keynote presentation, fireside chat, panel discussion,…
- 26 Jan 2020
Financial Inclusion Agents Groan as SANEF Fails To Achieve Interoperability
Two months after, financial inclusion agents under the network of Shared Agent Network Expansion Facility, SANEF are yet to enjoy interoperability promised them, Nigeria CommunicationsWeek checks…
- 20 Mar 2024
Payments Forum Nigeria [PAFON1.0] Holds Tomorrow
All is now set for the maiden edition of Payments Forum Nigeria (PAFON 1.0) to be held tomorrow, Thursday, March 21, 2024 at Oriental Hotel, Lekki, Lagos State, at 9am. The Payments Forum Nigeria is…
- 29 Jun 2026
EVC NCC, Aminu Maida, to Lead Speakers @ Business Journal Fintech & Financial Inclusion Roundtable 2026
Dr. Aminu Maida, Executive Vice-Chairman/CEO, Nigerian Communications Commission (NCC) would be the Special Guest of Honour at the 3rd Business Journal Fintech & Financial Inclusion Roundtable…