30 results
- 17 Aug 2013
Mobile Money Shunned by Unbanked Nigerians
The NOI polls recently has found that mobile money scheme has not been embraced by the unbanked Nigerians. Mobile money service is targeted at a particular group of people, the rural areas, the…
- 12 Jan 2017
Dozie, Diamond Bank MD, Urges Use of Tech to Empower Unbanked Nigerians
Mr. Uzoma Dozie, Managing Director/CEO, Diamond bank Plc, has said that technology remains the best way to empower and bring the unbanked Nigerians into the banking system. He explained that one of…
- 22 Dec 2021
We’ll Use Tech to Capture 60 million Unbanked Nigerians - Hainy
A digital bank, FairMoney Microfinance Bank, has said it will use technology to capture over 60 million Nigerians who are not in the financial system. Laurin Hainy, the Co-Founder/Chief Executive…
- 10 May 2026
PAFON 3.0: Agency Banking Key to Reaching Millions of Unbanked Nigerians – AMMBAN
Dr. Obioha Oti, National President of the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN), has described agency banking as Nigeria’s most critical last-mile channel for achieving…
- 7 Oct 2022
Glo Launches MoneyMaster to Service Unbanked, Under-banked Nigerians
The Central Bank of Nigeria (CBN) has licensed Globacom’s MoneyMaster PSB, to foster the inclusion of millions of unbanked and under-banked Nigerians into the financial services ecosystem. The…
- 17 Nov 2022
Nigerian Fintech Solution Introduces Bill Payment for the Unbanked Population
A recent report by EFInA shows up to 38 million Nigerian adults, translating to about 36% of the total adult population in the country, were financially excluded. Against this backdrop, MoMo Bill…
- 23 Jun 2018
CBN Puts Unbanked Population @ 37%
Barely two years to the 2020 target to reduce unbanked Nigerians to 20 per cent the Central Bank of Nigeria (CBN) has said the country’s unbanked population currently stands at 37 per cent. Mr Dipo…
- 13 Oct 2017
TEDxIkeja: Adeti, Inlaks CEO Shows How to Achieve Financial Inclusion in Nigeria
By peter oluka How the army of unbanked Nigerians could come into the formal financial space would be the subject of discussion when the CEO of Inlaks, Femi Adeoti, speaks at the 2017 edition of…
- 5 May 2009
Oceanic Bank Showcases Outreach Programme at Aitec Conference
Oceanic Bank’s strong commitment to extending financial services to the majority of unbanked Nigerians has resulted in it taking lead sponsor position in this year’s Aitec Banking &…
- 20 Sept 2021
NDIC Reiterates Commitment to Tap Savings Culture of Unbanked Poor
Nigeria Deposit Insurance Corporation (NIDC) has said that it remains committed to tap savings culture of unbanked active poor Nigerians in order to improve their financial inclusion and accelerate…
- 28 Sept 2015
Clash between Telcos, Banks Hobbles Mobile Money Growth
Individualities of banks and telecommunications service providers are hindering partnerships to reach millions of the unbanked and underbanked Nigerians under the financial inclusion scheme.…
- 15 Feb 2019
How Fintechs Are Closing the Banking Gap
By Adeniyi Ogunfowoke, Over 60 million Nigerians are unbanked. This simply means there is a huge banking gap that needs to be bridged. Unfortunately, a large population of the unbanked or underbanked…
- 19 Apr 2020
Ecobank Promotes Instant Account Opening
Ecobank Nigeria is encouraging unbanked and underbanked Nigerians which include artisans such as mechanics, carpenters, electricians, small scale retailers, transporters and others who depend on…
- 5 Jan 2021
Shago Payments Launches e-Commerce Platform, Online Payment
Shago Payments has finally launched its bill payment and e-commerce platform, Shago, into the Nigerian financial sector to serve the banked, unbanked as well as the underserved in the country and…
- 22 Aug 2016
SunTrust Bank to Capture 113m Internet Users
SunTrust Bank said that it hopes to leverage on its technology services to make its services available to the over 113 million Internet and telephone phone users in the country’s telecommunications…
- 30 Oct 2014
