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Popularity of financial products or services in Nigeria 2020

As of 2020, about 39 percent of people aged 15 years and older in Nigeria had an account with a financial institutions. The percentage of individuals owning a credit card in Nigeria was much lower, reaching 2.6 percent.

Share of population reporting to use the following financial products or services in Nigeria as of 2020

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Source

Release date

February 2020

Region

Nigeria

Survey time period

January 2020

Age group

15 years and older

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Statistics on "Payment methods in Nigeria"

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