
6.5m savings accounts opened in 3 months
NIGERIANS opened 6.5 million savings accounts in the first quarter of 2018, Q1’18, reflecting the impact of the financial inclusion campaign by banks and the Central Bank of Nigeria, CBN. However, the number of inactive bank accounts rose by 1.6 million or 4.3 percent to 38.3 million during the period from 36.7 million in Q4’17.