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Digital Payments in Nigeria: Empowering Financial Inclusion in the Modern Era
In the modern era, financial inclusion is no longer a luxury but a necessity. Access to financial services, especially in emerging economies like Nigeria, plays a pivotal role in improving the livelihoods of the underprivileged and driving economic growth. As a result, digital payments have emerged as a potent tool in achieving these goals. Understanding…
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5 Statistics About Utility Bills Payment in Nigeria.
It’s no secret that utility bills payment is an unavoidable part of the adult human life. They have grown to become an integral part of the human life. Although everyone pay bills, it may differ in size and price. Utility bills are a necessary expense because they provide access to services that are essential for…
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VTPASS CONVERSATIONS: BRIDGING THE GAP BETWEEN THE BANKED AND UNBANKED
2023 have been a torrid year for Nigerians. Events hit an abyss when new notes were rolled out, and the federal government stopped the old naira notes from circulation. Wait, what?? Let us retrace our steps and examine where this declaration started from. In October 2022, the Central Bank governor, Godwin Emefiele, announced the recall…
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WHY FINTECH IS THE KEY TO FINANCIAL INCLUSION
The World Bank Group considers financial inclusion a key enabler to reduce extreme poverty and boost shared prosperity. Fintech is key to financial inclusion which will open up banking services to all and sundry. Fintech has the potential to make banking services more accessible to those who would otherwise not have access to them. It…