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<rss xmlns:itunes="http://www.itunes.com/dtds/podcast-1.0.dtd" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:podcast="https://podcastindex.org/namespace/1.0" xmlns:media="http://search.yahoo.com/mrss/" version="2.0"><channel><title>The EFInA Podcast</title><link>https://www.spreaker.com/podcast/the-efina-podcast--6364462</link><description><![CDATA[The EFInA Podcasts is the first podcast channel that uses data evidence and human stories to inform, educate, and enlighten the public on everything related to financial and economic inclusion in Nigeria. Through focused dialogues with relevant stakeholders, the podcast sheds light on pertinent issues hampering financial and economic inclusion in Nigeria while exploring solutions to them.]]></description><atom:link href="https://www.spreaker.com/show/6364462/episodes/feed" rel="self" type="application/rss+xml"/><language>en</language><category>Non-Profit</category><copyright>Copyright EFInA</copyright><image><url>https://d3wo5wojvuv7l.cloudfront.net/t_rss_itunes_square_1400/images.spreaker.com/original/e242a348128fd6ac1c00e63363f6a692.jpg</url><title>The EFInA Podcast</title><link>https://www.spreaker.com/podcast/the-efina-podcast--6364462</link></image><lastBuildDate>Tue, 19 Aug 2025 15:26:23 +0000</lastBuildDate><itunes:author>EFInA</itunes:author><itunes:owner><itunes:name>EFInA</itunes:name><itunes:email>info@getwokpa.com</itunes:email></itunes:owner><itunes:image href="https://d3wo5wojvuv7l.cloudfront.net/t_rss_itunes_square_1400/images.spreaker.com/original/e242a348128fd6ac1c00e63363f6a692.jpg"/><itunes:subtitle>The EFInA Podcasts is the first podcast channel that uses data evidence and human stories to inform, educate, and enlighten the public on everything related to financial and economic inclusion in Nigeria. Through focused dialogues with relevant...</itunes:subtitle><itunes:summary><![CDATA[The EFInA Podcasts is the first podcast channel that uses data evidence and human stories to inform, educate, and enlighten the public on everything related to financial and economic inclusion in Nigeria. Through focused dialogues with relevant stakeholders, the podcast sheds light on pertinent issues hampering financial and economic inclusion in Nigeria while exploring solutions to them.]]></itunes:summary><itunes:category text="Business"><itunes:category text="Non-Profit"/></itunes:category><itunes:category text="Society &amp; Culture"/><itunes:category text="Business"/><itunes:explicit>false</itunes:explicit><itunes:type>episodic</itunes:type><item><title>Protecting Invisible Victims and the Most Vulnerable in Nigeria’s Financial Services Ecosystem: What the Regulators Must Do</title><link>https://www.spreaker.com/episode/protecting-invisible-victims-and-the-most-vulnerable-in-nigeria-s-financial-services-ecosystem-what-the-regulators-must-do--67439528</link><description><![CDATA[In Nigeria’s rapidly evolving financial services landscape, millions of consumers remain at risk—especially the invisible victims and the most vulnerable groups who often fall through the cracks of protection. From unfair charges to predatory practices and digital exclusion, their voices are rarely heard, yet they bear the brunt of systemic gaps.  In this episode of the EFInA Podcast, we sit down with Sola Salako-Ajulo, President of the Consumer Advocacy Foundation of Nigeria (CAFON), to unpack the urgent question: What must regulators do to safeguard the most vulnerable in our financial ecosystem?  Building on insights from the recent webinar, this conversation explores the ecosystem’s expectations of regulators, the realities of consumer protection, and the pathways to building a financial system where fairness, trust, and inclusion are non-negotiable.]]></description><guid isPermaLink="false">https://listener.wokpa.app/episode?id=8693</guid><pubDate>Tue, 19 Aug 2025 15:23:35 +0000</pubDate><enclosure url="https://api.spreaker.com/download/episode/67439528/audio.mp3" length="60530379" type="audio/mpeg"/><itunes:author>EFInA</itunes:author><itunes:subtitle>In Nigeria’s rapidly evolving financial services landscape, millions of consumers remain at risk—especially the invisible victims and the most vulnerable groups who often fall through the cracks of protection. From unfair charges to predatory...