The Central Bank of Nigeria has tasked financial technology firms in the country on regulations and increased stakeholders’ engagement to strengthen the sub-sector.
Receiving the team at the CBN headquarters in Abuja, Deputy Governor, Financial System Stability, Philip Ikeazor, commended FintechNGR’s active advocacy efforts that have significantly improved the fintech ecosystem, a statement said. Ikeazor stated: “The Central Bank understands the critical roles of fintechs in driving financial inclusion to the last mile. Our efforts are geared towards helping fintechs become more attractive to investors and achieve greater success.”