Economic and Financial Review
Publisher
Central Bank of Nigeria
Keywords
financial services, financial inclusion
Abstract
Digital Financial Services are ushering in an age of financial innovation and convenience with technology as the driver. It aims at solving several needs of the public, helping the governments tackle newer problems and identify the potentials of new technology that may be conceived in a competitive landscape. The aim of financial inclusion is to bring as many unserved and underserved Nigerians into the formal financial sector. Thus, digital financial services are revealing gaps in the market that will allow the Federal government intervene and cater to more members of the public than ever, using technology.
Publication Title
CBN Economic and Financial Review
Issue
4
Volume
60
First Page
151
Last Page
170
Classification-JEL
G20, G53
Recommended Citation
Nkechika, C.G. (2022). Digital Financial Services and Financial Inclusion in Nigeria: milestones and new directions. CBN Economic and Financial Review, 60(4). 151 - 170.