In #Nigeria, 35 million unbanked adults have a mobile phone, including 20 million women. Here’s what the country can do to realize mobile technology’s potential for the unbanked:
1. Digitize routine cash payments
2. Strengthen Consumer Protection
3. Target women
Five ways Nigeria can realize mobile technology’s potential for the unbanked
Although it’s Africa’s largest economy, Nigeria is missing out on the region’s most exciting financial Innovation: mobile money. Twenty-one percent of adults in Sub-Saharan Africa have a mobile money account, nearly double the share from 2014, according to the latest Global Findex report. By con…
