Financial inclusion across Africa is yet to peak as most SMEs operate in the informal sector and are largely unbanked.
The Nigerian economy continued to expand at a sluggish rate in the second quarter of 2023 after the National Bureau of Statistics (NBS) reported a 2.51 percent growth for the period.
"This may be attributed to the challenging economic conditions," the NBS said on Friday.
According to the stati
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.