• Tuesday, May 28, 2024
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CBN, Reach host cashless conference in Lagos


The annual All Stakeholders Cashless Conference organised by Reach Consult in collaboration with the Central Bank of Nigeria (CBN) comes up this month between October 21 and 22, at the Oriental Hotel, Lagos.

Now in its third year, the conference brings together more than 400 delegates and experts within the Nigerian electronic and mobile payments ecosystem. The theme of this year’s conference is ‘Nigeria Transiting to a Cashless Society: Mapping the Nationwide Agenda.’

In a statement released on yesterday by Reach Consult, the event this year aims to discuss strategic issues “in respect of CBN’s ongoing nationwide implementation of the cashless policy.”

Key topics that will feature at the conference include the development of infrastructure for the industry; enhancing financial inclusion through the deployment of alternative distribution channels and agent networking; security and risk issues associated with electronic and mobile payments; e-commerce, mobile money systems; effective multi-sector regulation as well as legislation, among others.

Suleiman Barau, CBN’s deputy governor, operations, and Harish Natarajan, senior payments expert, World Bank, are both expected to present keynote papers. The statement adds that special guest speakers expected at this year’s conference include Bassey Otu, chairman, Senate Committee on Banking and Finance; Oyetunde Ojo, chairman, House of Representatives Committee on Communication; Sam Amadi, director-general, Nigerian Electricity Reform Commission; Chris Onyemenam, director-gneral, National Identity Management Commission, and Dupe Atoki, director-gneral, Consumer Protection Council.

Others are Peter Jack, director-gneral, Nigerian Information Technology Development Agency; Tunde Kuponiyi, chairman, Committee of e-Banking heads; Gbenga Adebayo, chairman, Association of Licenced Telecommunications Operators, and Omokehinde Ojomuyide, country manager, MasterCard, will also be speaking at the conference, among several others.