Global

Mobile money is coming to Nigeria – a game-changer for financial inclusion

  • Financial exclusion remains stubbornly high in Nigeria; monetising low-income cohorts is proving difficult

  • Leading local telcos Airtel and MTN have now been issued with PSB licences, opening the door to mobile payments services

  • Safaricom/M-Pesa helped double Kenya’s financial inclusion rate in a decade. Growth in Nigeria could be even faster

Contributors
November 9th, 2021
Subscribe to read this report

You can read this report by subscribing to a Starter or Pro plan today.

Already have an account? Log in

Disclosures

This report is independent investment research as contemplated by COBS 12.2 of the FCA Handbook and is a research recommendation under COBS 12.4 of the FCA Handbook. Where it is not technically a research recommendation because the subject of the research is not listed on any European exchange, it has nevertheless been treated as a research recommendation to ensure consistent treatment of all Tellimer's research. This report has been produced by the analyst(s) named above (the "Analyst").

The Analyst certifies that the views and forecasts expressed in this report accurately reflect their personal views about the subject, securities, or issuers specified herein. In addition, the Analyst certifies that no part of their compensation was, is, or will be directly or indirectly related to the specific recommendations or views expressed in this report.

Research ratings explanation and full Tellimer disclaimers