Women's World Banking Blog

Nigeria

Explore the latest global and regional insights from Women’s World Banking’s work in policy, leadership, women’s entrepreneurship, gender lens investing, and more.

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Research & Perspectives

Report: Empowering Nigeria’s Women Micro-Entrepreneurs: Actionable Insights for Financial Services Providers

Beneath Nigeria’s vibrant marketplaces, women micro-entrepreneurs navigate a complex financial landscape. 70% of trading in Nigerian markets is carried out by women (IFC), but despite their significant economic contributions, these women remain underappreciated, often overlooked by financial institutions—at their own risk. In 2022, Women’s World Banking collaborated with three Nigerian

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Products & Solutions

Empowering Nigerian Women Entrepreneurs through Digital Credit

Nigeria boasts a thriving community of women entrepreneurs. In fact, the country has the world’s highest proportion of activity by women entrepreneurs, comprising a remarkable 23 million women who command 41% of the country’s micro-businesses. Beyond the statistics, these women are the unsung heroes of resilience, contributing to their families

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Research & Perspectives

Report: Advancing Women As Leaders in Nigeria’s Finance Industry

Scroll down to download the report. In the last decade, Nigeria’s finance industry has made significant strides in increasing the representation of women. No sector’s success is more quantifiable than that of the banking sector. At the publishing of this report, of Nigeria’s 24 commercial banks, eight have women as

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Gender Lens Investing

The Business Case for Investing in African Women

By Tokunboh Ishmael, Managing Director and co-Founder, Alitheia Capital What is good for gender equality is good for the economy and society as well. – McKinsey & Company An estimated 120 million Nigerian women are susceptible to the health consequences of firewood use. Of this, about 95,000 die each year

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Research & Perspectives

Covid-19, Low Income Finance and Nine Takeaways from a Quick Survey

By Mehrdad (Mehi) Mirpourian, Senior Data Analyst, Research, Monitoring and Evaluation, at Women’s World Banking  “There have been as many plagues as wars in history; yet always plagues and wars take people equally by surprise.” – Albert Camus, The Plague Introduction Businesses function in environments that are agile and hard

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Event

PRESS RELEASE | Diamond Bank, Women’s World Banking host global discussion on digital financial services for women

Diamond Bank today joins Women’s World Banking to host a global discussion on the role of digital financial services in empowering low-income women who do not have access to formal financial products. During a three-day workshop, discussants from the Central Bank of Nigeria, MTN Nigeria, Diamond Bank Plc, Jazz of Pakistan, BIMA of Cambodia and Women’s World Banking will examine the best practices in developing, enhancing and delivering world-class digital financial services to women.

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Products & Solutions

Diamond Bank Storms the Market: A BETA Way to Save

In 2012, an estimated 64 percent of Nigerians were unbanked and had never accessed any formal financial services or products, a number that is higher for women: nearly 73 percent of all Nigerian women are unbanked. This number does not include figures for the underbanked—men and women who have had

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Products & Solutions

CGAP | CGAP blogs about our work in Nigeria

Antonique Koning, a microfinance specialist at CGAP, blogged about our work on promoting financial inclusion for low-income women in Nigeria through the use of savings products and innovative outreach and delivery strategies.

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