SPECIAL REPORT: How introduction of N50 charge on POS transaction threatens Financial Inclusion
“We usually charge N100 – N150 on N5000 before, but we have added N50 to it, so we collect N200. Do not forget that POS charge too is there. It is becoming challenging.”
Nigerian government trains women farmers in financial literacy
80 women picked from across the six geo-political zones are p[articipating in the project.
AfDB calls for increased access to finance for women
“From now on, we shall be grading every African financial institution for how well it helps women.”
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.
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.
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.
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.
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.
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.
German agency trains Nigerians on financial literacy
The training programme, which held in Abuja on Wednesday, had participants drawn from across the country.
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.
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.
Firm launches app to aid financial inclusion in Nigeria
The App will also provide encrypted messaging service for users.
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 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.
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.
‘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.
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.
‘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.
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.
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.