The Foreign Affairs Minister, Amb. Yusuf Tuggar has stated that Nigeria plays a leading role in Africa’s fintech and financial services sector, driving job creation across the continent.
During a visit to Moniepoint Inc.’s UK offices, Tuggar highlighted Nigeria’s industry leadership and stressed the need to boost confidence in Nigerian businesses as they expand globally.
“Nigeria holds a strong position in the fintech and financial services sector. With banks and fintech firms operating across Africa, we must continue instilling confidence in Nigerian businesses as they expand globally,” he stated.
Tuggar added that the fintech sector’s growth significantly boosts job creation, financial inclusion, and economic stability.
The minister also recognized Moniepoint’s global investments from Google’s Africa Investment Fund, Visa, and BII, reinforcing its position as a fintech leader.
Moniepoint Inc. CEO, Tosin Eniolorunda, echoed Tuggar’s views, reaffirming the company’s commitment to empowering African business owners and enhancing financial well-being.
He highlighted Nigeria’s dynamic digital landscape as a key driver of economic and social progress.
“By equipping individuals and businesses with innovative financial tools, we believe technology can drive economic growth and social progress,” Eniolorunda said.
He also highlighted the significance of international cooperation in advancing innovation and creating opportunities within the fintech sector.
Eniolorunda further said “This visit by Amb. Yusuf Maitama Tuggar highlights the importance of cross-border collaboration and the strengthening of Nigeria’s global partnerships.”
Last week, Tuggar announced a working visit to the UK to enhance cooperation in business, diplomacy, security, and culture.
He emphasized that the trip reflects Nigeria’s dedication to strengthening strategic ties and advancing mutual priorities with the UK.
