Nigeria: Moniepoint Maintains Strong Position in Nigeria's Agency Banking

11 May 2026

Moniepoint Microfinance Bank (Moniepoint MFB) has stated its resolve to maintain leading position in Nigeria's agency banking space, positioning its track record and distinctive service model as a game-changer for the sector.

The company also noted its commitment to deepen value creation across the entire ecosystem.

Beyond service provision, the bank is positioning its identity as the homegrown, technological backbone of the real economy, built by Nigerians to solve the specific complexities of the local commercial landscape.

Speaking on the bank's evolving strategy, Ezekiel Sanni, Senior Vice President (SVP), Distribution Network Sales, Moniepoint MFB, said the bank's approach is built on a clear understanding that agency banking must be anchored on consistent enterprise support, trust building, and real economic value for agents, merchants and their customers.

"Agency banking has grown significantly in reach, but the next phase of growth will be defined by quality of service and depth of engagement" Sanni said.

He stated further: "At Moniepoint MFB, we have built a model that prioritises not just access, but meaningful, routine local support for the merchants and communities we serve while our engineering is a commitment to the stability that these businesses need to thrive.

"When you are close to the agent, you are in a position to go beyond providing a service to building capability," Sanni added.

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