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Mercy Corps, MTN synergise on cash transfer


“Of the participants that will be given cash transfers, 1,570 youths will receive funds to help them start a business after undergoing vocational training like automobile repairs, agribusiness, fashion designing, food business, and phone repairs, among others,” said Byamukama during the signing ceremony in Abuja.
The Country Director of Mercy Corps, Ndubuisi Anyawu, said the partnership was to ensure the financial inclusion of victims of the conflict in Northeast in a safe and dignified way.
The CEO, Y’ello Digital Financial Services, Usoro Usoro, said his organisation is committed to ensuring that every Nigerian is able to seamlessly access financial services for their personal and business needs. ....

Abuja Federal Capital Territory , Ndubuisi Anyawu , Tassin Petzer Cecile , Mercy Corps , Yello Digital Financial Services , European Union , Y Ello Digital Financial Services , Building Resilience , Complex Crisis , Programme Director , Dez Byamukama , Country Director , கூட்டாட்சியின் மூலதனம் பிரதேசம் , கருணை கார்ப்ஸ் , எழிலோ டிஜிட்டல் நிதி சேவைகள் , ஐரோப்பிய தொழிற்சங்கம் , ய் எல்லோ டிஜிட்டல் நிதி சேவைகள் , கட்டிடம் விரிதிறன் , சிக்கலான நெருக்கடி , ப்ரோக்ராம் இயக்குனர் , நாடு இயக்குனர் ,

How innovation is pushing Nigeria's financial inclusion drive [Opinion]


Vanguard News
How innovation is pushing Nigeria’s financial inclusion drive [Opinion]
On
By Victor Ilo
NIGERIA has come a long way in its financial inclusion pursuit. From 2012 when the Central Bank of Nigeria, CBN, initiated the Nigerian Financial Inclusion Strategy, NFIS, till almost 10 years later, a lot has happened.
One of the advancements is a service which enables customers to withdraw cash via mobile money agents from their bank accounts without the use of an Automated Teller Machine, ATM, or card. This cardless cash withdrawal service utilises a secure gateway that protects customers against fraudulent transactions and requires validation using their bank PIN. ....

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Propelling Financial Inclusion in Nigeria - The journey so far


Just a decade ago, Nigeria was heavily dependent on the traditional banking model for financial services and transactions. The need to transform the industry was obvious. In the eastern part of Africa, Kenya had begun the financial turn with M-Pesa. Launched in 2007, the service allows users to pay bills and send money through mobile phones or an agent network, regardless of whether they have bank accounts. As a result, the service impacted access to economic services with financial inclusion in Kenya rising from 27% in 2006 to 83% in 2019.
In 2012, Nigeria took major steps in its journey by launching the National Financial Inclusion Strategy (NFIS). The main goal of the NFIS is to ensure that 80% of Nigerian adults are financially included by 2020. Before this, the formal use of financial services by the adult population stood at 36.3% in 2010. To achieve the 2020 goal, the Central Bank of Nigeria (CBN) also introduced agent banking guidelines to operators. The guidelines all ....

Augusto Co On Consumer Digital Banking , Yello Digital Financial Services , Access To Financial Services , Central Bank , National Financial Inclusion Strategy , Financial Services Survey , Enhancing Financial Innovation , Consumer Digital Banking , Y Ello Digital Financial Services , Momo Agent , அகஸ்டோ இணை ஆன் நுகர்வோர் டிஜிட்டல் வங்கி , எழிலோ டிஜிட்டல் நிதி சேவைகள் , நுழைவு க்கு நிதி சேவைகள் , மைய வங்கி , தேசிய நிதி சேர்த்தல் மூலோபாயம் , நிதி சேவைகள் கணக்கெடுப்பு , மேம்படுத்துகிறது நிதி கண்டுபிடிப்பு , நுகர்வோர் டிஜிட்டல் வங்கி , ய் எல்லோ டிஜிட்டல் நிதி சேவைகள் ,