Electronic Banking and Financial Inclusion in Nigerian Financial System

In this study, the effect of electronic banking on financial inclusion in Nigeria was examined. In particular, the effect of total volume of Automated Teller Machine, total volume of transaction of Nigerian instant payment system, and total volume of transaction by internetbanking on financial inclusion in Nigeria was investigated. Between 2012 and 2024, a sample of twelve listed deposit money banks was investigated using descriptive statistics, correlation analysis, and pooled last square regression. The various analyses were used to investigate the connection between financial inclusion in Nigeria and electronics banking. The empirical findings showed the variables had a substantial impact on financial inclusion in Nigeria. We recommend among others; that management of deposit money banks in Nigeria should allocate more resources towards financial innovation and enhancement of the existing infrastructures since they have been found to improve financial inclusion.