ETranzact Strengthens Financial Inclusion With 10,000 Mobile Money Agents   ETranzact, Africa’s e-payments solution provider, is set to strenghten financial inclusion by expanding its PocketMoni service with 10,000 active mobile money agents, through the Central Bank of Nigeria-funded Shared Agent Network Expansion Facility initiative. The expansion, according...

2020 Financial Inclusion Target Not Feasible, Says CBN   The Central Bank of Nigeria (CBN) has disclosed that the country is “not on track to meet the 2020 targets set out in the National Financial Inclusion Strategy (NFIS) of 2012.” To this end, the CBN has commenced...

Ecobank Takes Financial Inclusion To Tertiary Campuses Thousands of students across various tertiary institutions in the country have been on-boarded on the Ecobank Mobile App, as the lender’s financial inclusion campaign on campuses, titled: “Ecobank Xpress Campus Storm” currently sweeps across the country’s universities and...

To Boost Financial Inclusion, NIMC Targets 70m Identity Numbers   As part of efforts to boost financial inclusion in the country, the National Identity Management Commission (NIMC) has disclosed plan to issue identity numbers to 70 million Nigerians by the end of next year. The country which...

FCMB Promotes Financial Inclusion, CSR     First City Monument Bank (FCMB) has deepened its youth empowerment and development drive by opening a Flexx Hub, specially designed automated branches to cater for the banking needs of students on campuses at the Lagos State Polytechnic (LASPOTECH), Ikorodu. In addition,...

CBN, NCC Sign MoU To Drive Financial Inclusion   As part of moves to strengthen mobile money segment of Nigeria’s information and communications technology (ICT) sector, the Nigerian Communications Commission (NCC), and the Central Bank of Nigeria (CBN), have signed a Memorandum of Understanding (MoU). Inked by...