</itunes:subtitle><itunes:summary><![CDATA[In Nigeria’s rapidly evolving financial services landscape, millions of consumers remain at risk—especially the invisible victims and the most vulnerable groups who often fall through the cracks of protection. From unfair charges to predatory practices and digital exclusion, their voices are rarely heard, yet they bear the brunt of systemic gaps.  In this episode of the EFInA Podcast, we sit down with Sola Salako-Ajulo, President of the Consumer Advocacy Foundation of Nigeria (CAFON), to unpack the urgent question: What must regulators do to safeguard the most vulnerable in our financial ecosystem?  Building on insights from the recent webinar, this conversation explores the ecosystem’s expectations of regulators, the realities of consumer protection, and the pathways to building a financial system where fairness, trust, and inclusion are non-negotiable.]]></itunes:summary><itunes:duration>2526</itunes:duration><itunes:explicit>false</itunes:explicit><itunes:image href="https://d3wo5wojvuv7l.cloudfront.net/t_rss_itunes_square_1400/images.spreaker.com/original/d20e9ae435c1e2e9e44c4815ffb2a825.jpg"/><itunes:episodeType>full</itunes:episodeType></item><item><title>Credit Literacy, Personal Finance, and Financial Health - Part 2: Understanding and Managing your Credit Appetite</title><link>https://www.spreaker.com/episode/credit-literacy-personal-finance-and-financial-health-part-2-understanding-and-managing-your-credit-appetite--67052749</link><description><![CDATA[In Part 1 of our two-part episode on Credit Literacy, Personal Finance, and Financial Health, we navigated the nuances of credit and its impact on financial well-being. Building on those insights, this  episode (Part 2) dives into understanding and managing your 'credit appetite' – how to thoughtfully approach credit use, balance financial opportunities with risks, and cultivate healthy credit habits for long-term financial stability.]]></description><guid isPermaLink="false">https://listener.wokpa.app/episode?id=8472</guid><pubDate>Mon, 21 Jul 2025 07:15:06 +0000</pubDate><enclosure url="https://api.spreaker.com/download/episode/67052749/audio.mp3" length="40169288" type="audio/mpeg"/><itunes:author>EFInA</itunes:author><itunes:subtitle>In Part 1 of our two-part episode on Credit Literacy, Personal Finance, and Financial Health, we navigated the nuances of credit and its impact on financial well-being. Building on those insights, this  episode (Part 2) dives into understanding and...</itunes:subtitle><itunes:summary><![CDATA[In Part 1 of our two-part episode on Credit Literacy, Personal Finance, and Financial Health, we navigated the nuances of credit and its impact on financial well-being. Building on those insights, this  episode (Part 2) dives into understanding and managing your 'credit appetite' – how to thoughtfully approach credit use, balance financial opportunities with risks, and cultivate healthy credit habits for long-term financial stability.]]></itunes:summary><itunes:duration>1676</itunes:duration><itunes:explicit>false</itunes:explicit><itunes:image href="https://d3wo5wojvuv7l.cloudfront.net/t_rss_itunes_square_1400/images.spreaker.com/original/5da253c2d647b23c970932a4a4eeb1ab.jpg"/><itunes:episodeType>full</itunes:episodeType></item><item><title>Credit Literacy, Personal Finance and Financial Health Part 1: Navigating Credit Nuances</title><link>https://www.spreaker.com/episode/credit-literacy-personal-finance-and-financial-health-part-1-navigating-credit-nuances--66777026</link><description><![CDATA[In Nigeria, rising access to digital credit, informal lending, and consumer finance has not been matched by adequate credit education. At the same time, financial stress—due to poor saving habits, impulse spending, and income unpredictability—has weakened financial health among millions.   This special episode  explores the intersection of credit use, financial behaviour, and wellness with Mr Jerry Osagie, SME and personal finance expert  By engaging both demand and supply-side perspectives, it aims to inform and inspire practical action for building a more financially resilient society.]]></description><guid isPermaLink="false">https://listener.wokpa.app/episode?id=8429</guid><pubDate>Fri, 27 Jun 2025 19:13:28 +0000</pubDate><enclosure url="https://api.spreaker.com/download/episode/66777026/audio.mp3" length="35491190" type="audio/mpeg"/><itunes:author>EFInA</itunes:author><itunes:subtitle>In Nigeria, rising access to digital credit, informal lending, and consumer finance has not been matched by adequate credit education. At the same time, financial stress—due to poor saving habits, impulse spending, and income unpredictability—has...