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'NIA on mission to rebuild industry reputation' | The Guardian Nigeria News - Nigeria and World News — Business — The Guardian Nigeria News – Nigeria and World News


The Nigeria Insurers Association (NIA) has urged stakeholders to work together to redeem the industry’s poor image.
The operators said such cooperation would enable them to maximise the untapped potential in the economy and raise confidence level.
This was disclosed during the 24th chairman investiture of the association in Lagos.
The NIA Chairman, Ganiyu Musa, unveiled a nine-point agenda, with the hope of taking the insurance industry to lofty heights.
According to him, the association is determined to work with relevant stakeholders to ensure the passage of the Consolidated Insurance Bill for the sector’s development.
He said, the organisation would work with stakeholders to address restrictive laws on insurance practice; work with partners such as the Financial Inclusion Secretariat to ensure greater insurance awareness to achieve seamless migration to IFRS 17. ....

Ganiyu Musa , Nigeria Insurers Association , Consolidated Insurance Bill , Financial Inclusion Secretariat , கனியு மூசா , நைஜீரியா காப்பீட்டாளர்கள் சங்கம் , தொகுக்கப்பட்டு காப்பீடு ர சி து , நிதி சேர்த்தல் செயலகம் ,

Consultant: Development of a Strategy for Leveraging Agent Networks to Drive Women's Financial Inclusion in Nigeria


1. Background and Context:
Women’s Financial Inclusion is critical to supporting economic growth especially as economies struggle to recover from the global economic crisis brought about the Corona Virus Pandemic.
The journey towards achieving gender parity in financial inclusion in Nigeria commenced with the revision of the National Financial Inclusion in Nigeria in 2018 which identified 5 key focus groups to target interventions and policies in order to achieve the financial inclusion goal including; Women, Youth, MSMEs, Rural areas and Northern indigenes.
In 2016, Nigeria, along with other member countries of the Alliance for Financial Inclusion (AFI) committed to the Denarau Action Plan (DAP) which prescribes halving the global Financial Inclusion Gender Gap by 2021. The DAP outlines ten actions, one of which includes a specific commitment to consider and implement best practices in integrating policies for women’s financial inclusion and gender considerations ....

Suitability Of Services , Agents Of Pension Fund Administrators , Agency Banking , Central Bank , International Development , National Financial Inclusion , Community Of Practice , Coca Cola , Alliance For Financial Inclusion , Financial Inclusion , Corona Virus , Denarau Action Plan , Financial Inclusion Gender Gap , Enhancing Financial Innovation , Advancing Women , Strategic Imperative , Potential Gains , Deep Dive , Banking Agents , Pension Fund Administrators , Fast Moving Consumer Goods , Indomie Instant Noodles , Regulatory Impact , Show Government , Conditional Cash Transfer , Sex Disaggregated Data ,

Digital lenders and the data they need in 2021


Olumuyiwa Olowogboyega
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Digital lenders have always depended on data to make instant loan decisions. This year, startups are offering these lenders more data points 
Access to credit is important in any economy because it is how households are able to build wealth and take advantage of opportunities. Being able to borrow money at affordable interest rates is one way you can take a chance on a business idea.
Beyond building wealth, access to credit is a safety net for households that experience economic shocks like job losses or ill health. Despite the importance of credit, data from the Financial Inclusion Secretariat shows that formal sector credit penetration as a ratio of the adult population in Nigeria was below 5.3% in 2017.  ....

Deji Peters , Ted Martynov , Credit Bureau Association Of Nigeria , Nigeria Central Bank , Financial Inclusion Secretariat , Central Bank , Bureau Association , கடன் பணியகம் சங்கம் ஆஃப் நைஜீரியா , நைஜீரியா மைய வங்கி , நிதி சேர்த்தல் செயலகம் , மைய வங்கி , பணியகம் சங்கம் ,

EFInA launches a £2 million COVID-19 Response Fund to support solutions that can mitigate the impact of COVID-19 on Nigeria's low-income population


Partner
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LAGOS, Nigeria Enhancing Financial Innovation & Access (EFInA) launched a £2 million COVID Fund to support solutions that can mitigate the far-reaching impact of COVID-19 on low-income individuals/households and MSMEs in Nigeria. The fund will support financial service-enabled solutions that enable access to liquidity, healthcare, and food. This grant is funded by the UK Government’s Foreign, Commonwealth & Development Office (FCDO).
Announced during a webinar on December 8
th, the initiative recognizes how COVID-19 has affected businesses globally, torn down existing systems and supply chains, inhibited access to capital or markets due to restrictions, and left families struggling to make ends meet. Research conducted by EFInA and partners in Nigeria has found that many households are experiencing food insecurity, reduced income, and challenges accessing required health services; however, the widespread use of digital financia ....

United Kingdom , Ashley Immanuel , Dayo Ademola , Temie Giwa Tubosun , Ben Llewellyn Jones , Bunmi Lawson , Paul Oluikpe , Aisha Yakubu Bako , Commonwealth Development Office , Enhancing Financial Innovation , United Kingdom Government , Development Office , British Deputy High Commissioner , Chief Executive Officer , Investment Lead , Associate Head , Financial Inclusion Secretariat , ஒன்றுபட்டது கிஂக்டம் , ஆஷ்லே இம்மானுவேல் , பென் லெவெலின் ஜோன்ஸ் , காமன்வெல்த் வளர்ச்சி அலுவலகம் , மேம்படுத்துகிறது நிதி கண்டுபிடிப்பு , ஒன்றுபட்டது கிஂக்டம் அரசு , வளர்ச்சி அலுவலகம் , பிரிட்டிஷ் துணை உயர் ஆணையர் , தலைமை நிர்வாகி அதிகாரி ,