Tag: Chidinma Lawanson
CBN to regulate indirect participants of payments system: What does this mean for financial institutions?
The Central Bank of Nigeria has issued regulations for the operation of indirect participants within the country's Payments System. The Apex Bank says the move is part of efforts to foster the development of an efficient and effective payments system in Nigeria. To unpack these regulations and their implication, Financial Services Consultant at IFC, Chidinma Lawanson joins CNBC Africa.
The Central Bank of Nigeria has directed Deposit Money Banks to offer mobile money wallets without prior approval. Chidinma Lawanson, Financial Services Consultant at International Finance Corporation (IFC) joins CNBC Africa for more.
In its recently revised National Financial Inclusion strategy, the Central Bank of Nigeria says its major focus is to reduce the proportion of adult Nigerians that are financially excluded to 20 per cent by 2020 from it baseline figure of 46.3 per cent in 2010. Chidinma Lawanson, Financial Services Consultant at IFC joins CNBC Africa to discuss how this revised strategy is likely to impact Nigeria’s financial inclusion drive.
The recent move by the Central Bank of Nigeria to strengthen the capital base of Microfinance banks has been received with mixed reactions. But how does this impact Nigeria's financial inclusion drive? Chidinma Lawanson, Financial Services Consultant at IFC joins CNBC Africa to discuss this.