</itunes:subtitle><itunes:summary><![CDATA[In Nigeria, rising access to digital credit, informal lending, and consumer finance has not been matched by adequate credit education. At the same time, financial stress—due to poor saving habits, impulse spending, and income unpredictability—has weakened financial health among millions.   This special episode  explores the intersection of credit use, financial behaviour, and wellness with Mr Jerry Osagie, SME and personal finance expert  By engaging both demand and supply-side perspectives, it aims to inform and inspire practical action for building a more financially resilient society.]]></itunes:summary><itunes:duration>1481</itunes:duration><itunes:explicit>false</itunes:explicit><itunes:image href="https://d3wo5wojvuv7l.cloudfront.net/t_rss_itunes_square_1400/images.spreaker.com/original/905fb8cc43fc8b12868f1fe25e95da73.jpg"/><itunes:episodeType>full</itunes:episodeType></item><item><title>Designing for Her: Gender-Intentional Product Design</title><link>https://www.spreaker.com/episode/designing-for-her-gender-intentional-product-design--65954818</link><description><![CDATA[In Nigeria and across Sub-Saharan Africa (SSA), women continue to face significant barriers to financial inclusion. Despite contributing significantly to household welfare and local economies, particularly through micro and small businesses, women often lack access to credit, savings tools, insurance, and digital financial services. In this episode, we dive deep into women micro-entrepreneurs access to and usage of appropriate financial solutions through ‘Gender-Intentional Product Design’— what it is, why it matters, and how it can be the game-changer for millions of women micro-entrepreneurs in Nigeria and across Sub-Saharan Africa with Ms. Olajumoke Daramola, Specialist, Advisory Services, Africa at Women's World Banking.  We share insights on issues and opportunities around pro-poor product innovations, exploring how gender-responsive financial products/solutions can empower women micro-entrepreneurs through expanded access to and usage of appropriate financial solutions that drive inclusive and enterprise growth.]]></description><guid isPermaLink="false">https://listener.wokpa.app/episode?id=8335</guid><pubDate>Tue, 06 May 2025 22:48:43 +0000</pubDate><enclosure url="https://api.spreaker.com/download/episode/65954818/audio.mp3" length="56463883" type="audio/mpeg"/><itunes:author>EFInA</itunes:author><itunes:subtitle>In Nigeria and across Sub-Saharan Africa (SSA), women continue to face significant barriers to financial inclusion. Despite contributing significantly to household welfare and local economies, particularly through micro and small businesses, women...</itunes:subtitle><itunes:summary><![CDATA[In Nigeria and across Sub-Saharan Africa (SSA), women continue to face significant barriers to financial inclusion. Despite contributing significantly to household welfare and local economies, particularly through micro and small businesses, women often lack access to credit, savings tools, insurance, and digital financial services. In this episode, we dive deep into women micro-entrepreneurs access to and usage of appropriate financial solutions through ‘Gender-Intentional Product Design’— what it is, why it matters, and how it can be the game-changer for millions of women micro-entrepreneurs in Nigeria and across Sub-Saharan Africa with Ms. Olajumoke Daramola, Specialist, Advisory Services, Africa at Women's World Banking.  We share insights on issues and opportunities around pro-poor product innovations, exploring how gender-responsive financial products/solutions can empower women micro-entrepreneurs through expanded access to and usage of appropriate financial solutions that drive inclusive and enterprise growth.]]