70 million mobile owners in Nigeria have no bank accounts: eTranzact

70 million mobile owners in Nigeria have no bank accounts: eTranzact

About 70 million active mobile line owners in Nigeria do not have bank accounts, says the CEO of eTranzact International Plc., Niyi Toluwalope. 

Mr Toluwalope disclosed this at the Capital Market Correspondents Association of Nigerian (CAMCAN) 2021 Annual Workshop held on Saturday in Lagos.

The eTranzact boss said that 150 million of Nigeria’s 200 million population owned mobile phone lines, 110 million owned 150 million mobile phone lines but only about 40 million had active bank verification numbers.

While speaking on the topic “Technology as a Tool for…

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