EFInA says it welcomes an additional funding commitment from UK Aid, part of a £320m package that will initiate an ambitious new phase of financial sector development across the continent. Announced ahead of the UK-Africa Investment Summit London, the package includes additional funding for 9 existing Financial Sector Deepening Programmes (FSDs) and to set up…

Overcoming gender gap in Nigeria represents a major obstacle that must be resolved if the country must achieve set targets in its National Financial Inclusion Strategy (NFIS).

The advent of Financial Technology (Fintech), a combination of technology and innovative business models in financial services, has gained considerable momentum in recent times, with global investments rising at exponential rates.

The three northern regions currently account for the most financially-excluded areas in Nigeria, a survey by the Enhancing Financial Innovation & Access (EFInA), revealed. Specifically, the North East has 38.4 per cent excluded adults; North West 18.3 per cent and North Central 11.9 per cent. South West recorded 11.5 per cent excluded adults, South East…

The Enhancing Financial Innovation and Access (EFInA), in its latest report report, has said that there is enough research...

Enhancing Financial Innovation and Access, (EFInA), has announced the appointment of Esaie Diei as its Chief Executive Officer.

EnhancingG Financial Innovation and Access, (EFInA) has announced the appointment of Esaie Diei as its Chief Executive Officer. EFInA, funded by the UK government’s Department for International Development...

National Financial inclusion stakeholders, led by the Central Bank of Nigeria (CBN), will converge on Thursday and Friday, this week, in Abuja, for the launch of key policy documents aimed at facilitating the attainment of 80 per cent inclusion rate by 2020. The Policy documents to be unveiled at the conference expected to attract over…

The multi-prong approach to achieving the set target of including 80 per cent of the country’s adult population in the financial system come 2020, is gaining traction, as the initiatives, led by the Central Bank of Nigeria (CBN) recorded improved numbers and affirmation, shortly before the end of last year. The confidence-building information, contained in…

The percentage of financially-exclusive people in the country has gone down by 4.8 per cent from 41.6 per cent in 2016 to 36.8 per cent in 2018, yet...

Leading financial inclusion promoting organisation, Enhancing Financial Innovation & Access (EFInA), has announced that the Access to Finance

EFInA Fintech Challenge Grant Request for Proposals: Supporting new concepts to enhance the uptake and usage of financial services by the low income population in Nigeria through leveraging on financial technology delivery channels provided by the FinTechs. EFInA is pleased to announce its ninth request for proposals (RFP 9) for the Fintech Challenge Grant which…