Enhancing Financial Innovation & Access (EFInA) in conjunction with The Lagos State Ministry of Agriculture & Cooperatives, and Skills Enhancement Centre (SENCE) hosted a two-day agribusiness exhibition on the 29th and 30th of March 2012, titled “Agriculture the New Frontier: Access to Information on Nigeria’s Agricultural Sector” in Lagos.

EFInA hosted its third breakfast series in Abuja, to discuss and evaluate the key findings of its study titled “Promoting Access to Credit for MSMEs through Effective Government Initiatives” 

EFInA Access to Financial Services in Nigeria 2010 survey shows the main barriers for not having bank accounts include steady income, unemployment and distance to bank branches. EFInA hosted its second breakfast series to evaluate the ways agent banking can further the financial inclusion agenda, and to identify key success factors required to develop and sustain a viable agent banking network in Nigeria.

The EFInA Access to Financial Services in Nigeria 2010 survey, highlighted that only 0.8 million adults (1% of the adult population) has insurance. In terms of risks experienced in the household, 44.1 million adults have experienced the death of a relative; 42.4 million adults have experienced serious illness of a family member; 18.0 million adults have experienced theft of a household property, and 8.3 million adults have been involved in a vehicle accident. The top mechanisms for coping with these adverse experiences is doing nothing and using their savings.

Enhancing Financial Innovation & Access (EFInA) regularly host innovation fora and workshops to trigger debate and stimulate discussions on pertinent issues in the financial sector. Financial journalists are instrumental to the process of disseminating information and educating the populace on how to improve access to financial services and enhance financial inclusion in Nigeria.