When Access Isn’t Enough: Ponzi Schemes and the Gaps in Nigeria’s Financial Inclusion 

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Nigeria’s financial inclusion rate has grown from 48% in 2008 to 74% in 2023, according to the 2023 A2F Survey. It’s a major milestone in improving access to finance across the country. But financial inclusion is more than just access, it’s about empowerment, resilience, and trust in financial services.

In this video, we explore the untold stories beneath the stats: -The risks people face when they lack financial literacy

  • The emotional and economic toll of falling into Ponzi schemes
  • And what true inclusive finance should look like in Nigeria

As more Nigerians come online and onboarded into the formal financial system, more are also vulnerable to scams. Why? Because access without understanding is a dangerous gap.