Browsing Category
Financial Inclusion
Nigerian lenders tighten credit criteria as default rates worsened in Q4’20
While the availability of credit to households and corporates increased in the second quarter of 2020, not many Nigerians and businesses who applied for loans were able to access credit as…
Government must encourage development of private sector-led innovations to enhance…
Godwin Ehigiamusoe, the immediate past managing director of LAPO Microfinance Bank, speaks on several challenges hindering MSMEs’ growth and participation in the Nigerian economy, the…
Nigeria rises 6 places in global financial inclusion ranking
Nigeria has successfully improved its world ranking in financial inclusion, thanks to policy support and government reform.
The country moved up to 30th position in the Global Microscope…
Financial inclusion and branding: What is the synergy?
Financial inclusion is one of the most amplified ideologies in many geographical areas. This has led to the implementation of noteworthy efforts to build institutions and systems for the…
Ghana moves beyond mobile money, deepens financial inclusion with QR payment system
Ghana, the biggest gold producer in Africa recently launched a national Quick Response (QR) code payment system, an infrastructure that is mostly used in cashless economies like China.…
Why Nigeria’s Fintech industry is yet to attain full potential
While banking in Nigeria remains an attractive sector, with over $9 billion in value pools, the vast majority of consumers are underserved as about 60 million Nigerians do not have a bank…
Sterling, FCMB, Fidelity Bank lag peers in digital banking satisfaction
Out of the ten biggest Nigerian banks by assets, Sterling, FCMB and Fidelity are the least in terms of digital banking satisfaction, according to the 2020 Consumer Digital Banking…
How scarce PSB licence slows Nigeria’s mobile money take-off
More than two years after the Central Bank of Nigeria (CBN) gave an official nod to non-financial companies to apply for mobile banking licences to assist in deepening access to financial…
To grow financial inclusion we need to take offline transactions to excluded…
TeamApt, a payment gateway provider focused on providing digital banking services to millions of Nigerians without access to financial services, reached a milestone when it secured $5…
Standard Chartered partners Airtel Africa to deepen financial inclusion across Africa
Standard Chartered Bank joins forces with Airtel Africa for a strategic collaboration to drive financial inclusion across key markets in Africa. The partnership by the bank and the Telco…