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Financial Inclusion
Financial inclusion stakeholders in Abuja for Confab
Financial inclusion stakeholders in Nigeria, led by the Central Bank of Nigeria (CBN), will converge in Abuja on Thursday, January 17 and Friday, January 18, 2019, for the launch of key…
CBN restrategises on meeting 80% financial inclusion target by 2020
The Central Bank of Nigeria (CBN) is about to launch a key policy document that would facilitate the attainment of the financial inclusion target by next year.
The CBN said on Monday that…
Nigerian government transfers USD227m annually through digital payment
Nigerian government transferred up to USD227 million per annum through digital payment as adoption of digital payments platforms cost up to 85-95 percent less than serving the unserved and…
Why financial exclusion rate is highest in Northern Nigeria, way forward
Despite the increase in Nigeria’s financial inclusion rate, the Northern region of Africa’s most population retained its position of highest excluded hub in the country, EFInA’s bi-annual…
FirstBank visit markets with financial inclusion
First Bank, the biggest bank in Nigeria by total deposits has extended its agent banking campaign to 14 major markets and business points across the country with the aim to include more…
‘Ease of access to low-cost financial services on a daily basis is very vital’
Oluwatomi Ayorinde, CEO/Cofounder of CrowdForce shares insight on the role his company is playing in including more Nigerians into the financial cycle through its agent distribution network…
GSMA explores regulatory challenges in mobile money industry
Mobile money services are regarded as powerful tool for deepening financial access in developing markets, as it expand financial inclusion through lower transaction costs, improved rural…
Inclusion in 2018: marginal growth driven by non-regulated financial providers
Enhancing Financial Innovation & Access (EFInA), a financial sector development organization that promotes financial inclusion in Nigeria, recently published results from their country…
Promoting use of disruptive technology to enhance financial inclusion in Africa
The United Nations Economic Commission for Africa (ECA) is collaborating with the International Financial Corporation (IFC) and Ant Financial (Ant) to promote digital financial inclusion in…
CBN to introduce agent solutions to boost MFBs services
The Central Bank of Nigeria (CBN) is working on introducing agent solutions that will enable microfinance banks operating in the country to deploy new services via agents.
This move is…