FG seeks enhanced financial inclusion as firm launches new banking app

The Minister of Communications, Innovations and Digital Economy, Dr. Bosun Tijani, has called for enhanced financial inclusion for Nigerians to boost economic development of the country. Tijani made the call Thursday in Abuja at the formal launch of ‘Kayi’ banking app by KMC, a new fintech firm. “It is extremely important for you to have […]

The Minister of Communications, Innovations and Digital Economy, Dr. Bosun Tijani, has called for enhanced financial inclusion for Nigerians to boost economic development of the country.

Tijani made the call Thursday in Abuja at the formal launch of ‘Kayi’ banking app by KMC, a new fintech firm.

“It is extremely important for you to have inclusive growth in the society and that is financial inclusion. So What you are launching today is a strong contribution to that mandate of inclusive growth. For those who understand, there can be no economic growth without financial inclusion,” the minister said.

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He said it was imperative to increase inclusion drive in the country because financial inclusion contributes significantly to economic growth by increasing the number of individuals who do businesses that can participate in the formal economy.