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Agency Banking in Nigeria: Overview and Guidelines by ASHEHU SANI is a document available to read on EtoBox.

What is Agency Banking in Nigeria: Overview and Guidelines about?

There is potential for agent banking in Nigeria to increase financial inclusion given the large adult population that is unbanked and high mobile phone subscription. The Central Bank of Nigeria supports increasing access to finance through agent banking. Agent banking relies on technology like POS terminals to process transactions in real-time. Financial institutions can use agent banking to offer services to both existing and unbanked customers in remote areas by bringing banking closer through agents.

Author

ASHEHU SANI

Language

EN