Ecobank Nigeria launches Xpress Save-Xpress Loan to deepen Financial Inclusion
Leading retail banking giant, Ecobank Nigeria has unveiled new digital two-in-one product offering, Xpress Save and Xpress Loan, enabling customers to conveniently and speedily open digital savings accounts. Customers can access the new offerings which gives room for short-term micro…
(Special Report) Technologies turning banking halls empty?
Since the soaring deployment of innovative financial technologies (Fintech), the future of banking have started drifting from mere physical structures with bankers glued to their computers serving people on the line to terminals of financial deals without human interface, but…
Eyowo Payment platform working on easing business operations in Nigeria
Leading indigenous financial technology and 360 financial solution platform, Eyowo Integrated Payment Limited has launched the ‘Boost Your Business with Eyowo retail/business workshop series’ in Lagos. Themed “Driving Business growth with data,” the workshop is aimed at creating an avenue…
Synergy between telecoms, banking sectors can soar financial inclusion—Danbatta
The Executive Vice Chairman and Chief Executive (EVC/CE) of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has called for strategic synergy between the telecommunications and banking sectors, saying the former remains the best enabler in expanding the frontiers of…
CBN gives cashless policy human face, brushes down charges on financial services
Following endless complains against rising bank transaction charges on Nigerians at a time the Federal Government is pursuing financial inclusion and digital economy principles, the Central Bank of Nigeria (CBN) on December 20, 2019 released two (2) regulatory guidelines to…
Appealing digital products best for financially excluded Nigerians—Jalo-Waziri
…As DMO seeks literacy advocacy for the grassroots’ More expert views are still coming in to drive financial inclusion ahead of target year of 2020 when the country is expected to be on the pedestal of full financial inclusion in…
Can CBN truly achieve 80% financial inclusion by 2020 from current 39%?
Unless the Central Bank of Nigeria (CBN) is going to adopt the yet-to-believe Nigerian Communications Commission’s (NCC) latest data that Nigeria has all of a sudden achieved 30.9 per cent broadband penetration to claim by 2020 that it has achieved…
Diamond Bank boss, Dozie says identity inclusion first before financial inclusion
The Managing Director of Diamond Bank Plc, Uzoma Dozie, has raised fresh policy direction to the nation’s drive to financial inclusion, saying “It is not about financial inclusion but identity inclusion”. In an interview, Dozie averred that “Identity inclusion is…
ALTON, MNOs draw roadmap to financially include 90m in 30 months
…Seek direct involvement in mobile money sub sector Umbrella body of all the main network operators (MNOs), the Association of Licensed Telecommunications Operators of Nigeria (ALTON) has drawn a fresh roadmap that will catapult financial inclusion to 90 million Nigerians…
CBN indicts FG, banks’ over observed failure in deepening financial inclusion
At a time financial inclusion penetration is seemingly weak, the Central Bank of Nigeria (CBN) has listed factors that suggest failures on the side of the federal government and commercial banks as key reasons for the low feat. In his…
