Financial Inclusion

Mr Danbatta said that 35 million Nigerians have no access to telecommunications services and by implication, they lack access to digital financial services.

Aella has made a visible impact on the lives of more than 300,000 borrowers across its Employer Backed and Direct to Consumer Verticals, who now have access to simple financial products.

“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.”

80 women picked from across the six geo-political zones are p[articipating in the project.

“From now on, we shall be grading every African financial institution for how well it helps women.”

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

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

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

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

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

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

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

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

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

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

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

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

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

The App will also provide encrypted messaging service for users.

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.

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

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