The Central Bank of Nigeria has said that about 36 million Nigerians currently have zero access to financial services.
The Director of Information Technology of CBN, Rakiyat Mohammed, stated this on Tuesday in Lagos.
Mohammed revealed that the CBN is the first Central Bank in Africa and second in the world to launch a Central Bank Digital Currency.
According to her, the development of the CBDC was borne out of the urgent need to provide financial inclusion to the 36m Nigerians who currently lack access to financial services.