Financial Services Agents Survey 2020
Agent banking is an important driver of financial inclusion and very useful in providing access to financial services, especially in underserved/unserved areas. The National Financial Inclusion Strategy identified agent banking as an important channel for achieving the financial inclusion target. The EFInA Financial Services Agents Survey in Nigeria is a biennial study with the primary […]
Key Findings from EFInA Agents Survey: A Tall Order for Financial Inclusion in Nigeria
The expectation of closing the 16.8% shortfall in the Nigeria financial inclusion target is threatened as the recent EFInA survey on financial services agents shows that percentage of agents who offer account opening services has decreased significantly since 2015. Agent banking is a key driver of financial inclusion and very useful in providing access to […]
EFInA Fintech Webinar Q&A
EFInA hosted a free event and webinar to disseminate the key findings from the Global and Nigerian Fintech Landscape survey conducted at the end of 2018. The sessions provided key takeaways from the survey on the fintech ecosystem, investments in fintech globally, key success factors for fintech companies to thrive, and ways identified to improve […]
New Research Shows that Nearly Half of Nigerians Reported Reduced Income Soon After Lockdowns Started
A recent survey carried out by FinMark Trust through the i2i initiative, in partnership with EFInA, reveals that some Nigerian households are beginning to experience reduced income, lower food consumption, and reduced access to financial and health services following the onset of the COVID-19 epidemic and related lockdowns. The survey, conducted via mobile phones, was […]
COVID 19: Impact and Opportunities for Financial Services Agents in Nigeria
COVID-19 has had a significant impact on the global economy, with surging infections, cities in lockdown, businesses shutting down, travel restrictions and staff layoffs. Forbes report the impact in four basic ways. First, supply chain failures because of the impact of the pandemic on China. The second harm results from the direct effects of illness in lost work […]
How COVID-19 will Force Nigeria’s Financial Sector to Innovate
By Ashley Immanuel On Monday morning, hundreds of employees at Nigeria’s leading banks woke up, bathed, brushed their teeth, and put on their business attire. They trimmed their beards and applied makeup. Then they sat down in front of their computers, switched on their webcams, and reported for work. Despite Lagos’ notorious traffic, banks and […]
