The Search for Good Market Conduct in Nigeria’s Agent Banking Ecosystem
On October 6th, 2025, the Central Bank of Nigeria (CBN) released a fresh and more stringent set of Guidelines for the Operations of Agent Banking in Nigeria. The move is timely, perhaps overdue. As agent banking continues to grow into a critical delivery channel, especially for bridging the gap between formal finance and underserved markets, […]
Rethinking Social Investments in Nigeria: From Relief to Resilience
Social investments refer to public policies and programmes designed to protect people from poverty and economic shocks, while expanding opportunities for transitioning out of poverty. These initiatives typically involve non-contributory transfers in cash or kind, paired with services that enhance capabilities and livelihoods. They are often described them as social safety net instruments that help […]
CBN’s 2025 Agent Banking Operational Guidelines: Misconceptions and Realities
The Central Bank of Nigeria (CBN) has released the 2025 Agent Banking Operational Guidelines, a consolidated framework designed to make agent banking safer, more transparent, and more accountable. The new rules introduce key changes such as the “One Principal Rule,” dedicated agent accounts, geo-fenced PoS devices, transaction and withdrawal limits, and mandatory two-factor authentication (2FA) […]
