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Investors Gain N60bn As Financial Services Lead

Investors Gain N60bn As Financial Services Lead   The financial services sector has continued its dominance of trading activities in the equity market as it cornered 71.82 per cent of stocks traded (in terms of quantity) on the Nigerian Exchange Limited in the past week. This...

CBN Says 36 million Nigerians Lack Access To Financial Services 

CBN Says 36 million Nigerians Lack Access To Financial Services    The Director of Information Technology at the Central Bank of Nigeria, Rakiyat Mohammed, has said that about 36 million Nigerians currently have zero access to financial services. Mohammed, who spearheaded the development and deployment of the...

W/Bank Says 1.7bn Adults Lack Access To Financial Services

W/Bank Says 1.7bn Adults Lack Access To Financial Services           World Bank report says 1.7 billion adults worldwide are unbanked. About half of unbanked people include women poor households in rural areas or out of the workforce. Being able to access to a transaction account is a...

Financial Services Can Attract $10bn Through Blockchain – NITDA

Financial Services Can Attract $10bn Through Blockchain – NITDA       The financial services sector in Nigeria has the capacity to attract about $10bn to the nation’s economy through adequate deployment of blockchain technology, the Nigeria Information Technology Development Agency said on Thursday. Director-General, NITDA, Kashifu Inuwa, told...

COVID-19 Restrictions: FG Grants Exemptions to Banks, Financial Services.

COVID-19 Restrictions: FG Grants Exemptions to Banks, Financial Services. The Minister of Finance, Budget and National Planning Mrs Zainab Ahmed and the Central Bank Governor Mr Godwin Emefiele have obtained exemptions for banks and other financial services for the restrictions earlier placed by Mr President...

W’Bank: Only 20% of Muslims Have Access to Financial Services

The Vice President and Treasurer of the World Bank, Arunma Oteh has disclosed that less than 20 per cent, which is approximately 1.6 billion Muslim population across the world have access to financial services. According to her, the growing products in Islamic finances are capable...