ABUJA, NIGERIA – July 25, 2026 – Afrigopay Financial Services Ltd, operators of Nigeria’s sovereign national payment card scheme, recently engaged with key industry stakeholders at the 16th Annual General Meeting of the National Association of Microfinance Banks (NAMB) in Abuja, structured around the theme “Beyond 20 Years: Engineering Sustainable Microfinance for the Next Generation.”
The event convened microfinance bank operators, regulatory bodies, and payment ecosystem leaders from across the country to define the trajectory of microfinance banking in Nigeria, emphasising the critical role of innovation and primary levers for deepening financial inclusion.
Afrigopay Financial Services Ltd, operators of Nigeria’s sovereign national payment card scheme, recently engaged with key industry stakeholders at the 16th Annual General Meeting of the National Association of Microfinance Banks (NAMB) in Abuja, structured around the theme “Beyond 20 Years: Engineering Sustainable Microfinance for the Next Generation.”
The event convened microfinance bank operators, regulatory bodies, and payment ecosystem leaders from across the country to define the trajectory of microfinance banking in Nigeria, emphasizing the critical role of innovation and primary levers for deepening financial inclusion.
Speaking at the event, Ugo Obasi, Chief Commercial Officer and Executive Director at Afrigopay Financial Services Ltd, articulated how the AfriGO card was intentionally engineered to advance financial inclusion. He highlighted that AfriGO offers underserved and unbanked Nigerians a simple, highly secure, and domestically built entryway into the formal payment ecosystem.
Obasi outlined the compelling business case for microfinance banks adopting the national card scheme, pointing to significant operational and transaction cost savings when compared to alternative card rails. He emphasized that AfriGO addresses the historic integration barriers faced by smaller financial institutions by offering turnkey support. This includes end-to-end technical onboarding, integration with AfriGO’s robust Card Management System (CMS), and 24/7 technical assistance throughout the partnership lifespan.
“Looking ahead, we see microfinance banks as central to the evolution of Nigeria’s payment landscape. As more unbanked and underbanked citizens transition into the formal financial system, the underly infrastructure must be built for scale, speed, and local relevance. That is the future AfriGO is driving, one where every microfinance bank in Nigeria, regardless of size, gains access to world-class card infrastructure at a cost that makes sound business,” he stated.
In his remarks, the National President of NAMB, Dr. Adenrele Oni, acknowledged AfriGO’s strategic commitment to strengthening the microfinance sector, noting that institutional collaboration around secure payment rails remains critical to driving sustainable growth across the industry.
AfriGO’s active engagement at this year’s NAMB gathering underscores its strategic focus on equipping microfinance banks nationwide with a reliable, cost-effective, and locally owned card infrastructure designed to meet the evolving payment needs of everyday Nigerians.
About AfriGO
AfriGO is Nigeria’s sovereign national payment card scheme, built to serve the needs of Nigerian consumers and financial institutions with secure, affordable, and locally relevant card payment infrastructure. AfriGO, made for everyday moments.
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