Assessing Nigeria’s financial inclusion strategy

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.

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Its day one of the lockdown for residents of Lagos, Abuja and Ogun states since the restriction of movement announced by President Buhari. The Central Bank of Nigeria has urged residents of these states to limit the use of cash and patronise alternative payment channels. Babs Ogundeyi, Co-Founder and CEO of Kuda, a mobile-only bank joins CNBC Africa for more.

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How Nigeria’s telecoms industry is responding to COVID-19

The Central Bank of Nigeria says Non-Performing Loans in the banking industry moderated to 6.54 in the February from 6.59 per cent in January. David Adu, Senior Analyst at Meristem Securities joins CNBC Africa for a focus on Nigeria’s banking sector and telecommunication industry.

ARM: CBN torn between stimulating growth & maintaining FX stability

ARM Securities says the Central Bank of Nigeria will be torn between stimulating growth and maintaining forex stability as the Apex Bank holds its second Monetary Policy meeting for the year. Olamide Adeboboye, Research Analyst at ARM Securities joins CNBC Africa for more.

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How Covid-19 is shaping Africa’s prospects

This time last year Africa was celebrating the milestone that free trade on the continent would soon be a reality. Prior to Covid-19, the free trade Africa deal was due to be implemented on the 1st of July. Africa Day this year is, however, less joyful as the continent grapples with the prospect of deep recession and in some parts, depression with the coronavirus health crisis fast muted into an economic and financial one. Joining CNBC Africa to discuss Africa’s prospects in 2020 is Alexander Forbes Chief Economist, Isaah Mhlanga and Head of Strategic Slients, Lesiba Mothata.
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