As of 2023, the majority of the financially included population in Nigeria relied on financial service agents. This referred to 54 percent of the population. Moreover, the user reliability on mobile money reached 12 percent in the same year, while pension financial services reached eight percent of the population.
Share of population relying on formal financial services in Nigeria as of 2023, by type of service
Characteristic
Share of population
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Efina. (December 13, 2023). Share of population relying on formal financial services in Nigeria as of 2023, by type of service [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1454757/share-of-population-using-formal-financial-services-in-nigeria-by-type/
Efina. "Share of population relying on formal financial services in Nigeria as of 2023, by type of service." Chart. December 13, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1454757/share-of-population-using-formal-financial-services-in-nigeria-by-type/
Efina. (2023). Share of population relying on formal financial services in Nigeria as of 2023, by type of service. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1454757/share-of-population-using-formal-financial-services-in-nigeria-by-type/
Efina. "Share of Population Relying on Formal Financial Services in Nigeria as of 2023, by Type of Service." Statista, Statista Inc., 13 Dec 2023, https://www.statista.com/statistics/1454757/share-of-population-using-formal-financial-services-in-nigeria-by-type/
Efina, Share of population relying on formal financial services in Nigeria as of 2023, by type of service Statista, https://www.statista.com/statistics/1454757/share-of-population-using-formal-financial-services-in-nigeria-by-type/ (last visited August 24, 2024)
Share of population relying on formal financial services in Nigeria as of 2023, by type of service [Graph], Efina, December 13, 2023. [Online]. Available: https://www.statista.com/statistics/1454757/share-of-population-using-formal-financial-services-in-nigeria-by-type/