Finance

Mobile Money Agents Partner on Financial Inclusion

  • Mobile Money Agents Partner on Financial Inclusion

The Association of Mobile Money Agents in Nigeria (AMMAN) in collaboration with EcosaHybrid Network, recently held a capacity building workshop.

The aim of the workshop was to bridge knowledge gap among financial inclusion agents and other core stakeholders in the industry.

The focus, which was in the Northern part of the country, was designed to bridge financial inclusion gap in the North.

National President, AMMAN, Mr. Victor Olojo, said the workshop became necessary in view low awareness of the association in that part of the country as well as impact skills on agents on agent banking and mobile money,

“The workshop offered training and follow-up to execution of new agent network in northern Nigeria especially in Kano State, share funding and product opportunities among participants as well as provide varieties of point of sale terminals (PoS), fund transfer platforms among others for agents to access from the exhibition stand,” Olojo said.

He explained that AMMAN also used the opportunity to launch its special agenda for northern women with the theme ‘Northern Women for Financial Inclusion (NWFI’), which is an advocacy programme that seeks to break the barrier of reaching the women at last mile.

“Core of NWFI is advocacy and job creation for Northern women so as to bridge cultural barrier that deters women from mingling with the general public. It has been reported that Kano and Gombe states were least states in the financial inclusion ranking in the country,” he added.

He further stated that AMMAN had taken her rightful place in the financial inclusion industry in Nigeria with the workshop.

“We are now the alternative to all other stakeholders, who failed to deliver on the 2020 goal of the Central Bank of Nigeria (CBN) of reducing exclusion rate to 20 per cent.”

Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

Share
Published by
Samed Olukoya

Recent Posts

U.S. Deportation Crackdown: 3,690 Nigerians Identified for Removal

The United States Immigration and Customs Enforcement (ICE) has identified 3,690 Nigerians for deportation as…

17 minutes ago

Pounds to Naira Black Market Exchange Rate Today, 29th January 2025

The exchange rate between the British Pound (GBP) and the Nigerian Naira (NGN) continues to…

1 hour ago

Dollar to Naira Black Market Exchange Rate Today, 29th January 2025

The value of the Nigerian naira continues to fluctuate against the U.S. dollar in the…

1 hour ago

NCC, Telecom Operators Stand Firm: No Extension for Bank USSD Debt Settlement

The Nigerian Communications Commission (NCC) and telecommunications companies have barred any extension of the deadline…

15 hours ago

Trump Announces $100 Billion Joint AI Infrastructure ‘Stargate’ With OpenAI, SoftBank, Oracle 

In a bid to enhance the AI computing infrastructure in the United States of America,…

15 hours ago

CBN Waives 2025 Licence Renewal Fees for Bureau De Change Operators

The Central Bank of Nigeria (CBN) has waived the 2025 licence renewal fee for all…

16 hours ago