The Central Bank of Nigeria (CBN) has disclosed that about 54 million Nigerian adults, representing 52 per cent, have recognised bank accounts in 2023.
It also stated that 33.9 million Nigerians, or 32 per cent, are excluded entirely from the financial system, while 11 per cent are categorised as being informally captured in financial inclusion.
The CBN stated this on Wednesday in Abuja, adding that about another 5 per cent adult population is captured under the “other formal” financial inclusion category.
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It also stated that 33.9 million Nigerians, or 32 per cent, are excluded entirely from the financial system, while 11 per cent are categorised as being informally captured in financial inclusion.
The CBN stated this on Wednesday in Abuja, adding that about another 5 per cent adult population is captured under the “other formal” financial inclusion category.
Read more at Tribuneonlineng
