Distribution of financial inclusion in Nigeria 2023, by employment status
In 2023, the share of formal workers in Nigeria with access to a bank account was 99 percent in 2023. By comparison, the share of farmers with bank accounts was 36 percent in the same year. Farmers registered the highest share of access to exclusively informal financial services, at 20 percent. Overall, dependents in the country had the lowest share of access to both formal and informal financial services in the country, at 56 percent.