Central Bank of Nigeria has released a comprehensive report outlining its vision for the future of fintech in the country.
The report, aimed at shaping Nigeria’s fintech landscape, highlights the country’s leadership in real-time payments and identifies key areas for sustainable growth.
In a statement issued by the CBN, the apex bank emphasized the importance of fintech innovation in expanding access, efficiency, and reach, while preserving stability and resilience in the financial system.
The report examines the scale and maturity of Nigeria’s fintech ecosystem and provides practical policy directions to improve regulatory coordination, strengthen supervisory capability, and support responsible innovation.
The CBN noted that interoperability, proportional regulation, and effective execution are critical enablers of sustainable ecosystem development.
The report is expected to serve as a reference point for stakeholders, including banks, fintech firms, regulators, and investors, as Nigeria consolidates its position in the regional and global fintech landscape.