In 2023, the share of people in the richest 60 percent of households in Nigeria who owned a bank account was 71 percent. Overall, access to financial services reached nearly 90 percent of the population in this income group. By contrast, the share of people in the poorest 40 percent of households with access to any type of financial service was 56 percent.
Share of people with access to financial services in Nigeria in 2023, by economic status
Characteristic
Banked
Other formal (non-bank)
Informal only
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Efina. (December 13, 2023). Share of people with access to financial services in Nigeria in 2023, by economic status [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1454436/financial-inclusion-distribution-in-nigeria-by-economic-status/
Efina. "Share of people with access to financial services in Nigeria in 2023, by economic status." Chart. December 13, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1454436/financial-inclusion-distribution-in-nigeria-by-economic-status/
Efina. (2023). Share of people with access to financial services in Nigeria in 2023, by economic status. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1454436/financial-inclusion-distribution-in-nigeria-by-economic-status/
Efina. "Share of People with Access to Financial Services in Nigeria in 2023, by Economic Status." Statista, Statista Inc., 13 Dec 2023, https://www.statista.com/statistics/1454436/financial-inclusion-distribution-in-nigeria-by-economic-status/
Efina, Share of people with access to financial services in Nigeria in 2023, by economic status Statista, https://www.statista.com/statistics/1454436/financial-inclusion-distribution-in-nigeria-by-economic-status/ (last visited July 22, 2024)
Share of people with access to financial services in Nigeria in 2023, by economic status [Graph], Efina, December 13, 2023. [Online]. Available: https://www.statista.com/statistics/1454436/financial-inclusion-distribution-in-nigeria-by-economic-status/