Financial Technology and Financial Inclusion of the Residents of Ado-Odo Ota Local Government Area, Ogun State, Nigeria.
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Date
2026
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Crawford Journal of Economics and Management
Abstract
This study examined the effect of financial technology on financial inclusion among residents of Ado-Odo/Ota Local Government Area, Ogun State, Nigeria, focusing on mobile banking services, Point-of-Sale (POS) usage, and fintech-based digital financial services in relation to access to, usage of, and convenience of financial services. A descriptive survey research design was adopted, and data were collected through structured questionnaires administered to traders, artisans, and other residents within the study area. The data were analysed using descriptive statistics and multiple regression analysis with the aid of SPSS version 27. The findings revealed that mobile banking services have a significant positive effect on access to financial services, POS usage has a strong and significant positive effect on usage of financial services, and fintech-based digital financial services have a significant positive effect on the convenience of financial services. The study concludes that financial technology significantly enhances financial inclusion in the study area and recommends improved digital infrastructure, expansion of POS services, and promotion of fintech adoption through digital literacy programmes.
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Citation
Ojo, F. A., Alade, A. E., and Thompson, T. A. (2026). Financial Technology and Financial Inclusion of the Residents of Ado-Odo Ota Local Government Area, Ogun State, Nigeria. Crawford Journal of Economics and Management. 3(1); 108-123.