Browsing Tag
Financial Inclusion
17 posts
Depositors face partial recovery as CBN shuts 46 microfinance banks
Bank Customers’ Association of Nigeria President Dr. Uju Ogunbunka warns that the revocation of 46 microfinance bank licenses will cause widespread financial hardship, incomplete deposit recovery, and a potential decline in national financial inclusion.
eTranzact expands financial access in Ogun State
eTranzact is expanding its PocketMoni financial services in Ogun State, deploying 1,000 agents and thousands of terminals to improve local banking access.
Hidden Banking Fees and the Erosion of Digital Payment Trust in Nigeria
Unexplained bank deductions are causing widespread consumer frustration in Nigeria, raising concerns that a lack of transparency in digital payment fees may be damaging public trust in the formal banking sector.
FCMB Launches Enhanced Mobile App Featuring Loyalty Rewards and Digital Upgrades
FCMB has updated its mobile banking app with a reward points system, lifestyle subscriptions, in-app investment tools, and instant virtual card services to enhance customer convenience.
FirstBank Partners with Imo State to Advance OKOBI Entrepreneurship Scheme
FirstBank is supporting the Imo State Government’s OKOBI initiative, a program focused on building community-based businesses to create 100,000 jobs.
OPay and the Expansion of Financial Access Across Nigeria
OPay is playing a critical role in Nigeria's push for financial inclusion by providing accessible, reliable, and secure digital payment solutions to millions of citizens, including those in underserved regions.
OPay Grows Nigerian Footprint With New Kaduna Branch
OPay has officially opened a new office in Kaduna State, aiming to boost local financial inclusion and provide better support for merchants and customers in the region.