In 2023, the total share of adults in Nigeria who used formal financial services was ** percent. That year, ** percent of the population had banks as their financial service provider, while ** percent used other formal financial services. Overall, the share of people in the country who relied on formal financial services increased steadily within the examined period.
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Efina. (December 13, 2023). Share of people relying on formal financial services in Nigeria from 2008 to 2023, by type [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 04, 2026, from /statistics/1454330/share-of-population-relying-on-formal-financial-services-in-nigeria-by-type/
Efina. "Share of people relying on formal financial services in Nigeria from 2008 to 2023, by type." Chart. December 13, 2023. ÌÇÐÄÆƽâ°æ. Accessed August 04, 2026. /statistics/1454330/share-of-population-relying-on-formal-financial-services-in-nigeria-by-type/
Efina. (2023). Share of people relying on formal financial services in Nigeria from 2008 to 2023, by type. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 04, 2026. /statistics/1454330/share-of-population-relying-on-formal-financial-services-in-nigeria-by-type/
Efina. "Share of People Relying on Formal Financial Services in Nigeria from 2008 to 2023, by Type." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 13 Dec 2023, /statistics/1454330/share-of-population-relying-on-formal-financial-services-in-nigeria-by-type/
Efina, Share of people relying on formal financial services in Nigeria from 2008 to 2023, by type ÌÇÐÄÆƽâ°æ, /statistics/1454330/share-of-population-relying-on-formal-financial-services-in-nigeria-by-type/ (last visited August 04, 2026)
Share of people relying on formal financial services in Nigeria from 2008 to 2023, by type [Graph], Efina, December 13, 2023. [Online]. Available: /statistics/1454330/share-of-population-relying-on-formal-financial-services-in-nigeria-by-type/
