At the Nigeria Fintech Week 2025, a significant discussion emerged around the importance of regulation in the fintech sector. According to the official information, Yusuf Rakiya Opemi from the Central Bank of Nigeria took center stage to address the audience on this crucial topic.
Regulation as a Partner in Fintech Growth
Opemi emphasized that regulation should be seen as a partner in the growth of the fintech ecosystem, rather than a hindrance. He called for a collaborative approach between innovators and regulators, highlighting that such cooperation is essential for achieving financial stability and inclusion in Nigeria.
Challenges and Opportunities in Nigeria's Fintech Landscape
His comments struck a chord with many attendees, who acknowledged the pressing challenges and opportunities that exist within the country's fintech landscape. The dialogue underscored the need for a balanced regulatory framework that supports innovation while safeguarding the interests of consumers and the financial system.
