Banking Agents Increased By 517% In One Year – CBN         The number of banking agents (third party retail outlets contracted by financial institutions to process clients’ transactions) rose from 38, 416 agents in December 2018 to 236,940 agents as of December 2019. This growth in the...

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...