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Nigeria: new data from EFInA shows financial inclusion growth

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

For the first time, more than half of Nigerian adults are using formal (regulated) financial services, according to newly published data from EFInA (Enhancing Financial Innovation & Access). The EFInA Access to Financial Services in Nigeria 2020 Survey shows that 51% of Nigerian adults are using formal financial services, such as bank, microfinance bank, mobile […]

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