Mckinsey & Co official reveals 3 factors shocking financial inclusion in Nigeria
Three key obstacles have been identified as major challenges in the effective penetration of financial inclusion in Nigeria. The factors, according to an Associate Principal at Mckinsey and Company, Ms. Topsy Kola Oyeneyin, are “widespread digital infrastructure, dynamic financial services…
IFC traces failure of financial inclusion to CBN’s 2009 Mobile Money guidelines
Leading international financial services group, the International Finance Corporation (IFC), has traced the rather too sluggish speed of financial inclusion in Nigeria to the mistake made by the Central Bank of Nigeria (CBN) in crafting its Mobile Money guidelines of…
Less access points frustrating ATM, POS usage—Experts
Experts in financial inclusion and digital transactions have revealed the reasons behind dwindling usage of payment platforms like Point of Sale (POS) and Automated Teller Machines (ATM) nationwide. Explaining the key reasons causing the hiccups, C-Founder of Lidya Group, Ercin…
