As of 2023, lack of money was the leading barrier to bank account ownership in Nigeria. This reason was considered by 25 percent of the respondents, while 24 percent cited irregular income. Moreover, geographic distance from work or home to the nearest bank was a barrier for about 21 percent of respondents in the country, while the absence of a job was reported by 16 percent.
Share of population without a bank account in Nigeria as of 2023, by reason
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Efina. (December 13, 2023). Share of population without a bank account in Nigeria as of 2023, by reason [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1454447/reasons-for-not-having-a-bank-account-in-nigeria/
Efina. "Share of population without a bank account in Nigeria as of 2023, by reason." Chart. December 13, 2023. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1454447/reasons-for-not-having-a-bank-account-in-nigeria/
Efina. (2023). Share of population without a bank account in Nigeria as of 2023, by reason. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1454447/reasons-for-not-having-a-bank-account-in-nigeria/
Efina. "Share of Population without a Bank Account in Nigeria as of 2023, by Reason." Statista, Statista Inc., 13 Dec 2023, https://www.statista.com/statistics/1454447/reasons-for-not-having-a-bank-account-in-nigeria/
Efina, Share of population without a bank account in Nigeria as of 2023, by reason Statista, https://www.statista.com/statistics/1454447/reasons-for-not-having-a-bank-account-in-nigeria/ (last visited November 23, 2024)
Share of population without a bank account in Nigeria as of 2023, by reason [Graph], Efina, December 13, 2023. [Online]. Available: https://www.statista.com/statistics/1454447/reasons-for-not-having-a-bank-account-in-nigeria/
