Agent networking has enhanced financial inclusion in Nigeria, says Awojoodu
The Co-founder and Chief Executive Officer of E-Settlement Olaoluwa Awojoodu has said that the agent network system is one of the major ways financial accessibility and inclusion
Financial inclusion: Affordability and financing for smallholders
Nigeria's financial services sector is failing to meet the needs of the single most important group in its agricultural value chain and perhaps the entire economy: smallholders.
Don advocates financial inclusion to tackle poverty, insecurity, others
A financial expert, Prof, Raphael Igbinosa Adeghe of the Department of Banking and Finance at Igbinedion University, Okada (IUO) has said that financial inclusion remains a potent tool to tackle the rising poverty, insecurity and other socio-economic challenges in the country.
‘Financial inclusion needed to tackle poverty’
Godwin Ehigiamusoe, is the Founder of Lift Above Poverty Organisation (LAPO), a development organisation with programmes and interest in microfinance, health and social empowerment activities.
‘Nigeria needs unified identity system to deepen financial inclusion’
Lack of unified identity system has been identified as one of the major limitations confronting the financial inclusion drive in Nigeria. The Managing Director/CEO Africa Operations, Inlaks, Femi Adeoti, who stated this, said 90 percent of the Kenya population has been included because the country has a unified identity system.
SystemSpecs, NIBOX ink deal to deepen financial inclusion
SystemSpecs, the Nigerian company with interests in financial technology, designs and development of human resource management, (HRM) solutions and NIBOX, a multi-platform payment solution provider, have entered a partnership to extend financial products and services to the banked, under-banked and unbanked in the country.
How, why mobile wallets can deepen financial inclusion
Access to financial services opens doors for families, allowing them to smooth out consumption and invest in their futures through education and health.
The unbanked gap in Nigeria is closing but slowly
Financial inclusion is progressively gaining momentum globally, however, the gains are yet to even up. The 2017 World Bank Global Findex Database report on financial inclusion reveals that over 60 million Nigerians do not have bank accounts. The report ‘The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution’ employed data from a…
The impact of banking crises on consumer trust and financial inclusion
The role trust plays in the drive for an inclusive financial services ecosystem can't be overemphasised. The recent developments in the banking sector have elevated the need to revisit the topic, this time drawing our insights from the body of evidence available. Trust means being confident that a person or an institution will deliver on…
Redefining financial inclusion
We may be going about financial inclusion all wrong… At the core of the global drive for financial inclusion is the understanding that all lives have equal value — everyone should get the opportunity to live wholesome lives in peace and good health, with the ability to pursue their dreams and aspirations. To achieve this,…