></itunes:summary><itunes:duration>2356</itunes:duration><itunes:explicit>false</itunes:explicit><itunes:image href="https://d3wo5wojvuv7l.cloudfront.net/t_rss_itunes_square_1400/images.spreaker.com/original/6fcc9f2083c29ca9ff990f4eb14f399e.jpg"/><itunes:episodeType>full</itunes:episodeType></item><item><title>Designing for Her: Gender-Intentional Product Design</title><link>https://www.spreaker.com/episode/designing-for-her-gender-intentional-product-design--65926957</link><description><![CDATA[In Nigeria and across Sub-Saharan Africa (SSA), women continue to face significant barriers to financial inclusion. Despite contributing significantly to household welfare and local economies, particularly through micro and small businesses, women often lack access to credit, savings tools, insurance, and digital financial services.  In this episode, we dive deep into women micro-entrepreneurs access to and usage of appropriate financial solutions through ‘Gender-Intentional Product Design’— what it is, why it matters, and how it can be the game-changer for millions of women micro-entrepreneurs in Nigeria and across Sub-Saharan Africa with Ms. Olajumoke Daramola, Specialist, Advisory Services, Africa at Women's World Banking.   We share insights on issues and opportunities around pro-poor product innovations, exploring how gender-responsive financial products/solutions can empower women micro-entrepreneurs through expanded access to and usage of appropriate financial solutions that drive inclusive and enterprise growth.]]></description><guid isPermaLink="false">https://listener.wokpa.app/episode?id=8327</guid><pubDate>Mon, 05 May 2025 18:47:52 +0000</pubDate><enclosure url="https://api.spreaker.com/download/episode/65926957/audio.mp3" length="56300056" type="audio/mpeg"/><itunes:author>EFInA</itunes:author><itunes:subtitle>In Nigeria and across Sub-Saharan Africa (SSA), women continue to face significant barriers to financial inclusion. Despite contributing significantly to household welfare and local economies, particularly through micro and small businesses, women...</itunes:subtitle><itunes:summary><![CDATA[In Nigeria and across Sub-Saharan Africa (SSA), women continue to face significant barriers to financial inclusion. Despite contributing significantly to household welfare and local economies, particularly through micro and small businesses, women often lack access to credit, savings tools, insurance, and digital financial services.  In this episode, we dive deep into women micro-entrepreneurs access to and usage of appropriate financial solutions through ‘Gender-Intentional Product Design’— what it is, why it matters, and how it can be the game-changer for millions of women micro-entrepreneurs in Nigeria and across Sub-Saharan Africa with Ms. Olajumoke Daramola, Specialist, Advisory Services, Africa at Women's World Banking.   We share insights on issues and opportunities around pro-poor product innovations, exploring how gender-responsive financial products/solutions can empower women micro-entrepreneurs through expanded access to and usage of appropriate financial solutions that drive inclusive and enterprise growth.]]></itunes:summary><itunes:duration>2349</itunes:duration><itunes:explicit>false</itunes:explicit><itunes:image href="https://d3wo5wojvuv7l.cloudfront.net/t_rss_itunes_square_1400/images.spreaker.com/original/6fcc9f2083c29ca9ff990f4eb14f399e.jpg"/><itunes:episodeType>full</itunes:episodeType></item><item><title>Designing for Women, Empowering Households and Communities</title><link>https://www.spreaker.com/episode/designing-for-women-empowering-households-and-communities--65334647</link><description><![CDATA[In this episode, we explore how gender-responsive financial products/solutions can empower women, strengthen households, and drive inclusive growth with Mustapha Otaru (Chief Product Officer, Sterling Bank).  The conversation highlights barriers women face in accessing financial services, best practices in designing for their unique needs, and the broader socio-economic benefits of women’s financial empowerment through gender-responsive product innovation.]]></description><guid isPermaLink="false">https://listener.wokpa.app/episode?id=8275</guid><pubDate>Thu, 03 Apr 2025 11:07:59 +0000</pubDate><enclosure url="https://api.spreaker.com/download/episode/65334647/audio.mp3" length="56300056" type="audio/mpeg"/><itunes:author>EFInA</itunes:author><itunes:subtitle>In this episode, we explore how gender-responsive financial products/solutions can empower women, strengthen households, and drive inclusive growth with Mustapha Otaru (Chief Product Officer, Sterling Bank).  The conversation highlights barriers women...