Welcome to 9jaflaver


Celebrity News | Education | Fashion | Football Updates | Lifestyle | Funny Photos

Call Only:- +2348081377637 or +2348111727895

You Can Email Us:- [email protected]

« | »

CBN Mandates IFIS To Increase Agent Network To 150,000 By 2020

The Central Bank of Nigeria (CBN) has mandated Interswitch Financial Inclusion Services (IFIS), a subsidiary of Interswitch Group to grow its agent network to 150,000 by 2020, as it fulfilled all Approval-in-Principle requirements. Trading as Quickteller Paypoint, IFIS aims to increase the availability of digital financial services in financially-excluded locations in Nigeria from 44 percent to over 70 percent in five years. Quickteller Paypoint has now crossed a symbolic milestone by breaking the 10,000 activated agent mark. With this feat, Quickteller Paypoint now has the second largest agent network in Nigeria.

Confirming the license update, Divisional CEO, IFIS, Mike Ogbalu said: “With excitement, we are proud to announce this feat. We are conscious of the fact that work is only just starting. We would not be resting on our oars and remain fully dedicated to our cause and business mandate.

By way of investment in people and technology, we continue to reaffirm our commitment to this ambitious project. We understand the essence of financial inclusion and the impact on national development. With our 10,000 strong agent network, we are well-positioned to serve the nooks and crannies.

“Working closely with governments at various levels and international agencies, IFIS is set to take its services deeper into the rural communities while creating new entrepreneurs and enhancing existing SMEs. “We express genuine appreciation to all of our esteemed agents (10,000 and counting), our valuable partners, stakeholders and the CBN for believing in our vision. We will continue to upgrade our systems and security measures in line with developments in the payments industry.

As a licensed super-agent with a high sense of responsibility and professionalism, we will continue to abide by the regulatory framework.”


Click Here To Comment On This Post


[Music] Krizbeatz Ft Mayorkun And Reminisce - Poker

[Music] Dannyjoe And Prokassy – Clap

[Music] Kiss Daniel – Yeba

[Music] Lil Kesh Ft Rankfiizy – Ghetto Boi

[Music] Tekno Ft Wizkid – Mama

[Music] Bold Cool – No Vex

[Music] Olamide – Enimimomi

[Music] Mr Eazi – Pour Me Water

author image
About 9jaflaver owner (Mr Ejump)

Mr Ejump Is the owner/CEO of 9jaflaver, he's an economist, a loving, and friendly young man. CONNECT via:- FACEBOOK TWITTER

Posted by on December 4, 2017.

Categories: 9ja news

There is love in sharing

0 Responses

Don't Just Read A Post And Go, Comment Below To Make The Post Lively

Do You Have Something To Say? Comment In The Box Below

Your Name Below

NOTE:- After Dropping your comment, keep calm, it will take 5mins before it appears.

« | »

Hottest Songs This Week


Hottest Videos This Week


9jaflaver Music Of The Week

Lil Kesh Ft Rankfiizy – Ghetto Boi

9jaflaver music of the week


Also Check Out:-

Dannyjoe And Prokassy – Clap

Also check out


Copyright © 2017 9jaflaver
Powered By: 9jaflaver