Mobile Money

Is Nigeria’s Mobile Money Data An Unsolved Puzzle Fintechs Toy With?

By  |  July 3, 2020

Here’s a simple question: How many mobile money agents are in Nigeria at present? Well, the answer is not so simple and it depends on who you ask. 

For starters, if you ask two of the institutions that are at the helm -- Central Bank of Nigeria (CBN) and Nigeria Inter-Bank Settlement System (NIBSS) Plc -- the total number of agents enrolled as at December 2019 is 266,039, up from 38,416 a year prior.

Most Read


Moniepoint Is Stepping Up Its Global Ambitions As UK Plans Take Shape

Moniepoint Inc., the parent company of one of the largest business payments and


Tracing The Rapid Rise Of E-Mobility in Kenya

The global automotive industry has shifted significantly towards electric vehicles (EVs) in recent


Nigeria’s Crypto Traders Take Business Underground Amid War On Binance

Nigeria’s heightened crackdown on cryptocurrency companies over the naira’s slide is driving the