</itunes:subtitle><itunes:summary><![CDATA[In this episode, we explore how gender-responsive financial products/solutions can empower women, strengthen households, and drive inclusive growth with Mustapha Otaru (Chief Product Officer, Sterling Bank).  The conversation highlights barriers women face in accessing financial services, best practices in designing for their unique needs, and the broader socio-economic benefits of women’s financial empowerment through gender-responsive product innovation.]]></itunes:summary><itunes:duration>2349</itunes:duration><itunes:explicit>false</itunes:explicit><itunes:image href="https://d3wo5wojvuv7l.cloudfront.net/t_rss_itunes_square_1400/images.spreaker.com/original/13cc805c43a4eb1c2cc6c9986d217042.jpg"/><itunes:episodeType>full</itunes:episodeType></item><item><title>Breaking the Silence on Consumer Dispute Reporting &amp; Resolution in Nigeria's DFS Ecosystem.</title><link>https://www.spreaker.com/episode/breaking-the-silence-on-consumer-dispute-reporting-resolution-in-nigeria-s-dfs-ecosystem--64714066</link><description><![CDATA[According to EFInA’s 2023 Access to Financial Services in Nigeria Survey (A2F) Report, negative perceptions, informed by bad experiences and fraud, have been a significant deterrent to formal financial inclusion, leading to a lack of trust in financial institutions and restraint in engaging with formal banking systems. This lack of trust has significant implications for Nigeria’s digital economy, where the success of digital financial services (DFS) hinges on consumer confidence and security. Fraudulent activities, including identity theft, phishing scams, and unauthorized transactions, erode trust and discourage individuals, particularly those in underserved communities, from fully adopting digital payment systems and financial products.  In this episode, The conversation with Mr Ajibade Laolu-Adewale (Chairman, CeBIH; and Group Head, Partnerships, Digital Solutions and FINTECHs in WEMA Bank) seeks to answer the question, “How can Nigeria effectively report their grievances with FSPs and get satisfactory redress to build confidence in the system, leading to higher DFS updates and, ultimately, driving financial and economic inclusion]]></description><guid isPermaLink="false">https://listener.wokpa.app/episode?id=8250</guid><pubDate>Wed, 05 Mar 2025 16:20:04 +0000</pubDate><enclosure url="https://api.spreaker.com/download/episode/64714066/audio.mp3" length="66504618" type="audio/mpeg"/><itunes:author>EFInA</itunes:author><itunes:subtitle>According to EFInA’s 2023 Access to Financial Services in Nigeria Survey (A2F) Report, negative perceptions, informed by bad experiences and fraud, have been a significant deterrent to formal financial inclusion, leading to a lack of trust in...</itunes:subtitle><itunes:summary><![CDATA[According to EFInA’s 2023 Access to Financial Services in Nigeria Survey (A2F) Report, negative perceptions, informed by bad experiences and fraud, have been a significant deterrent to formal financial inclusion, leading to a lack of trust in financial institutions and restraint in engaging with formal banking systems. This lack of trust has significant implications for Nigeria’s digital economy, where the success of digital financial services (DFS) hinges on consumer confidence and security. Fraudulent activities, including identity theft, phishing scams, and unauthorized transactions, erode trust and discourage individuals, particularly those in underserved communities, from fully adopting digital payment systems and financial products.  In this episode, The conversation with Mr Ajibade Laolu-Adewale (Chairman, CeBIH; and Group Head, Partnerships, Digital Solutions and FINTECHs in WEMA Bank) seeks to answer the question, “How can Nigeria effectively report their grievances with FSPs and get satisfactory redress to build confidence in the system, leading to higher DFS updates and, ultimately, driving financial and economic inclusion]]></itunes:summary><itunes:duration>2775</itunes:duration><itunes:explicit>false</itunes:explicit><itunes:image href="https://d3wo5wojvuv7l.cloudfront.net/t_rss_itunes_square_1400/images.spreaker.com/original/a8e3c7dfc6878ab3b5696946f9a36cbd.jpg"/><itunes:season>1</itunes:season><itunes:episode>5</itunes:episode><itunes:episodeType>full</itunes:episodeType></item><item><title>Invisible Victims: Tackling Digital Fraud and Protecting the Most Vulnerable in Nigeria’s Digital