University Don task central bank on standardization of the mobile money in the financial sector


Mobile money Agents, commercial banks as well as the central bank of Nigeria have been called upon to enforce the standar-di-zation of the mobile money and banking Agents in the financial sector.

This call was made by the Professor of legal, social and political environment of business at the Lagos business school, professor Olawale Ajai at the 6th national conference of Association of mobile money and bank agents of Nigeria themed ” agency banking in the di-gi-tal age: enforcing standard, seizing opportunities and managing risk.

Professor Ajai said there is a need for innovation compliance by the banking agency so as to help take banking to the rural areas and boost the nation’s economy.

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