IFIC 2024: SANEF Limited Honored as Key Driver of Financial Inclusion in Nigeria
At the recently concluded 2nd International Financial Inclusion Conference (IFIC 2024), SANEF Limited was awarded as the key driver of Financial Inclusion in Nigeria, for its outstanding contributions to advancing financial inclusion across the country. The recognition, awarded by the Central Bank of Nigeria (CBN), underscores SANEF’s pivotal role in fostering financial accessibility and inclusion nationwide.
Speaking on the recognition, SANEF Limited expressed gratitude to the Central Bank of Nigeria and other partners for their support. The company reaffirmed its commitment to driving innovative solutions that will further expand financial inclusion and empower millions of Nigerians.
Driving Financial Inclusion Across Nigeria
Through its strategic initiatives and collaborations with key stakeholders, including deposit money banks, mobile money operators, and super agents, SANEF Limited has successfully achieved the following:
- Deployed thousands of financial service agents across the country.
- Enhanced access to essential banking services like cash deposits, withdrawals, transfers, and bill payments.
- Promoted the adoption of digital financial solutions aligned with Nigeria’s cashless policy.
The Impact of SANEF’s Efforts
SANEF’s work has been instrumental in increasing financial access points, improving financial literacy, and fostering economic growth in hard-to-reach communities. By championing inclusive financial systems, the company continues to support the Central Bank of Nigeria’s vision of reducing the financial exclusion rate in the country.
Notably, by providing access to financial services where traditional banks cannot reach, the Shared Agent Network Expansion Facility, helps empower individuals, supports small businesses, and drives economic growth. As Nigeria continues to work towards its financial inclusion goals, SANEF’s shared agent network model stands as a testament to the power of collaboration in fostering economic development and financial empowerment.