Economy</title><link>https://www.spreaker.com/episode/invisible-victims-tackling-digital-fraud-and-protecting-the-most-vulnerable-in-nigeria-s-digital-economy--64074139</link><description><![CDATA[According to EFInA’s 2023 Access to Financial Services in Nigeria Survey (A2F) Report, negative perceptions, informed by bad experiences and fraud, have been a major deterrent to formal financial inclusion leading to a lack of trust in financial institutions and restraint in engaging with formal banking systems. In this episode, we discuss with Prof Chiso Ndukwe Okafor, Executive Director, Consumer Advocacy and Empowerment Foundation (CADEF), Nigeria, on the Nigeria's consumer protection framework. We discuss the need for stronger measures to safeguard excluded populations and emphasize the role of trust in achieving Nigeria’s financial inclusion goals.]]></description><guid isPermaLink="false">https://listener.wokpa.app/episode?id=7899</guid><pubDate>Fri, 31 Jan 2025 08:14:41 +0000</pubDate><enclosure url="https://api.spreaker.com/download/episode/64074139/audio.mp3" length="43434640" type="audio/mpeg"/><itunes:author>EFInA</itunes:author><itunes:subtitle>According to EFInA’s 2023 Access to Financial Services in Nigeria Survey (A2F) Report, negative perceptions, informed by bad experiences and fraud, have been a major deterrent to formal financial inclusion leading to a lack of trust in financial...</itunes:subtitle><itunes:summary><![CDATA[According to EFInA’s 2023 Access to Financial Services in Nigeria Survey (A2F) Report, negative perceptions, informed by bad experiences and fraud, have been a major deterrent to formal financial inclusion leading to a lack of trust in financial institutions and restraint in engaging with formal banking systems. In this episode, we discuss with Prof Chiso Ndukwe Okafor, Executive Director, Consumer Advocacy and Empowerment Foundation (CADEF), Nigeria, on the Nigeria's consumer protection framework. We discuss the need for stronger measures to safeguard excluded populations and emphasize the role of trust in achieving Nigeria’s financial inclusion goals.]]></itunes:summary><itunes:duration>1813</itunes:duration><itunes:explicit>false</itunes:explicit><itunes:image href="https://d3wo5wojvuv7l.cloudfront.net/t_rss_itunes_square_1400/images.spreaker.com/original/6a21805f123fee505873e1336eaf58df.jpg"/><itunes:episodeType>full</itunes:episodeType></item><item><title>Digital Innovation in Financial Services and Last Mile Service Consumption</title><link>https://www.spreaker.com/episode/digital-innovation-in-financial-services-and-last-mile-service-consumption--63712497</link><description><![CDATA[Quick Fact: 26% of Nigerians remain financially excluded, many of whom are women, youth, and people in rural communities, who form the largest segment of last-mile consumers. Why it is important: Digital innovation in Digital financial services (DFS) has significantly reduced financial exclusion and can bridge gaps in access to essential services. However, low digital literacy, limited technology access, and security concerns hinder adoption among last-mile consumers. In this episode, we discuss with Mr Olu Akanmu, EFInA Board Director and Academic Director, Tech-Leap Initiative, Lagos Business School, the benefits and pitfalls of digital innovation in driving financial inclusion for the last mile, especially as digital innovation is leapfrogging at a pace faster than social development.]]></description><guid isPermaLink="false">https://listener.wokpa.app/episode?id=7862</guid><pubDate>Thu, 16 Jan 2025 11:15:54 +0000</pubDate><enclosure url="https://api.spreaker.com/download/episode/63712497/audio.mp3" length="27674597" type="audio/mpeg"/><itunes:author>EFInA</itunes:author><itunes:subtitle>Quick Fact: 26% of Nigerians remain financially excluded, many of whom are women, youth, and people in rural communities, who form the largest segment of last-mile consumers. Why it is important: Digital innovation in Digital financial services (DFS)...</itunes:subtitle><itunes:summary><![CDATA[Quick Fact: 26% of Nigerians remain financially excluded, many of whom are women, youth, and people in rural communities, who form the largest segment of last-mile consumers. Why it is important: Digital innovation in Digital financial services (DFS) has significantly reduced financial exclusion and can bridge gaps in access to essential services. However, low digital literacy, limited technology access, and security concerns hinder adoption among last-mile consumers. In this episode, we discuss with Mr Olu Akanmu, EFInA Board Director and Academic Director, Tech-Leap Initiative, Lagos Business School, the benefits and pitfalls of digital innovation in driving financial inclusion for the last mile, especially as digital innovation is leapfrogging at a pace faster than social development.]]