This is contained in a notice signed by the Group Company
Secretary, Airtel Africa, Simon O’Hara, and posted on the Nigerian Exchange
(NGX) Ltd. website on Monday in Lagos.
According to the notice, the super agent licence is distinct
from the Payment Service Bank (PSB) licence, for which the company received
approval in principle on November 4.
It said the PSB licence was required for Airtel to be able
to provide financial services in Nigeria.
The notice listed the services as cash deposits, payments
and remittances, issuing debit and prepaid cards, electronic wallet and other
financial services.
“Under the super agent licence, we would be able to create
an agent network that can service the customers of licensed Nigerian banks,
payment service banks and licenced mobile money operators in Nigeria,” said the
notice.
It said the final approval of the super agent licence was
subject to the group satisfying certain standard conditions.
(NAN)