Month: April 2021

Benefits of branch banking

BY BUKOLA IDOWU | With more than 50,000 bank agents across the country, there remains a gap in meeting the financial needs of Nigerians. Additionally, many Nigerians have learned during the pandemic that transactions can be done without entering a banking room, a situation made possible by bank agents. Commercial banks and payment service providers […]

Managing the insecurity associated with branch banking services

AGENCY Banking – using point of sale terminals, PoS, introduced by the Central Bank of Nigeria, CBN, to facilitate cashless economy policy – has become a source of violent death for our young people. Agency bankers receive and distribute money to customers using the point of sale. They are authorized by commercial banks to enter […]

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