></itunes:summary><itunes:duration>1734</itunes:duration><itunes:explicit>false</itunes:explicit><itunes:image href="https://d3wo5wojvuv7l.cloudfront.net/t_rss_itunes_square_1400/images.spreaker.com/original/506400ba2f8a638baa1c94e1c1c8cc07.jpg"/><itunes:episodeType>full</itunes:episodeType></item><item><title>Digital Innovation in Financial Services and Last Mile Service Consumption</title><link>https://www.spreaker.com/episode/digital-innovation-in-financial-services-and-last-mile-service-consumption--63486456</link><description><![CDATA[Quick Fact: 26% of Nigerians remain financially excluded, many of whom are women, youth, and people in rural communities, who form the largest segment of last-mile consumers. Why it is important: Digital innovation in Digital financial services (DFS) has significantly reduced financial exclusion and can bridge gaps in access to essential services. However, low digital literacy, limited technology access, and security concerns hinder adoption among last-mile consumers. In this episode, we discuss with Mr Olu Akanmu, EFInA Board Director and Academic Director, Tech-Leap Initiative, Lagos Business School, the benefits and pitfalls of digital innovation in driving financial inclusion for the last mile, especially as digital innovation is leapfrogging at a pace faster than social development.]]></description><guid isPermaLink="false">https://listener.wokpa.app/episode?id=7836</guid><pubDate>Fri, 27 Dec 2024 12:41:56 +0000</pubDate><enclosure url="https://api.spreaker.com/download/episode/63486456/audio.mp3" length="6270976" type="audio/mpeg"/><itunes:author>EFInA</itunes:author><itunes:subtitle>Quick Fact: 26% of Nigerians remain financially excluded, many of whom are women, youth, and people in rural communities, who form the largest segment of last-mile consumers. Why it is important: Digital innovation in Digital financial services (DFS)...</itunes:subtitle><itunes:summary><![CDATA[Quick Fact: 26% of Nigerians remain financially excluded, many of whom are women, youth, and people in rural communities, who form the largest segment of last-mile consumers. Why it is important: Digital innovation in Digital financial services (DFS) has significantly reduced financial exclusion and can bridge gaps in access to essential services. However, low digital literacy, limited technology access, and security concerns hinder adoption among last-mile consumers. In this episode, we discuss with Mr Olu Akanmu, EFInA Board Director and Academic Director, Tech-Leap Initiative, Lagos Business School, the benefits and pitfalls of digital innovation in driving financial inclusion for the last mile, especially as digital innovation is leapfrogging at a pace faster than social development.]]></itunes:summary><itunes:duration>392</itunes:duration><itunes:explicit>false</itunes:explicit><itunes:image href="https://d3wo5wojvuv7l.cloudfront.net/t_rss_itunes_square_1400/images.spreaker.com/original/de04a19fac05281efbeacc727267038b.jpg"/><itunes:episodeType>full</itunes:episodeType></item><item><title>Financial Inclusion and Economic Empowerment – Priorities for Nigeria</title><link>https://www.spreaker.com/episode/financial-inclusion-and-economic-empowerment-priorities-for-nigeria--63289587</link><description><![CDATA[Quick Fact:  Between 2020 and 2023, financial inclusion in Nigeria moved from 68% to 74%. However, many are still excluded from formal financial services, an estimated 40.3 million Nigerian adults. Why it is important: To achieve last-mile financial inclusion, it is crucial to understand the causes of continued exclusion, and to fashion responsive policies and regulations, interventions, and financial services, that meet the excluded where they are. On this episode, we discuss with Dr. Nurudeen Zauro, sector professional and policy expert currently serving as the Technical Adviser to President Bola Ahmed Tinubu, on Financial and Economic Inclusion, to discuss the Federal Government’s policy direction and programmatic strategy for achieving last mile financial inclusion for socio-economic development in Nigeria.]]