The COVID-19 pandemic has led to world to uncharted waters. Prior to the onset of the pandemic, there had been a rapid rise in the emergence of new digitally-driven business models in Africa, particularly in financial services, ecommerce and logistics sectors, to mention a few.
This helped, to a large extent, to equip businesses and emerging economies to prepare for the lockdown necessitated by the coronavirus. However, some countries with a huge informal sector, like Nigeria, whilst not having as many confirmed COVID-19 cases as their counterparts in many developed nations, were more adversely impacted economically due to inability of SMEs and individuals, who are outside the formal financial sector, to conduct transactions on digital platforms.
Director, Payments Systems Management Central Bank of Nigeria
Co-founder/ Chief Executive Officer
West Africa Director, Acumen
Dr. Paul L Oluikpe
Associate Head Financial Inclusion Secretariat
CEO, eTranzact International Plc
Senior VP, GM, West Africa, Mastercard
Head, Digital Financial Services at EFinA
Dr. Adesola Adeduntan
Managing Director First Bank of Nigeria Limited
The Future of Payments and Financial inclusion webinar will address the following questions:
1. What must be done to enable to CBN achieve its 80% inclusion target of
2. How far away are we, in Nigeria, from developing the enabling financial
and digital infrastructure?
3. What ancillary support must me obtained from the government how can
we expand coverage of digital ID to help Nigeria transcend to a more
inclusive and digital financial industry?
4. Does the right legal and regulatory framework exist to support a financial
inclusion drive in Nigeria?
5. How can a robust identity management system eliminate the risk and
concerns of default by the informal sector being targeted for financial
1. Welcome Address by the Publisher, BusinessDay (1:00 AM - 1:05 PM)
2. Introduction by Moderator (1:05 AM- 1:10 PM)
3. Presentation by the CBN (1:10 AM - 1:25 PM)
4. Panel Discussion (1:25 AM - 2:10 PM)
5. Q & A (2:10 AM - 2:25 PM)
6. Closing Remarks by the Publisher, BusinessDay (2: 25 AM - 2:30 PM)
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