Financial inclusion: CBN grants Inlaks super agent license


By Tare Youdeowei

To enhance financial inclusion in Nigeria, the Central Bank of Nigeria, CBN, has granted an approval-in-principle, AIP, to INLAKS to operate as a super-agent in the nation’s financial services system.

CBN Headquarters

Following this, INLAKS will work very closely with the CBN and all partners to reach the underserved population, as well as the financially excluded, to ensure that informal workers in Nigeria have access to affordable financial services through its agent network which will address social challenges in key areas such as health insurance, credit accessibility, savings, wage payment etc.

Mr. Femi Adeoti, the MD/CEO of INLAKS while commending the CBN for granting this license, highlighted the fact that the step will deliver numerous gains to the Nigerian economy by enhancing financial access, financial inclusion, sustainability and growth of the…

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