></description><guid isPermaLink="false">https://listener.wokpa.app/episode?id=7798</guid><pubDate>Thu, 12 Dec 2024 20:23:33 +0000</pubDate><enclosure url="https://api.spreaker.com/download/episode/63289587/audio.mp3" length="41585579" type="audio/mpeg"/><itunes:author>EFInA</itunes:author><itunes:subtitle>Quick Fact:  Between 2020 and 2023, financial inclusion in Nigeria moved from 68% to 74%. However, many are still excluded from formal financial services, an estimated 40.3 million Nigerian adults. Why it is important: To achieve last-mile financial...</itunes:subtitle><itunes:summary><![CDATA[Quick Fact:  Between 2020 and 2023, financial inclusion in Nigeria moved from 68% to 74%. However, many are still excluded from formal financial services, an estimated 40.3 million Nigerian adults. Why it is important: To achieve last-mile financial inclusion, it is crucial to understand the causes of continued exclusion, and to fashion responsive policies and regulations, interventions, and financial services, that meet the excluded where they are. On this episode, we discuss with Dr. Nurudeen Zauro, sector professional and policy expert currently serving as the Technical Adviser to President Bola Ahmed Tinubu, on Financial and Economic Inclusion, to discuss the Federal Government’s policy direction and programmatic strategy for achieving last mile financial inclusion for socio-economic development in Nigeria.]]></itunes:summary><itunes:duration>1735</itunes:duration><itunes:explicit>false</itunes:explicit><itunes:image href="https://d3wo5wojvuv7l.cloudfront.net/t_rss_itunes_square_1400/images.spreaker.com/original/1a55e64af48f341927f8653bbc612b04.jpg"/><itunes:episodeType>full</itunes:episodeType></item><item><title>Financial innovation and Access: The Consumer’s Threat</title><link>https://www.spreaker.com/episode/financial-innovation-and-access-the-consumer-s-threat--62493418</link><description><![CDATA[Quick Fact:  In 2023, 45% of Nigerians used Digital Financial Services (DFS) to meet their financial needs, up from 34% in 2020. Why it is important :  As Digital Financial Service (DFS) users increase, new risks emerge for inexperienced consumers. These issues reduce the trust quotient in the market and pose a significant threat to financial inclusion, which is built on trust. This is Episode 1 of the EFInA podcasts - Chinasa Collins-Ogbuo, the EFInA Advocacy Lead, is in conversation with Oluwatomi Eromosele (PhD), a development economist expert who currently serves as EFInA’s General Manager and Research Lead to discuss the increasing threat of risk exposure to consumers due to the growing adoption of digital financial services.]]></description><guid isPermaLink="false">https://listener.wokpa.app/episode?id=7665</guid><pubDate>Wed, 23 Oct 2024 14:48:21 +0000</pubDate><enclosure url="https://api.spreaker.com/download/episode/62493418/bq8syhnim9ntbuhnuanamhrnzbumdlc1xow8qpsw.mp3" length="30423781" type="audio/mpeg"/><itunes:author>EFInA</itunes:author><itunes:subtitle>Quick Fact:  In 2023, 45% of Nigerians used Digital Financial Services (DFS) to meet their financial needs, up from 34% in 2020. Why it is important :  As Digital Financial Service (DFS) users increase, new risks emerge for inexperienced consumers....</itunes:subtitle><itunes:summary><![CDATA[Quick Fact:  In 2023, 45% of Nigerians used Digital Financial Services (DFS) to meet their financial needs, up from 34% in 2020. Why it is important :  As Digital Financial Service (DFS) users increase, new risks emerge for inexperienced consumers. These issues reduce the trust quotient in the market and pose a significant threat to financial inclusion, which is built on trust. This is Episode 1 of the EFInA podcasts - Chinasa Collins-Ogbuo, the EFInA Advocacy Lead, is in conversation with Oluwatomi Eromosele (PhD), a development economist expert who currently serves as EFInA’s General Manager and Research Lead to discuss the increasing threat of risk exposure to consumers due to the growing adoption of digital financial services.]]></itunes:summary><itunes:duration>1270</itunes:duration><itunes:explicit>false</itunes:explicit><itunes:image href="https://d3wo5wojvuv7l.cloudfront.net/t_rss_itunes_square_1400/images.spreaker.com/original/e517b7ab270abad7a9d73a6e91288137.jpg"/><itunes:episodeType>full</itunes:episodeType></item></channel></rss>
