30 results
- 16 Nov 2019
ALMPO announces theme, speakers for Mobile Money conference 2019
The Association of Licensed Mobile Payment Operators (ALMPO) is set to host the 2019 Mobile Money Conference. The theme for this year’s event is; Mobile Money: “Beyond Payments” . The august event is…
- 25 Nov 2019
Eziukwu, Group CEO BlueTag to Keynote 2019 Mobile Money Conference
Mr. Uzo Eziukwu, group ceo, BlueTag Group, has been scheduled to present the keynote presentation as the Association of Licensed Mobile Payment Operators (ALMPO) is set to host the 2019 Mobile Money…
- 15 Jun 2010
No MMT License Holders Yet-CBN
The Mobile Money Transfer (MMT) industry will sit with cautious optimism this week awaiting further directions about the licensing of operators for the revolutionary mobile money services, after…
- 25 Jul 2021
Alabraba, ALMPO Chairman Joins The ASPEN Institute’s Finance Leaders Fellowship
The Association of Licensed Mobile Payment Operators (ALMPO) has announced that its chairman, Jay Alabraba has been selected to join the Aspen Institute’s Finance Leaders Fellowship. Alabraba will…
- 12 Mar 2012
Mobile Payments Threaten N1Bn per Day Recharge Card Business
The recharge card business which generates an estimated N1 billion daily is on the verge of collapse as it is about to be swept away by the tide of mobile payments, Nigeria CommunicationsWeek can…
- 25 Jul 2016
Pirates Invade Mobile Payments Services Space
Unlicensed mobile payment companies have invaded the country’s mobile financial services ecosystem exploiting the weak regulatory enforcement system and stakeholders are not happy about it. …
- 23 Oct 2015
CBN to License Super Mobile Money Agents
Central Bank of Nigeria (CBN), has disclosed that a framework to license super agents mobile money operators is on its final stage. However, three major telecommunications firm in the country have…
- 30 Jul 2017
Agents, Logistics Hobble Banks’ Mobile Money Operations
Managing mobile money agents’ networks and logistic issues have conspired to frustrate money deposit banks from making progree in the mobile money operations in the country, according to experts who…
- 26 Jul 2010
Mobile Payment is Ubiquitous – Madubuike
Emeka Madubuike, is the managing director of Systemtech Group, a comprehensive Information and Communications Technology (ICT) Company licensed by the Nigerian Communications Commission (NCC).…
- 14 Dec 2015
MNOs to Get Super-Agent Role in Mobile Money Ecosystem
Contrary to speculations making the rounds that Central Bank of Nigeria (CBN) is planning to license Mobile Network Operators (MNOs) to operate Mobile Money business. They will be given…
- 10 Aug 2010
CBN Grills Applicants, Prepares to Issue MMT Licenses
It is all coming together now as the Central Bank of Nigeria (CBN) prepares to issue the first set of licenses to mobile money providers that would provide services to the under-banked and under…
- 2 Dec 2019
How to Deepen Financial Inclusion in Nigeria, by ALMPO Mobile Money Confab 2019
The burden of delivering financial inclusion to the last mile has become one that needs the strategic participation of all industry stakeholders in the ecosystem, so as to deliver value propositions…
- 26 Jan 2009
Nigeria Mobile Operators and Host communities
Since the emergence of mobile telephone in the 2001, combined subscription is inching close to the 50 million mark and many more yet to sign up. The potentials are still enormous given the fact that…
- 2 Nov 2012
Operators, Customers Play Hide and Seek Over Mobile Money
Mobile money services touted as the next big thing in e-payments eco-system, is still at an all time low in the country no thanks to seeming sluggish rollout, Nigeria CommunicationsWeek…
- 14 Oct 2017
Telecos Seek Licences To Boost Financial Inclusion
Association of Licensed Telecommunications Operators of Nigeria (ALTON), has said operators have commenced discussion with Central Bank of Nigeria for licences to provide mobile payment services. Mr…
- 8 Apr 2013
NIBSS Begins Interoperability Services in MobileMoney Transactions
National Central Switch (NCS) has begun interoperability services for mobile money transactions, having completed integration of 15 out of the 16 already licensed mobile money operator. The…
- 12 May 2023
Telcos to Disconnect Banks’ USSD Service over N120Bn Debt
Association of Licensed Telecommunications Operators of Nigeria (ALTON) has directed its Mobile Network Operators (MNOs) members to disconnect Deposit Money Banks (DMBs) if they fail to pay the debt…
- 16 Nov 2018
CBN Asks Telcos to Pay N5Bn for Mobile Money Licenses
Central Bank of Nigeria (CBN) has asked telecommunications companies that intend to deepen financial inclusion in the country through mobile money services to make a minimum capital deposit of N5bn.…
- 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…
- 4 May 2014
Nigeria to Miss MM Cross Border Remittance Deal
Nigeria will not be a beneficiary of the landmark deal struck by major telecom operators in Africa for the implementation of interoperable mobile money services across Africa and the Middle East…
- 19 Aug 2017
ALTON Decries Impact of OTT on Telecom Operations
The Association of Licensed Telecommunication Operators of Nigeria (ALTON) has decried the impact of over the top service (OTT) on the telecom operations in the country. Engr. Gbenga Adebayo,…
- 18 Sept 2016
Expert Seeks Migration from MM to Digital Financial Services
Emmanuel Okoegwale, Principal Associate, Mobilemoney Africa, has urged Central Bank of Nigeria and licensed mobile money operators in the country to move away from mobile money services…
- 8 Jun 2020
PMAN Accuses Telcos of Lack of Revenue Accountability
Performing Musicians Employers Association of Nigeria (PMAN) has threatened to sue telecom operators under the aegis of the Association of Licensed Telecommunication Operators of Nigeria (ALTON) for…
- 2 Nov 2014
E-PPAN, NIBSS Upbeat on Strategic Cashless Nigeria
The Nigeria Inter-Bank Settlement System Plc (NIBSS) and the Electronic Payment Providers Association of Nigeria (E-PPAN) said that through strategic alliances and partnerships across the e-payments…
- 23 Feb 2013
MM Operators Race to Interoperability Deadline
Mobile money service providers in the country are making last-ditch effort to connect to the National Central Switch (NCS) in compliance with the directive of the Central Bank of Nigeria (CBN),…
- 27 May 2012
The Need to Harmonize VAS Operations in Telecom
The traditional service that telecommunications operators are meant to provide is voice communications. However, there has been increased demand for value added service which is secondary focus of…
- 1 Sept 2015
ChamsMobile Unveils Nigeria’s First Visa Virtual Card
ChamsMobile Limited, a licensed mobile money operator, and Skye Bank Plc, have launched the first Virtual Visa Card in Nigeria. The Virtual Visa Card is an entirely digital payment card for online…
- 2 Apr 2026
CBN Plans New Payment Systems Vision
Central Bank of Nigeria (CBN), has said that it will be launching a new payment systems vision that will outline where the entire ecosystem is expected to be heading in the next three years. Olayemi…
- 31 Jul 2014
VAS Key to Financial Inclusion Says Obi, eTranzact Boss
Forging Inclusive growth in payment systems and financial inclusion initiatives In Nigeria was the theme of this year’s edition of the annual Business Day Mobile Money Roundtable held on the 24th of…
- 12 Dec 2016
Nigeria Still at Outskirts of Mobile Money Remittances
Nigeria is still struggling with low adoption and highly fragmented agency networks and both are conspiring to hobble the growth of the industry. Also, the country may not enjoy the benefits of…