Effects of Cashless Economy Policy on Financial Inclusion in Nigeria: An Exploratory Study

Empirical studies about Financial inclusion remain vital, especially in developing countries like Nigeria, where little research studies have been conducted since the introduction of the Cashless economy policy. Review of relevant literatures reveals lack of comprehensive empirical research regarding the relationship between the Cashless economy policy and financial inclusion in Nigeria. In this study, results showed that Awareness, Consumer/User Value Proposition, and Infrastructure were found to have strong significant relationship with Financial Inclusion while Business Model of Financial Service Providers did not show any significant relationship with Financial Inclusion.