Glo Recruits over 2000 Agents for Mobile Money
Globacom, telecoms service provider, has rounded off Town Hall trainings for prospective Glo Xchange agents with sessions in Sokoto, Katsina, Ekiti and Ebonyi States, bringing the total number…
- 20 Mar 2019
Fidelity Bank Splashes N13m on Loyal Customers in GAIM Promo
Fidelity Bank Plc., yesterday splashed 12 of its loyal customers with N13 million at the fifth draw of Get Alerts in Millions (GAIM) season three. The promotion was designed to enrich customers and…
- 5 Oct 2022
MoMo Bill Payment: What it is and why to use it
Payments are a necessity for both individuals and businesses. The need to make payments is perhaps the one thing all customers have in common. Daily, individuals and businesses pay utility bills such…
- 16 Sept 2025
FG’s New Tax ID Could Frustrate Financial Inclusion Efforts- Omoyele
Dr Daramola Omoyele, an economist and data analyst has warned that the introduction of a Tax Identification Number (TIN) under Nigeria’s new taxation legislation could compromise efforts towards…
- 20 Dec 2012
Nipost Set to Offer Mobile Money Services
Mrs. Omobola Johnson, minister of Communication Technology has said that Nigeria Postal Service (Nipost) will compete with banks and mobile money operators to offer financial services to Nigerians…
- 18 Oct 2022
Chief Commercial Officer of Itex, Adekunle Adebiyi Highlights Role of Fintech in Financial Inclusion
Adekunle Adebiyi, Chief Commercial Officer at Itex Integrated Services Ltd, spoke extensively on the impact of fintech and Nigeria’s financial inclusion goals, in a recent interview on popular Lagos…
- 20 Oct 2021
MFS Africa Acquires Baxi, Expands into Nigeria
MFS Africa, has announced a signed agreement to acquire Nigeria’s super-agent networks, Baxi. “Nigeria is home to one of the most dynamic markets on the continent; it is Africa’s largest economy and…
- 8 Sept 2022
NowNow Raises $13m Seed Funding to Promote Financial Inclusion Across Africa
Fast-growing Nigerian fintech startup, NowNow Digital Systems has raised $13 million in its seed round to improve financial inclusion across Africa by providing financial services to the unbanked and…
- 23 Dec 2025
After the Capital Rush: Who Really Wins Nigeria’s Bank Recapitalisation?
By Blaise Udunze By any standard, Nigeria’s ongoing bank recapitalisation exercise is one of the most consequential financial sector reforms since the 2004-2005 consolidation that shrank the number…
- 29 Jun 2017
Paga Achieves Global Ranking on 2017 Fintech 250 List
Paga, Nigeria’s leading Payments and Digital Financial Services Company has been named by CB Insights to the prestigious Fintech 250, a select group of emerging private companies working on…
- 20 Oct 2016
GITEX: SystemSpecs Releases Remita Mobile Version, Targets Expansion
SystemSpecs is to release the mobile version of Remita e-payment and e-collection platform before year-end, as it targets Pan-African expansion From their smart and feature phones, millions of…
- 6 Feb 2023
Hope PSBank Launches Cashless Initiative
A digital bank, Hope PSBank, a Unified Payment Services Limited subsidiary, has commenced a community inclusion initiative to support the Central Bank of Nigeria’s naira redesign policy. Speaking at…
- 23 Oct 2025
Smartcash Redefines Digital Banking with Zero-Charges on Transfers, Bills, and SMS Alerts
Smartcash Payment Service Bank (Smartcash PSB), a subsidiary of Airtel Nigeria, has announced Zero-Charges , a total removal of transaction fees across all interbank transfers, bill payments, and SMS…
- 3 Dec 2016
Wema Bank, Etisalat Launch Bespoke Account for Nigerian Youth
Wema Bank and Etisalat Nigeria have partnered to introduce WemaEasySavers, a Tier-1 savings account aimed to ensure financial inclusion for more Nigerians especially the youth. The…
- 9 Dec 2016
Wema Bank, Etisalat Launch Bespoke Account for Nigerian Youth
Wema Bank Plc, one of Nigeria’s foremost financial institutions and Etisalat Nigeria have partnered to introduce WemaEasySavers, a Tier-1 savings account aimed to ensure financial inclusion for more…