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While the coronavirus pandemic and falls in the price of oil have pushed Nigeria into recession twice in the past six years, the country’s financial services companies have expanded at breakneck speed.
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“Africa offers a huge unbanked and underbanked market for financial services companies. It offers both incumbent and new entrants opportunities to grow very fast.”
https://www.ft.com/content/1b72d1cf-23f3-4384-8afc-019c6b149258?shareType=nongift
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