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We re Ready : POS Operators Ignore CBN, Begin Implementation of New Deposit, Withdrawal Charges

POS operators in Nigeria have concluded plans to start implementing new charges for withdrawals and deposits despite efforts from the Central Bank of Nigeria.

Lagos stateElegbede segunBank agentsNational publicityConsumer protection commissionAssociation of mobile moneyCentral bankFederal competitionFacebook newsMobile moneyNational publicity secretaryPius utomiJoin legitGuaranty trustCbn central bank of nigeria

We re ready : POS operators ignore CBN, begin implementation of new deposit, wi…

We re ready : POS operators ignore CBN, begin implementation of new deposit, wi…
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Lagos stateElegbede segunCentral bankNational publicityAssociation of mobile moneyBank agentsConsumer protection commissionFederal competitionMobile moneyNational publicity secretaryPius utomiGuaranty trust

PoS operators begin new service charge implementation on Monday

July 17, 2023. Azonuchechi Chukwu. The Association of Mobile Money and Bank Agents in Nigeria said there is no going back on implementing its new service charges framework on Monday, July 17. The National Publicity Secretary of AMMBAN, Elegbede Segun, disclosed this in an interview, on Saturday. Recall that on June 30, the Association’s Lagos |

Elegbede segunAzonuchechi chukwuAssociation of mobile moneyAssociation lagos chapterBank agentsConsumer protection commissionNational publicityMobile moneyNational publicity secretaryLagos chapterFederal competitionBusiness news

As PoS agents raise prices, fintechs consider legal action

PoS agents will implement a price hike this week, despite pushback from the CBN, fintech, and customers. Will the business model survive?

New yorkUnited statesEdidiong uwemakpanElegbede segunShola hafeezBank agentsCentral bankAssociation of mobile moneyNigerian financial services marketConsumer protection commissionMrs adetunjiMobile moneyFederal competitionFinancial servicesMarket report

Service charge hike: PoS operators accuse FCCPC of compromise

Amid the proposed new price of service charges, the Association of Mobile Money and Bank Agents in Nigeria has accused the Federal Competition and

Babatunde irukeraElegbede segunNational publicityBank agentsConsumer protection commissionAssociation lagos chapterAssociation of mobile moneyMobile moneyFederal competitionNational publicity secretaryLagos chapterVice chairman