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Bullion

Authors

Frank Aigbogun

Keywords

Financial inclusion, Media, Agent banking, Financial literacy, Mobile payment

Abstract

The Central Bank of Nigeria (CBN) has shown great foresight in the effort to ensure that greater numbers of Nigerians that are currently financially excluded are brought into the fold, through effective policy initiatives that are hinged on global best practices. For instance, in 2012 the Bank incorporated information and knowledge that will eventually lead to the formulation to amend existing regulatory frameworks, including recommendations on microfinance, mobile financial services (MFS) and agent banking. The CBN’s aim of educating and imparting skills on financial system inclusion to journalists who through their media would inform the general public about this all-important subject that has the potential to greatly influence inclusive economic growth especially at the grassroots level.

Author Bio

The author is Frank Aigbogun

Publication Title

CBN Bullion

Issue

3 - 1

Volume

36 - 37

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