Tag
FINANCIAL SERVICE
Nigeria's foreign exchange utilisation rose to $18.34 billion in the second quarter of 2026, its highest quarterly level since Q3 2011, driven by services and financial payments rather than merchandise imports.
The federal government has signed an agreement called the Aso Accord with state governments and private sector stakeholders to make financial services affordable and accessible to all Nigerians, including those who are disadvantaged or have low incomes.