Financial Inclusion

Financial Inclusion

‘Despite impact of COVID-19, Worldremit is committed to helping Nigerians abroad send money home’

Okafor Endurance Sep 30, 2020

In the run-up to the 60th anniversary of Nigerian Independence on October 1st, Worldremit, a digital payments platform, is offering...

Financial Inclusion

CBN to move gender financial inclusion gap from 8.5% to zero in 2024

Hope Moses-Ashike Sep 29, 2020

Nigeria’s Central Bank (CBN) is planning to move financial inclusion gender gap from 8.5 percent (based on 2018 data) to...

Financial Inclusion

‘All signs point to fintech, e-commerce as standout sectors during and post-pandemic’

Okafor Endurance Sep 16, 2020

Jadesola Opawumi is the Co-founder/ceo of Spredda, an online Marketplace and Payqart, a financial technology company focused on providing consumer...

Financial Inclusion

How Glo, 9Mobile, UP subsidiaries can leverage PSB services for financial inclusion boost

Okafor Endurance Sep 09, 2020

The Central Bank of Nigeria (CBN) recently gave an official node to telecommunication operators’ push to offer mobile money services...

Financial Inclusion

Nigeria’s financial industry outshines 45 sectors to post highest GDP growth

Okafor Endurance Aug 26, 2020

With 28.41 percent GDP growth in the second quarter of 2020, Nigeria’s financial institutions under the Financial and Insurance sector...

Financial Inclusion

Stakeholders expect ATMS to serve as bank branches as lenders step up digitization

Okafor Endurance Aug 19, 2020

Automated Teller Machine ( ATM) must evolve amid rapid changes in the economy and rise of digital payment alternatives to...

Financial Inclusion

Why Nigeria is among seven biggest unbanked nations

Okafor Endurance Aug 19, 2020

Access to basic financial services is widely considered a critical building block in reducing poverty and promoting economic growth. The...

Financial Inclusion

How smartphone penetration can broaden Nigeria’s financial inclusion drive

Okafor Endurance Aug 12, 2020

From 1892 when Nigeria’s first commercial bank was established in Lagos, the banking business in Africa’s largest economy has evolved...

Financial Inclusion

Huawei’s new digital payment cloud provides these 3 solutions for mobile operators

Okafor Endurance Aug 12, 2020

Huawei, a multinational technology company recently announced the launch of a new digital payment cloud solution to help digital payment...

Financial Inclusion

COVID-19 Accelerates Drive for Financial Inclusion in Nigeria

BusinessDay Aug 07, 2020

The CBN’s efforts towards providing millions of Nigerians with greater access to formal financial services have received an unexpected boost...

Financial Inclusion

‘For Max.ng, financial inclusion starts with revenue generation’

Okafor Endurance Aug 06, 2020

On a mission to fix Africa’s notorious last-mile delivery and online-retail problems by using mobile and web platforms to connect...

Financial Inclusion

CBN introduces 11 intervention schemes for non-interest financial institutions

Okafor Endurance Jul 29, 2020

To increase access to finance by Non-interest Financial Institutions (NIFI) and promote financial inclusion, the Central Bank of Nigeria has...

Financial Inclusion

In expansion push, Access Bank completes acquisition of Kenya’s Translational Bank

Okafor Endurance Jul 22, 2020

Nigeria’s top lender by assets, Access Bank has spread its wings to East Africa through the completion of the acquisition...

Financial Inclusion

Nigeria needs to accelerate Fintech industry growth to boost financial inclusion- MTN Nigeria

Okafor Endurance Jul 01, 2020

For Nigeria to onboard its 40million unbanked population and meet the Central Bank’s 95 percent financial including target by 2024,...

Financial Inclusion

Reaching for the Cloud: Embracing Digital Channels in Cooperative Societies within Africa

BusinessDay Jul 01, 2020

The Covid-19 pandemic has fueled the migration of group interactions to online channels. Virtual meeting platforms such as Zoom, Skype,...