Financial Inclusion in Nigeria

Nigeria is a country in Sub-Saharan Africa. On this country page, you can find key financial inclusion knowledge resources and data available specifically for Nigeria, including the latest publications, news and events. 

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Key Financial Inclusion Data

The charts below, based on the latest available Global Findex data, explore key financial inclusion trends in Nigeria. Find out how the country compares to others in the region and across the globe on important aspects of financial inclusion such as account ownership and usage, the gender disparity in financial inclusion and financial resilience.

Account Ownership

Percent of adults age 15+ with an account at a financial institution or through a mobile money provider. Regional data excludes high income countries

Source: Global Findex Database

Gender Gap in Account Ownership

Percent of adults age 15+ with an account. Regional data excludes high-income economies

Source: Global Findex Database

Use of Financial Services

Percent of adults age 15+. Regional data excludes high-income economies

Source: Global Findex Database
Slide Deck

This demand side study in Nigeria and Bangladesh aims to provide firsthand information about how vulnerable people build and lose resilience, as well as a close view of how they gather and spend funds to cope with a climate crisis.

Case Study

This learning brief describes three models that USAID-funded Feed the Future Rural Resilience Activity utilized to provide formal financial services, in particular credit and savings, to previously excluded populations in Northeast Nigeria.

Paper

Funders play a crucial role in ensuring that microfinance institutions (MFIs) continue to serve the most excluded and underserved customers in the future. This note highlights the importance of funders in supporting the digital transformation of MFIs.

News & Events

Members of the financial inclusion community contributed the following news and events.

Diagnostic Study and Roadmap for the Financial Inclusion of Forcibly Displaced Persons (FDPs) in Nigeria

Employer: Alliance for Financial Inclusion (AFI)