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Airtel, with over 57.6 million subscribers recorded in May this year, is the second-largest telecom operator in Nigeria, according to data from the Nigerian Communications Commission (NCC).
However, significant delays in receiving the required licences may have prevented some of Nigeria’s unbanked population – around 36% of an adult population of approximately 106 million people – from accessing financial services, especially when financial inclusion targets are high on the government’s agenda.
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