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Financial inclusion

CBN Tasks Fintechs on Financial Inclusion

The Deputy Governor, Financial System Stability, Central Bank of Nigeria, Mrs. Aishah Ahmad, yesterday charged financial technology companies (fintechs) to contribute in the drive to enhance financial inclusion in the country. This is just as the Managing Director, Ecobank Nigeria Limited, Mr. Patrick Akinwuntan, has...

How FirstBank Fintech summit is contributing to bridge Nigeria’s financial inclusion

By Bala Augie As financial solution providers continue to face stiffer competition globally from Fintech startups and emerging technologies such as blockchain, cryptocurrency and crowdfunding, and the increasing level of disruption in the traditional mode of payment and business models, technology holds the key to...

Gains in Financial Inclusion, Gains for a Sustainable World

An MTN mobile money subscriber providing an electronic signature while having her identity verified through a mobile device in Abidjan, Côte d’Ivoire. © Nyani Quarmyne/IFC Mary Banda in Zambia runs a small restaurant in one of Lusaka’s oldest markets. Before she learned that financial...

Nigeria: First Bank Targets 500,000 Agents to Boost Financial Inclusion

With a view to enhance financial inclusion across the country, First Bank of Nigeria Limited has announced its drive to get up to 500,000 operators on board its agent banking platform. This was disclosed at the opening ceremony of the 12th Annual Conference...

Leveraging e-payments, digital innovation for trade, financial inclusion

By Oluwafunke Ishola There is no doubt that technology has revolutionised the banking industry, particularly mobile and the Internet, as bank customers continue to embrace electronic payment for financial transactions. Indeed, individuals and businesses now crave e-payment platforms mainly due to the immense economic benefits they...

Financial inclusion will aid economic growth, says SEC

Securities and Exchange Commission (SEC) has reiterated its commitment to pursuing initiatives that would aid financial inclusion of Nigerians as this is capable of growing the nation’s economy. Acting Director General, Securities and Exchange Commission (SEC,) Ms. Mary Uduk stated this in her remarks at...

FirstBank partners Nigerian Army to deepen financial inclusion

By Saidu Adamu The Nigeria Army in conjunction with First Bank of Nigeria Limited on Tuesday launched “Agent Banking Scheme” for army personnel at the 20 Battalion Serti in Taraba. The Chief of Army Staff, Lt. Gen. Tukur Buratai explained that the aim...

Access Bank encourages teenagers to play, learn and save

For every young Nigerian, the teenage years arguably represent the most important stage in setting goals – education, career, family and clear plans for the future. As a result, Access Bank is paying attention to teenagers, by ensuring that they imbibe the right...

Nigeria spur competition between banks telcos on cash deposits, mobile money transactions

By Yinka Ibukun and Emele Onu Regulator plans to allow grocers to take deposits, move cash Lending, however, will still only be available through banks Telecommunications firms, including MTN Group Ltd., are now interested in applying for licenses that will allow them to create units that...

Go cashless this summer with FirstBank visa multi currency card

Lagos, First Bank of Nigeria Limited, Nigeria’s premier and leading financial services provider, has introduced the Visa Multi Currency Card, an All-in One-Card and first of its kind to be offered by any financial institution in Nigeria. This card can be linked to...
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