Impact of Nigeria’s recession on financial inclusion
By CNBC Africa
24 September 2016 |
8:00 am
Nigeria aims to reduce the number of unbanked population by 20 per cent in 2020. CNBC Africa's Wole Famurewa spoke to Kayode Olubiyi, Head of Financial Inclusion at Diamond Bank on the likely impact of the country's recession.
In this article
Related
Related
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.
2 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.
2 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.
3 days ago
Find these stories and much more when you grab a copy of The Guardian on Tuesday.
2 days ago
Find these stories and much more when you grab a copy of The Guardian on Wednesday.
1 day ago
Find these stories and much more when you grab a copy of The Guardian on Thursday.
Latest
3 hours ago
More than 1,000 people have succumbed to cholera, while tens of thousands across Africa have been infected in a series of deadly cholera outbreaks since the beginning of 2024.
3 hours ago
A UN-led event to secure donations to address Ethiopia's humanitarian crisis fell short of its $1 billion target. The East African country has been hit by conflict and extreme weather in recent years.
1 day ago
Chess master, Tunde Onakoya, has embarked on a mission to surpass the Guinness World Record for the longest chess marathon. The event, which is currently underway at New York City's iconic Times Square, started at 10am on Wednesday, April 17, and is scheduled to end at 8pm on April 19. Onakoya is set to engage in an intense chess marathon, aiming to play for 58 hours without a single defeat.
1 day ago
As elections near, India's nationalist BJP is trying to wrestle votes away from the opposition in Indian-administrated Kashmir. But standard campaign tactics might not be enough to win over Muslim voters in the region.
1 day ago
ing Abdullah II of Jordan defends his country's actions in shooting down Iranian missiles on Saturday, saying that Jordan's security comes above all else. Also, MPs in the UK back a new bill to ban smoking in the country, but Prime Minister Rishi Sunak faces rebellion from within the Conservative Party. Finally, Paris Saint-Germain mount a comeback to beat Barcelona and qualify for the Champions League semi-final, with one Spanish newspaper blaming the result on "suspect refereeing".
1 day ago
Authorities in Germany's Bavaria say they want to restrict the use of cannabis at festivals and beer gardens. Germany legalized recreational marijuana earlier this month, a move opposed by the Bavaria-based CSU.
×
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.