The African Development Bank report, “Financial Inclusion in Africa,” states that the leading prohibitive factor in more robust financial infrastructure is inadequate access to financial services. Less than one adult out of four in Africa have access to an account at a formal financial institution. Broadening access to financial services will mobilize greater household savings, …read more →
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The push for development of Infrastructure in Nigeria Intensifies
Infrastructure in a broader sense refers to fundamental facilities and systems serving a country, city, or other area, including the services and facilities necessary for its economy to function. It is composed of public and private physical improvements such as roads, bridges, tunnels, water supply, sewers, electrical grids, and telecommunications. Generally, infrastructure is also described …read more →