CBN targets to reduce financial exclusion to 20% by 2020
15 November 2017 |
5:34 am
The Financial Inclusion Secretariat of the Central Bank of Nigeria's core mandate is to reduce the percentage of adult Nigerians that are excluded from financial services from 46.3 per cent in 2010 to 20 per cent by 2020.
Related
Related
11 Apr
Some countries in Europe have begun to ban short-haul flights to cut emissions. Will other countries follow? And — can these bans make a real difference?
15 Apr
Here's what's been making the business headlines in sub-Saharan Africa this week.
13 Apr
Nigeria’s Minister of Finance, Wale Edun says 4.83 trillion naira from T-Bills and Bonds issued in the first quarter of this year was used to pay part of the Ways and Means advances from the Central Bank of Nigeria. Sam Chidoka, CEO of Kairos Capital joins CNBC Africa for more on this discussion and Nigeria's debt management strategy.
4 days ago
A year after Lula came to power, his gamble has paid off: deforestation has been halved in the Amazon. But this success comes at the cost of sacrificing another ecosystem that's just as vital to Brazil: the Cerrado.
4 days ago
Some top Nigerian banks are eyeing the international and local capital markets to raise fresh capital in a bid to meet the recapitalisation exercise by the Central Bank of Nigeria. Egie Akpata, Chairman of Skymark Partners joins CNBC Africa to examine options available to banks.
2 days ago
According to the International Monetary Fund (IMF), a 10% rise in the dollar on the currency market would push down real gross domestic product (GDP) in emerging economies by 1.9% after one year, with adverse economic effects lasting more than two years
Latest
2 hours ago
Scientists are testing a quadrupedal robot, named Spirit, in the rugged terrain of Oregon's Mount Hood, simulating the extreme conditions of the Moon and Mars.
2 hours ago
Can new laws against hate speech online also reduce harassment in the VTuber scene?
2 hours ago
Tunde Onakoya, a chess mastermind and founder of Chess in Slums Africa, has completed an incredible feat! He embarked on a journey to break the Guinness World Record for the longest chess marathon without a loss, aiming to surpass the existing mark of 56 hours and 9 minutes. And in the early hours of today, Saturday, April 20th, Tunde emerged victorious!
3 hours ago
Iranian state media have reported loud explosions in the sky near the central city of Isfahan. Tehran says say its air defense systems were activated at a nearby military base and a nuclear facility.
3 hours ago
In this week’s special edition of Access Asia, we focus on India as the country's record-breaking election gets under way. In the past few years, India's ranking in the World Press Freedom Index has plummeted.
3 hours ago
How can a conflict that is taking place right now, and that’s regarded as the biggest humanitarian crisis in the world, become known as the forgotten war? Aid agencies say that after exactly a year of civil war in Sudan, driven by a fight for power between two military factions, the world has turned away.
×
Get the latest news delivered straight to your inbox every day of the week. Stay informed with the Guardian’s leading coverage of Nigerian and world news, business, technology and sports.
0 Comments
We will review and take appropriate action.