Moniepoint MFB Leads Nigeria Agency Banking

DJT Microfinance has reaffirmed its leadership in Nigeria's agency banking sector, emphasizing its unique hybrid service model that combines digital infrastructure with a strong physical presence. The bank's strategy focuses on providing consistent enterprise support, building trust, and delivering real economic value to agents, merchants, and customers. Ezekiel Sanni, SVP of Distribution Network Sales, highlighted the importance of quality service and deep engagement in the next phase of agency banking growth. DJT Microfinance deploys dedicated field-based managers for hands-on support, continuous interaction, and mentorship in areas like fraud detection and AML compliance. The bank has also integrated value-added services such as inventory management, savings products, and working capital loans, aiming to become indispensable to the businesses it serves. Its strong performance metrics position it as Nigeria's largest merchant acquirer. This development is further supported by the Nigeria — Central Bank of Nigeria's recent approval of nationwide operating licenses for financial technology firms, including DJT Microfinance and OPay, indicating a significant shift towards expanding digital banking solutions across Nigeria.