CBN, Experts Urge Microfinance Banks To Boost Financial Inclusion         The Central Bank of Nigeria and financial sector experts have called for collaborative efforts among microfinance banks to promote the expansion of micro-insurance as a tool for deepening financial inclusion. They made the call at the sixth...

CBN, NIBSS Launch Quick Response Code To Boost Financial Inclusion       The Central Bank of Nigeria (CBN) and the Nigeria Interbank Settlement System Plc (NIBSS) and all deposit money banks (DMBs) have collaborated to launch the NQR, a Quick Response (QR) Code-driven payment solution to aid...

"Financial Inclusion May Worsen Next Decade"     Compared to Nigeria’s ambitious targets, national financial inclusion outcomes are weak by every measure and may worsen in the next decade. The Bill and Melinda Gates Foundation stated this in a report titled ‘Nigerian payments ecosystem and financial inclusion: Landscape...

Nigeria Far From Financial Inclusion Target – CBN Report       A report by the Central Bank of Nigeria and the Enhancing Financial Innovation & Access has said that Nigeria is far from achieving its financial inclusion target in 2020. The CBN disclosed this in the report titled...

THE POST: A VERITABLE PARTNER FOR FINANCIAL INCLUSION AND REGIONAL INTEGRATION By Ifeanyi Ejiofor   Recently, Nigeria joined 54 other member-states of the Pan African Postal Union (PAPU) to celebrate the pan African Post Day which also marked the 40th Anniversary of the Union established on 18th...

Financial Inclusion: 15 Mobile Money Operators Gets CBN's Licenses   The Central Bank of Nigeria has issued licences to 15 mobile money operators as part of its drive towards increasing financial inclusion. To further address the observed absence of a widespread agent network, and concentration of agents...