Business

Financial Inclusion will aid Economic Growth – Uduk

877
Advertisement




The Securities and Exchange Commission, SEC has restated its desire to pursue initiatives that would aid financial inclusion of Nigerians as this is capable of growing the nation’s economy.

“Innovations in financial technology, has made possible the potential of using digital tools to make financial services available to a wider range of consumers and enterprises, promoting financial inclusion and the affordability of financial services, said Acting Director General of the Securities and Exchange Commission (SEC) Ms. Mary Uduk at the 2018 PEARL Awards Night held in Lagos, Sunday.

“A financially inclusive society will provide increased access to finance, especially for women, help support sustainable growth–and will create million more jobs. The gains of having a more inclusive financial system are enormous, as it helps broaden financial markets and make policies more effective”.

Uduk said that the SEC will continue to highlight and promote developments and trends in the Nigerian Capital Market and drive Financial Inclusion aimed at reducing adult exclusion from financial services.

 

 

 

Author

See also  Nigeria's inflation rate rises to 34.80% in December 2024 up from 33.60%

Leave a comment

Related Articles

Fuel Subsidy Return Could Push Naira to ₦4,000 to a Dollar, Oyedele Warns

By Maryanne Awuya Minister of Finance and Coordinating Minister of the Economy...

Elumelu Champions $15bln West Africa Infrastructure Pipeline

By Samuel Akpan Nigerian billionaire and Heirs Holdings Chairman Tony Elumelu is...

Nigeria’s Inflation Falls to 14.63% for Fourth Straight Month

By Samuel Akpan Nigeria’s inflation rate eased to 14.63% in September 2026...

Nigeria Opens 65 Projects to Investors, Sets Sights on 7% Economic Growth

By Oluwatosin Deba The Federal Government has unveiled 65 investment opportunities across...