Airtel Nigeria has been granted a full super-agent licence by the Central Bank of Nigeria (CBN).
This is coming six months after the telecoms firm announced
that it had secured the licence-in-principle.
In a statement entitled: “Nigeria Super-Agent Full Licence
Approval” signed by Simon O’Hara, the Company Secretary means Airtel has a full
super-agent licence to operate as an agency network.
Super agents are businesses that have been licensed by the
CBN to recruit agents for agency banking, which involves providing financial
services to communities on behalf of banks in order to increase financial inclusion.
The super-agent licence is distinct from the Payment Service
Bank (PSB) licence for which MTN received approval in principle on November 4,
2021.
The statement filed with the NGX reads: “Further to our
announcement of 15 November 2021, Airtel Africa, a leading provider of
telecommunications and mobile money services, with a presence in 14 countries
across Africa, today confirms that the Central Bank of Nigeria (CBN) has
awarded its subsidiary, Airtel Mobile Commerce Nigeria Limited, with a full super-agent
licence.”
The company, in the statement, did not specify when
operations would resume, but, however, stated: “The licence allows us to create
an agency network that can service the customers of licenced banks, payment
service banks and licenced mobile money operators in Nigeria.”
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