Work

Access to and use of bank services in Nigeria: Micro-econometric evidence

Year: 2014

Type: article

Abstract: This study examined the access to, and use of bank services in Nigeria using data from the World Bank Household Survey (2011) on financial inclusion. A framework was developed to situate the decision of individuals towards financial services in Nigeria. We examined three dependent variables – use of bank services, use of the account to save and frequency of bank withdrawals. Our results show that the attributes, income level, age and ICT inclination of individuals have an effect on the access to and use of bank services in Nigeria.

Source: Review of Development Finance

DOI: 10.1016/j.rdf.2014.05.002

Authors: Uchenna Efobi, Ibukun Beecroft, Evans Osabuohien

Institutions: Covenant University, German Institute of Development and Sustainability

Language: English

Topic: Microfinance and Financial Inclusion

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Reduced inequalities

Open Access status: hybrid

Funder: Alexander von Humboldt-Stiftung