Financial Inclusion

Central Bank of Nigeria (CBN)

Financial Inclusion: Nigerian firm launches Eyowo to ease financial dealings

The CEO of Softcom, Tomi Amao, said Eyowo will help to deepen financial inclusion in Nigeria.

L-R: Hugo Cuevas; President and CEO of Mohr World Consulting, Eugenio Nigro; the Vice President of Business Development and Remitly, Natalia Roldugina; HEad of Business Development, SMall WOrld (UK) and Rafael Ubilla; Rigional Director, More Money Transfers (Uruguay) during an panel discussion on the perspectives of International Money Transfer Operators (IMTOs) that operate in West Africa.

IMTC Africa: Financial experts, fintechs, others discuss money transfers, cross-border payments

The three-day IMTC event held in Lagos, Nigeria from September 24 to 26.


Dangote to assist 106,000 women with N1.1 billion

The Dangote initiative is in continuation of its micro-grant programme aimed at poverty amelioration through economic empowerment of women.

Central Bank of Nigeria (CBN)

Nigeria approves three new ‘Payment Service Banks’

An official says the approval was in line with its objective of enhancing financial inclusion in the country.

Racheal breaking stone

Suleja heroines who break stones for peanuts

Women and young girls speak about why they adopt manual stone breaking as a daily job.


MTN’s MoMo Agent plans to aid financial inclusion in Nigeria

MTN joins the ongoing efforts to accelerate the CBN’s drive for financial inclusion.

Pupils during the feeding programme

SPECIAL REPORT: How Buhari’s School Feeding Programme improves human capital, women’s financial inclusion in Katsina

Premium Times monitored the implementation of the programme in the North-west Nigerian state.

Some N-Power beneficiaries

How N-Power is spurring beneficiaries into owning businesses in Ebonyi

Despite reported hitches, beneficiaries and officials say the programme has had a positive impact on the society.

The German Development Cooperation, Deutsche Geselischaft for Internationale Zusammenarbelt (GIZ)

German agency trains Nigerians on financial literacy

The training programme, which held in Abuja on Wednesday, had participants drawn from across the country.


MTN Nigeria gets CBN super agent licence

The licence will enable MTN to convert their existing airtime agents and recruit other small businesses to distribute financial services.

Some N-Power beneficiaries

Nigerian govt sacks 2,525 N-Power beneficiaries who absconded from duty

The official said 18,674 other beneficiaries of the initiative have voluntarily resigned, having secured permanent employment.

Some N-Power beneficiaries

SPECIAL REPORT: How N-Power beneficiaries abscond from duty, abuse opportunity in three states

The scheme, which was initiated to bring relief to thousands of youth, is being abused by some beneficiaries in Adamawa, Kano and Katsina.


Mobile phone triggers fundamental shift in financial services – Experts

The Managing Director, Adia Sowho, disclosed this at the Digital PayExpo Conference and Exhibition in Lagos.

Hollaport Technologies CEO Kabiru Rabiu, at the unveiling of the Hollaport App.

Firm launches app to aid financial inclusion in Nigeria

The App will also provide encrypted messaging service for users.

Female porter in Tomato Field, Mile 12, Lagos

SPECIAL REPORT: Inside the lives of struggling ‘alabaru’ at Lagos markets

Every day, dozens of women across major markets in Lagos help buyers move heavy loads from their point of purchase to their vehicles or places where they could use public transportation.

NIPOST Lekki Post Office [Photo: The Guardian NG]

NIPOST to be unbundled to six new firms – Ex-minister

The government also plans to establish micro-finance banks in all the 774 local government areas of the country through NIPOST.

One of the women farmer Christiana Ibrahim, standing by her firewood stall.

SPECIAL REPORT: Abuja communities where women farmers are unbanked

Many low-income farmers in rural Abuja communities speak of their non-use of financial institutions.

Central bank of Nigeria (CBN)

‘Breasts on lantern’: CBN speaks on banks’ ‘inhumane, unethical debt recovery practices’

The CBN says it does not approve of the unethical and embarrassing methods deployed by the said banks to recover debts.

First Bank ATM used to illustrate the story.

How Nigeria’s financial inclusion targets, SDGs have fared so far

Building inclusive financial systems has become an important objective for policymakers around the world.

Ishola, one of the loans benefactor, holding a clipper in his shop in Ibadan.

‘Breasts on lantern’: Agonies of borrowers of Nigerian micro-credit loans

The report details the pains Nigerians (especially defaulters) go through while paying back loans given by some micro-finance banks in the South-west.

First Bank ATM used to illustrate the story.

Sallah: Bank customers decry poor network, insufficient funds in ATMs

Many customers were seen stranded and on long queues at ATMs, waiting to make different transactions.

Sa'idu Ali, Vegetable seller, Tradermoni beneficiary at Yan Tipper market in Dutse, Jigawa State.

SPECIAL REPORT: How Buhari’s Tradermoni, CCT, could ‘ve raised financial inclusion

The CCT involves the payment of N5,000 monthly, paid bi-monthly, to the poorest Nigerians, mostly in rural communities.


Buhari administration to scale up Tradermoni, N-Power, others – Official

Mrs Uwais said that the administration would build on the successes of the programmes to put smiles on the faces of more Nigerians.

5. Wheat farm in Wurno

How Buhari’s ABP programme improved financial inclusion among rural, illiterate farmers

The investigation shows that literacy, economic empowerment among the local population in the north would help deliver greater impacts in terms of financial inclusion.

A tired "Baba" heading home after work on the farm.

SPECIAL REPORT: Inside the world of Nigeria’s financially excluded farmers

Many farmers across Nigeria are unbanked. They share their stories in this special report.