30 results
- 8 Jun 2018
AfDB Approves $10 million Equity Investment in Financial Sector Deepening Fund
To strengthen the capital base of local financial institutions and stimulate Africa’s corporate bond market, the African Development Bank has approved a US $10-million investment through its…
- 21 Jul 2019
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. Access to credit enables businesses to…
- 8 Feb 2026
EFInA Unveils Research Fellowship Programme to Deepen Financial Inclusion Impact
Enhancing Financial Inclusion and Advancement (EFInA) has selected three fellows for its inaugural EFInA Research Fellowship Programme, an eight-month initiative aimed at strengthening evidence on…
- 10 Dec 2020
9mobile, CBN, Ecobank, Others Brainstorm Deepening Financial Inclusion in Nigeria
As part of efforts to promote financial inclusion among the unbanked and underbanked population in Nigeria, innovative telecoms brand, 9mobile, joined Ecobank, Vanguard Newspapers, Sanef, and other…
- 24 May 2020
New Vista to Deepen Financial Inclusion Beckons with COVID-19
The Covid-19 pandemic is forcing companies, especially those in the financial services sector to rethink their strategies. This is because during the Covid-19 complete lockdown of some parts of the…
- 15 Oct 2024
MoMo PSB Partners Vendy Ltd to Deepen Financial Inclusion with Launch of WhatsApp Shop
As part of its commitment to driving innovation in the digital financial services sector, MoMo Payment Service Bank (PSB) and Vendy Ltd has teamed up with tech firm, Vendy Ltd to introduce WhatsApp…
- 30 Nov 2020
NAMB to Audit MFBs to Deepen Financial Inclusion
The National Association of Microfinance Banks (NAMB) is set to conduct a nationwide audit of all licensed microfinance banks (MFBs) in the country. The move is to help identify MFBs’ operational…
- 30 Mar 2021
SEC Affirms Potential of Non-interest Capital Market in Deepening Financial System
Mr. Lamido Yuguda, the director general of the Securities and Exchange Commission, SEC, has described the non-interest capital market sector in Nigeria as one that is unique and full of potentials to…
- 15 Jul 2019
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,…
- 30 Mar 2022
NowNow Reaffirms Commitment to Deepening Financial Inclusion in Nigeria
Fast-growing fintech and digital banking platform NowNow, has reaffirmed its commitment to drive financial empowerment as well as introduce new products and services to Nigerians. The new products…
- 2 Nov 2023
Robust FinTech Critical for Deepening Financial Inclusion in Nigeria - Maida
Dr. Aminu Maida, Executive Vice Chairman and Chief Executive officer (EVC/CEO) of the Nigeria Communications Commission (NCC), has described the Financial Technology (FinTech) industry as a critical…
- 15 Oct 2015
Over 1Bn Postal Accounts Can Deepen Financial Inclusion- Abianga
Dr. Asuquo Abianga, the area postal manager (APM), Lagos mainland Territory (LMT) of NIPOST, has described the Post as best placed to drive economic, social, financial and digital inclusion of all…
- 18 Jun 2024
Access Bank Commits to Deepening Financial Inclusion
Access Bank has restated that it remains committed to providing access to finance for entrepreneurs in the transportation, agriculture, and health sectors this year. Chizoma Okoli, Its Deputy…
- 17 Nov 2024
Inuwa Tasked Fintech Stakeholders on Collaboration to Deepen Financial Literacy
In line with the present administration’s focus on Reforming the Economy for Sustained Inclusive Economic Growth, Accelerating Diversification through Industrialisation and Digitisation, and…
- 15 Jul 2024
NCC, FintechNGR Renew Commitment to Deepen Nigeria’s Fintech Sector
Following recent engagements with the Securities and Exchange Commission (SEC) and the Central Bank of Nigeria (CBN), the Governing Council of FintechNGR, led by the President, Ade Bajomo, engaged…
- 1 Jul 2024
Stakeholders Urge Fintech Operators to Harness Growth Opportunities in the Sector
