Mobile money adoption drives Nigeria’s banking penetration to record high

Higher adoption of mobile money is driving the growth of account ownership in financial institutions particularly in Sub-Saharan Africa (SSA).

Higher adoption of mobile money is driving the growth of account ownership in financial institutions particularly in Sub-Saharan Africa (SSA) countries like Nigeria, a recent 2021 Global Findex report by World Bank has said. An analysis of the report titled ‘Financial Inclusion, Digital Payment

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