The Central Bank of Nigeria (CBN) has released a comprehensive report assessing the nation’s fintech landscape, highlighting key priorities to sustain innovation, strengthen system integrity, and drive the next phase of digital financial growth.
According to a statement made available to ASHENEWS on Monday, the report evaluates the scale and maturity of Nigeria’s fintech ecosystem, noting the country’s leadership in real-time payments and the structural factors behind recent growth.
It also positions fintech as a complementary force within the financial system, expanding access, efficiency, and reach while safeguarding stability and resilience.
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Based on nationwide surveys and extensive stakeholder consultations, the report sets out practical policy directions to enhance regulatory coordination, bolster supervisory capabilities, and support responsible innovation, including scaling fintech across borders.
Key enablers identified include interoperability, proportional regulation, and effective execution for sustainable ecosystem development.
Part of an ongoing CBN engagement series, the publication aims to provide clearer regulatory guidance and foster coordinated execution. It is designed as a shared reference for banks, fintech firms, regulators, infrastructure providers, investors, and partners as Nigeria solidifies its position in the regional and global fintech arena.
