International records / OpenAlex research

Financial Inclusion in Nigeria: Regional Disparities and Determinants (2012-2020)

Financial inclusion is widely recognised as a critical driver of inclusive growth and poverty reduction; however, substantial regional disparities persist in Nigeria in terms of access to and usage of financial services. This study analyses the trends and major determinants of financial inclusion across Northern and Southern Nigeria. The period covers 2012-2020, using nationally representative data based on EFInA’s Access to Financial Services Surveys. Key areas of financial inclusion involved in the analysis include payments, savings, credit, insurance, and pensions. Using a repeated cross-se…