Cash crunch fuels rising misgivings against Nigeria’s money agents
2 years ago(FILES) A man counts Nigerian Naira currency as a customer exchanges money in Ikoyi island in Lagos on September 16, 2024. - Mobile money agents have become a familiar sight across Nigeria, using handy point-of-sale machines to provide essential services to millions of people without access to banking, particularly in hard-to-reach rural areas. Even on the streets of major cities they have become a go-to, due to an ongoing shortage of cash at ATMs since a much-vilified redesign of the national currency, the naira, last year. (Photo by Olympia DE MAISMONT / AFP)
Mobile money agents have become a familiar sight across Nigeria, using handy point-of-sale machines to provide essential services to millions of people without access to banking, particularly in hard-to-reach rural…
