Business Headlines

New data from EFInA shows some financial inclusion growth but need for more action

Ihesiulo Grace 4 June 2021 0

By Joy Obakeye Nigeria has fallen short of the National Financial Inclusion Strategy targets for 2020, the latest report by Enhancing Financial Innovation & Access (EFInA) has revealed. Statistics from the EFInA show that the strategy sets targets for overall financial inclusion, that

Business

Financial inclusion: FirstBank leverages technology to promote virtual bank account opening

Ihesiulo Grace 30 May 2020 0

As part of efforts to enhance financial inclusion in the country, First Bank of Nigeria Limited, on Friday said it has reinforced its technology infrastructure to enable anyone in the country open a FirstBank account through their mobile phones, without visiting any of its branches nationwide. The lender explained that the investment in its mobile […]

Money

Sterling Bank clicks best financial inclusion company

Ihesiulo Grace 28 November 2017 0

Sterling Bank Plc has won the best company in financial inclusion award at the SERAs CSR Africa 2017 awards held recently in Lagos. The theme of this year’s edition of the awards is transformation sustainability: From Social Responsibility to Social Impact. The award was received on behalf of the bank by Mr. Olufemi Ojo-Omoniyi, Head, […]

Capital Market

SEC, Fund Managers work on E-Transfer to boost financial inclusion

Ihesiulo Grace 5 December 2016 0

The President of Fund Managers Association of Nigeria (FMAN), Dr. Ore Sofekun, has said that the association is working with the Securities and Exchange Commission (SEC) on electronic transfer of funds in order to boost financial inclusion. Speaking at the annual workshop of Capital Market Correspondents Association of Nigeria (CAMCAN) held in Badagry, Lagos at […]