Financial industry leaders have urged financial technology (fintech) firms to maintain trust, balance performance, and compliance in a digital age to harness opportunities in the sector. The…
- 19 Apr 2015
IFC, Mastercard Deepen Partnership to Boost Financial Inclusion
IFC, a member of the World Bank Group, and MasterCard have signed an agreement to establish a risk-sharing facility, which is expected to provide millions of people in emerging markets access to…
- 21 Nov 2025
CBN’s N75 Trillion Credit Milestone to Private Sector Falls Flat as Productivity Crisis Deepens
By Blaise Udunze Nigeria’s financial system is flashing red, and not because of a scarcity of money. Ironically, the Central Bank of Nigeria (CBN) and the nation’s banking proudly tout a historic…
- 11 Apr 2022
Nigeria’s Financial Markets Receive Boost from UK-aid via FSD Africa
Nigeria’s financial markets have been boosted by a series of announcements and commitments by Financial Sector Deepening (FSD) Africa, a specialist development agency working to strengthen financial…
- 11 Jun 2026
NITDA, NISO Move to Deepen Digital Transformation in Power Sector
National Information Technology Development Agency (NITDA) and the Nigerian Independent System Operator (NISO) are set to collaborate on initiatives aimed at accelerating digital transformation in…
- 28 Sept 2010
Financial Analyst Urges Insurance Companies to Deepen Penetration
Retired bank treasurer, Chief Donatus Mohammadu has charged Nigerian insurance operators to use innovative ideas and strategies to deepen the penetration of the industry to complement the banking…
- 15 Jul 2016
Efina Boosts FCMB’s Financial Inclusion Project with $2m Grant
Enhancing Financial Innovation & Access (EFInA),a financial sector development organization has announced the release of an Innovation Grant in the sum of $2,000,000 (Two million US Dollars…
- 3 Feb 2017
AfDB , AFI Sign MoU to Enhance Financial Services
African Development Bank (AfDB) and the Alliance for Financial Inclusion (AFI) signed a Memorandum of Understanding (MoU) to enhance access to quality financial services on the continent. The…
- 9 Aug 2015
Revealed: Rosabon Study Shows Nigeria Loan Financing Over 5 Years
In the financial sector, there has been continued improvement in performance as the reforms carried out by the Central Bank of Nigeria (CBN) to evolve dynamic financial system continued to have…
- 3 May 2021
CBN, Stakeholders Seek Collaboration among MFBs on Micro-insurance
The Central Bank of Nigeria (CBN) and financial sector experts have called for collaborative efforts among microfinance banks (MFBs) in order to promote micro-insurance as a tool for deepening…
- 5 Sept 2018
GSM Operators Commit to Expand Financial Inclusion to 90 million Nigerians
The four GSM operators have agreed to clearly articulate their commitment to deepening financial inclusion and providing Nigerians with access to a range of affordable financial services. They also…
- 8 Nov 2017
EFInA Survey Shows 58.4% Nigerian Adults Now Financially Served
By peter oluka In a bid to reduce poverty and achieve inclusive economic growth in Nigeria, Enhancing Financial Innovation & Access (EFInA), a financial sector development organization hosted a…
- 15 Oct 2023
Interswitch’s TechConnect 3.0 Ends on Highnote
Integrated payments and digital commerce company, Interswitch, has reiterated its long-standing dedication to driving the growth of the digital payment ecosystem at the TechConnect 3.0 event recently…
- 20 Aug 2024
Kola Aina Joins EFInA Board
Enhancing Financial Innovation & Access (EFInA) Limited has announced the appointment of Kola Aina, Founding Partner and General Partner of Ventures Platform, Africa’s leading seed-stage venture…
- 6 Jul 2022
IFC Invests in Wave to Boost Access to Digital Financial Services in West Africa
To spur financial inclusion and support economic growth in Senegal and Côte d'Ivoire, IFC today announced an investment in Wave Mobile Money S.A. (Senegal) and Wave Côte d'Ivoire S.A., mobile money…