By Jemimah Wellington, JKNewsMedia Reporter
NIGERIA’s DIGITAL economy is gaining momentum as the government signals strong support for financial technology firms providing payment infrastructure for Nigerians and Africans.
President Bola Tinubu reaffirmed his administration’s commitment to fostering a business-friendly environment during a meeting with the leadership of Flutterwave and Alami Capital in Abuja on Saturday.
The engagement, led by Finance Minister Wale Edun, highlighted the crucial role of homegrown fintech firms in job creation, financial inclusion, and economic diversification. Flutterwave, founded by young Nigerians, operates across 32 African countries and globally.
Chief Executive Officer Olugbenga Agboola underscored the company’s impact in enabling seamless transactions for Nigerians at home and abroad.
He expressed plans to list on the Nigerian Exchange and sought government support.
MOFI’s Managing Director, Dr Armstrong Ume Takang, advocated for strengthening local hosting infrastructure, noting that Nigerian firms like Flutterwave spend millions on foreign hosting services that could be redirected to domestic providers like Galaxy Backbone.
