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Digital Innovation Transforming Nigeria’s Financial Sector, Says NGX Chairman
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By – Odegbile AbisolaThe Chairman of the Nigerian Exchange Group (NGX), Dr. Umaru Kwairanga, has said that digital technology is revolutionizing Nigeria’s financial sector by making financial services more accessible, convenient, and efficient for millions of Nigerians.
Speaking on the theme, “Fintech: Driving the Future of Digital Financial Ecosystem in Nigeria,” he noted that technological innovation has fundamentally changed how individuals and businesses access financial services.
However, advancements in digital technology have made it possible for users to conduct transactions, access services, and make financial decisions directly from their mobile devices.
Kwairanga stressed that fintech innovations have not only improved convenience but have also expanded financial access to previously underserved populations, thereby supporting Nigeria’s financial inclusion objectives.
While acknowledging the rapid growth of financial technology across the country, Kwairanga emphasized the need for stakeholders to continue supporting innovation that enhances financial inclusion while maintaining trust, security, and consumer protection.