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Financial Inclusion
Systemspecs collaborates with Cellulant to boost payment service technology
Systemspecs, developers of Remita has announced its partnership with Cellulant, a pan-african fintech and agritech leader, to provide easy-to-use, secure and convenient payment service…
Mastercard to onboard 1bn people, 50m businesses into digital economy by 2025
Mastercard, a multinational financial services provider has pledged to expand its global commitment to financial inclusion by assuring to bring a total of 1 billion people and 50 million…
Banks’ earnings from e-transactions shrink in Q1 after CBN slashes charges on…
The policy by the Central Bank of Nigeria (CBN) that saw a downward review of bank charges has impacted the first quarter financials of tier-one banks as their earnings from electronic…
Why Covid-19 should be call to action for financial inclusion boost in Nigeria
The coronavirus outbreak which has displaced millions of Nigerians to become financially vulnerable may have also presented an opportunity to onboard the country’s 40 million unbanked…
EFINA recommends financial service agents for FG’S palliative distribution
Spy photograph images of the facelifted version of the Jaguar XF undergoing testing on UK roads have been spotted, and there are strong indications that, the British brand’s updated…
Brazil’s ‘coronavoucher’ holds financial inclusion lessons for Nigeria
Having almost the same unbanked population as Nigeria, Brazil with a new technology-driven financial inclusion exercise-coronavoucher holds lessons for Nigeria’s cash-based economy which is…
For the poor to survive the coronavirus pandemic, keep money circulating
The Covid-19 pandemic has sent shockwaves across the globe since emerging in late 2019.
Countries have responded with drastic measures to contain the virus, some of which have had a…
How cashless economy could have contributed in curtailing spread of coronavirus
Nigeria’s cash-based economy could be a catalyst to the spread of coronavirus as more than 70 percent of the country’s population still depend on cash for their daily transactions.…
Fate of 36m unbanked Nigerians in limbo amid coronavirus lockdown
With the lockdown of Lagos, Ogun and FCT on Monday following the increasing rate of coronavirus cases in the states, the fate of Nigeria’s unbanked population of almost 40 million is…
NDIC to introduce new channels to deepen financial inclusion in Nigeria
In furtherance of its elaborate initiatives towards achieving the desired level of Financial Inclusion in the country, the Nigeria Deposit Insurance Corporation has disclosed plans to…