Friday, 31st March 2023
Breaking News:


18 Mar
Currently, the conventional banking system in Nigeria is facing fierce competition from financial technology companies popularly known as Fintech, majorly as a fallout of the shoddy implementation of the cashless policy of the CBN...
24 Jan 2020
Two months after, financial inclusion agents under the network of Shared Agent Network Expansion Facility, SANEFare yet to enjoy interoperability promised them, Nigeria CommunicationsWeek checks reveals.
4 Jul 2019
The three northern regions currently account for the most financially-excluded areas in Nigeria, a survey by the Enhancing Financial Innovation & Access (EFInA), revealed. Specifically, the North East has 38.4 per cent excluded adults; North West 18.3 per cent and North Central 11.9 per cent. South West recorded 11.5 per cent excluded adults, South East…
3 Jun 2019
The Chartered Institute of Bankers of Nigeria (CIBN) has said that financial institutions in Nigeria are committed to the Shared Agent Network Expansion Facilities (SANEF), which is an initiative of the Central Bank of Nigeria (CBN) and Bankers Committee that entails an aggressive roll out of 500,000-agent network to offer basic financial services. The initiative…
11 Jan 2019
Stakeholders in the agent banking ecosystem have urged Central Bank of Nigeria and Bankers’ committee to review current strategy of shared agents’ network expansion...
24 Dec 2018
The Central Bank of Nigeria (CBN) has pledged commitment to the formulation of appropriate policies to enhance financial inclusion.
7 Dec 2018
The establishment of Shared Agent Network Expansion Facility (SANEF), powered by the Central Bank of Nigeria and Deposit Money Banks, aims to accelerate financial inclusion in Nigeria.
16 Nov 2018
Worried by the identified challenge of recruitment of agents without transactions in the Central Bank of Nigeria and Bankers’ committee shared agents network expansion initiative...
19 Oct 2018
The 3rd annual conference of the Association of Mobile Money Agents in Nigeria (AMMAN) 2018 will be focusing on how to drive Central Bank of Nigeria Financial inclusion initiative. The conference is scheduled to hold on November 8, at Radisson Blu hotel, Ikeja with the theme ‘Driving Inclusion: Exploring Agency Banking with Shared Network’. Victor…
27 Aug 2018
The nation’s banking sector is taking another big leap and responsibility with the Shared Agent Network Expansion Facility (SANEF), as it pursues the realisation of a plan that wholly reflects commitments to achieving the 80 per cent target on financial inclusion, in about 28 months from now.
16 Aug 2018
The 80 per cent financial inclusion target by 2020 is still in the build up, as the banking industry has unveiled a new strategy to get 35 million new customers into the financial system in the next 28 months.
27 Jul 2018
Committee of E-Business Industry Heads (CeBIH) will promote digital solutions targeted at the bottom of the pyramid in a bid to expedite access to financial services across the country. Mr. Stanley Jacob, newly elected Chairman CeBIH, stated this in his acceptance speech at the election of new executives held in Lagos at the Keystone Bank…


13 mins ago
Nigeria Association of Women Journalists (NAWOJ), Edo State chapter, yesterday, called on women journalists to upgrade their academic qualifications for future opportunities and contributions to national development.
16 mins ago
Pro-democracy group, Nigeria Youth Organisation for Leadership & Right Activation, has advocated the adoption of Mr. David Lyon as the consensus candidate of the All Progressives Congress (APC) for the Bayelsa State governorship election.
17 mins ago
National Coalition for Progressive Change (NCPC) has drummed support for the aspiration of Senator Godswill Akpabio to become the next Senate president.
17 mins ago
Gombe State Governor, who has just won a second term in office in the just concluded governorship election in the state, Muhammadu Inuwa Yahaya, yesterday, said there was not victor and no vanquished at the polls.
18 mins ago
Aviation workers’ unions have reiterated their earlier vow to resist the Federal Government’s plan to demolish office complexes of aviation agencies in Lagos State, to make way for a new airport city project.