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Media Updates: Recent updates about NIBSS you may want to catch up with; News stories, Media mentions, Reports, views and chronicles of our activities

What is SANEF? SANEF (Shared Agent Network Expansion Facility) is a project powered by the Central Bank of Nigeria, Deposit Money Banks, Nigeria Inter-Bank Settlement Systems, Chartered Institute of Bankers of Nigeria, licensed Mobile Money Operators and Shared Agents with the primary objective of accelerating financial inclusion in Nigeria.

Why SANEF? The project seeks to deepen financial inclusion in Nigeria through an integrated ecosystem with strong regulatory oversight, consumer protection and interoperable systems with limited concentration risk. It will create a platform for Nigerian owned financial services companies to grow whilst empowering and creating jobs for Nigerians. So, wherever you see the SANEF identity, you can perform basic financial services such as; account opening, cash deposits and withdrawals, funds transfer as well as bills payment

Latest Media Posts

The latest industry news, interviews, technologies, and resources.

For A Better User Experience With Point Of Sale Terminals

For A Better User Experience With Point Of Sale Terminals

Card payments on Point of sale (POS) terminals in Nigeria have grown in volume from a paltry 5,000 monthly volume in 2011 to 30Million in November 2018, all thanks to the success of the Cashless Nigeria initiative launched by the Central Bank of Nigeria and all banks in Nigeria in 2011

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