The Federal Government of Nigeria, has reiterated that the country is fertile ground for investment in the emerging financial technology (Fintech) industry.
Executive Vice Chairman of the Nigeria Communications Commission (NCC), Dr Aminu Maida, over the weekend in Abuja said the country’s youthful population and increasing mobile penetration presents a fertile ground for the financial technology industry to flourish, offering immense potentials for financial inclusion, economic growth and social development.
Maida, who was represented by the Principal Manager, NCC, Engr Kunle Olorundare the launch of a book titled, “Digital Economy and the Prospect of Financial Technology in Nigeria” In honour of a prominent expert in digital economy and financial technology, Engr. Dipo Fisho in collaboration with Glorious Vision University (GVU), Ogwa said the book could not have come at a better time than now as the country stands on the cusp of a transformative era.
“The digital economy is rapidly reshaping every facet of our lives and the Fintech industry is an integral part of this revolution. Nigeria with its youthful population and increasing mobile penetration presents a fertile ground for fintech to flourish offering immense potential for financial inclusion, economic growth and social development,” he said.
Also speaking, Head of Department of the Department of Economics of the University, Dr D. C. Onyejiuwa, said they were celebrating the extraordinary contributions of Dipo Fisho to the Fintech community.
“We express our deepest gratitude for the countless hours of dedication, the wealth of knowledge shared and mentorship provided to generations of students and colleagues. Your contributions have been a catalyst for excellence and your wisdom has shaped the intellectual landscape and the fintech world. Your unwavering commitment to scholarship, mentorship and service have set a standard of achievement that has enriched us all,” he said of the honouree.
Deputy Governor, Financial Services Stability of tge Central Bank of Nigeria, Philip Ikeazo, who was represented by an Assistant Director, Chike Ugwueze, said the publication of the topical and consequential book for the financial sector in Nigeria, shows that GVU is committed to cutting edge research that is relevant to the current economic situation in Nigeria and should be commended.
Engr Dipo Fisho in his remarks, thanked all who made the work possible.
“Unity is strength and when there is team work it is better. The book speaks to unity in strength, teamwork and collaboration. I thank all the contributors. This monumental work is a testament of the collective efforts and dedication of all those who have contributed to the discourse on the digital economy burgeoning landscape of financial technology in Nigeria”, he said.
