Wednesday, 5th October 2022
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EFInA

19 Jul
Enhancing Financial Innovation and Access (EFInA) has partnered with GIZ to bridge the MSME financing gap existing in Nigeria through a virtual hackathon challenge themed, ‘MSME Finance...Breaking Barriers’.
1 Apr
In 2012, Nigeria set a target to reduce the financial exclusion rate to 20 per cent by 2020, but at the end of that year, 35.9 per cent of the target (adult) population remained financially excluded.
4 Jun 2021
Nigeria has failed to meet the 70 per cent financial inclusion target set for 2020, as 86 million adults were negatively affected by the COVID-19 pandemic.
4 Jun 2021
For the first time, more than half of Nigerian adults are using formal (regulated) financial services, according to newly published data from EFInA (Enhancing Financial Innovation & Access). The EFInA Access to Financial Services in Nigeria 2020 Survey shows that 51% of Nigerian adults are using formal financial services, such as bank, microfinance bank, mobile…
28 Jan 2020
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…
31 Dec 2019
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).
24 Oct 2019
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.
4 Jul 2019
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…
2 Jul 2019
The Enhancing Financial Innovation and Access (EFInA), in its latest report report, has said that there is enough research...
31 Jan 2019
Enhancing Financial Innovation and Access, (EFInA), has announced the appointment of Esaie Diei as its Chief Executive Officer.
24 Jan 2019
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...
16 Jan 2019
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…

Latest

19 mins ago
NEW YORK, USA, 5 October 2022 -/African Media Agency(AMA)/-Teachers are at the heart of education, and their valuable work must also lead to better salaries and working conditions, the heads of three UN agencies and a partner organization said on Wednesday. The statement comes in their joint message to mark World Teachers’ Day, celebrated annually on 5…
58 mins ago
The Independent National Electoral Commission (INEC) has disowned a purported ad hoc staff recruitment portal for 2023 general election, describing it as fake.
1 hour ago
The remaining 23 kidnapped people from the Abuja-Kaduna train attack were freed by their abductors on Wednesday, the Nigerian military said. The train was attacked on March 28. The secretary of the Chief of Defense Staff Action Committee Prof. Usman Yusuf said the Chief of Defense Staff General Lucky Irabor,"secured the release and took custody…
2 hours ago
Russian President Vladimir Putin on Wednesday ordered his government to take over operations at Europe's largest nuclear power station in the Russia-annexed region of Zaporizhzhia in southern Ukraine. "The government will ensure that the nuclear facilities at the plant... are integrated as federal property," the executive order said. The power station has been occupied by…
2 hours ago
Qatar on Wednesday announced that the number of government workers attending offices would be slashed and school hours reduced in a bid to ease congestion before and during the World Cup. With more than one million visitors expected during the November 20 to December 18 tournament, the government is anxious to keep traffic off the…