Stories – Financial Inclusion Nigeria.

EFInA: Financial exclusion rate drops to 36.8 per cent

Oct 7, 2019

—

by

The global pursuit of financial inclusion as a vehicle for economic development has yielded positive impact in Nigeria as the exclusion rate has reduced from 53 per cent in 2008 to 36.8 per cent in 2018. Despite overall progress, gender gap still remains. According to the EFInA Access to Financial Services in Nigeria, 57 per…

Financial Inclusion- Illiteracy, an induced impediment.

Jun 11, 2019

—

by

admin

in Financial Education, Microfinance, Microinsurance, Micropension, Stories

Samson .T Jola-Michael: Financial Inclusionist. A common attribute of the financially excluded population is illiteracy except on few occasions. According to Oxford dictionaries; Illiteracy means inability to read or write. Our society has magnified this inability and made it become an impediment in interacting with the financial sector; since we often unconsciously specify the interpretation…

Financial technology is driving financial inclusion.

May 30, 2019

—

by

admin

in Stories, Tech

The rise in technology development, coupled with the growing need to create financial solutions that are capable of meeting current financial challenges, has birthed what has come to be referred to as Financial Technology (FinTech). It synthesises both the financial and technology sector.According to Enhancing Financial Innovation and Access (EFInA), a financial sector development organisation that promotes…