Dr Stanley Jacob – Tech | Business | Economy https://techeconomy.ng Tech | Business | Economy Wed, 23 Jul 2025 19:18:22 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://techeconomy.ng/wp-content/uploads/2025/06/cropped-256Px-32x32.png Dr Stanley Jacob – Tech | Business | Economy https://techeconomy.ng 32 32 Nigeria Fintech Week 2025 to Spotlight Bold Innovation, National Inclusion across Multi-City Experience https://techeconomy.ng/nigeria-fintech-week-2025-to-spotlight-bold-innovation/ https://techeconomy.ng/nigeria-fintech-week-2025-to-spotlight-bold-innovation/#respond Wed, 23 Jul 2025 19:14:43 +0000 https://techeconomy.ng/?p=163696 Nigeria Fintech Week (NFW) is set to return from October 7–9, 2025, with a bold new format that reflects its growing impact on Africa’s digital economy.

Unveiled at a press briefing on July 23, the 8th edition, dubbed “The Fintech Ecosystem Symphony: Orchestrating Nigeria’s Digital Future”, aims to bring together over 20,000 participants from across sectors and regions.

Organised by the Fintech Association of Nigeria, NFW25 will explore how coordinated efforts between government, startups, corporates, and investors can fast-track innovation and financial inclusion across the continent.

“This is no longer just an event. It’s a movement,” said Dr. Stanley Jacob, president of the Fintech Association of Nigeria. “NFW25 will be where new partnerships are forged, sectors transformed, and the future of Nigeria’s digital economy is composed like a symphony.”

For the first time, Nigeria Fintech Week will span multiple locations, Abuja, Delta, and Enugu, before culminating at the Landmark Centre in Lagos.

The multi-city format is designed to widen participation and showcase the reach of fintech across Nigeria’s geopolitical zones.

According to Dr. Jameelah Sharrieff-Ayedun, vice president and chair of the Organising Committee, the expansion reinforces NFW’s commitment to accessibility and grassroots innovation. “Fintech is for everyone now, from farmers to students, from SMEs to regulators,” she said.

Uche Uzoebo, CEO of the Shared Agent Network Expansion Facilities Limited (SANEF) added, “Even churches, schools, and food vendors are digitising. NFW25 is where they’ll find solutions, partners, and tools to grow.”

Nigeria Fintech Week has grown since 2017 into Africa’s leading fintech gathering, driving policy shifts, investment, and digital transformation.

With this year’s expansive approach, the stage is set to orchestrate an even more inclusive and impactful digital future.

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FintechNGR Sets Vision for Nigeria’s Digital Future at 8th AGM https://techeconomy.ng/fintechngr-sets-vision-for-nigerias-digital-future-at-8th-agm/ https://techeconomy.ng/fintechngr-sets-vision-for-nigerias-digital-future-at-8th-agm/#respond Mon, 14 Jul 2025 10:04:17 +0000 https://techeconomy.ng/?p=162963 At its 8th Annual General Meeting held on July 8 in Lagos, the Fintech Association of Nigeria (FintechNGR) charted a bold course for Nigeria’s digital economy, reaffirming its role as the leading force behind Africa’s fintech transformation.

The hybrid event brought together over 600 members, including fintech executives, policymakers, and innovation leaders.

Opening the session, Dr. Segun Aina, chairman of the Board of Trustees, emphasized the need for collaborative leadership to drive Nigeria’s digital renaissance.

In his President’s address, Dr. Stanley Jacob outlined achievements under the Association’s PIE agenda, Participation, Innovation, and Expansion.

Key milestones include:

  • A growing membership base exceeding 600.
  • The rollout of five dynamic Communities of Practice (CoPs) focused on innovation, policy engagement, cybersecurity, inclusion, and ecosystem advocacy.
  • Strategic roles in national policy platforms, including the Open Banking Implementation Committee and NITDA’s Cybersecurity Steering Group.

Looking ahead, Dr. Jacob unveiled the theme for Nigeria Fintech Week 2025:

“The Fintech Ecosystem Symphony: Orchestrating Nigeria’s Digital Future.”
The landmark event, spanning four regional hubs, is targeting over ₦1 billion in revenue and sponsorship, further cementing Nigeria’s role as Africa’s digital finance hub.

Despite slight revenue declines and increased operational costs, FintechNGR’s 2024 financials reflect solid health, with a liquidity ratio of 4.65:1.

Reforms in governance, procurement, and data privacy reinforce the association’s commitment to transparency, resilience, and ethical standards.

FintechNGR is more than a platform, it is the heartbeat of Nigeria’s digital evolution and a catalyst for Africa’s financial transformation,” said Dr. Jacob.

The AGM concluded with a renewed call for members to lead as innovators, ecosystem builders, and policy advocates, united in shaping an inclusive and future-ready digital economy for Nigeria and beyond.

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FintechNGR Partners NAICOM on Insurance Policy Project https://techeconomy.ng/fintechngr-partners-naicom-on-insurance-policy-project/ https://techeconomy.ng/fintechngr-partners-naicom-on-insurance-policy-project/#respond Mon, 13 May 2024 10:57:00 +0000 https://techeconomy.ng/?p=131218 In a bid to deepen its impacts on the policy landscape and make innovation more entrenched in Nigeria, FintechNGR has partnered with the National Insurance Commission (NAICOM) to develop a Fintech Adoption Roadmap Policy in the Insurance Sector.

With this partnership, FintechNGR will set to achieve similar feat it did in 2019 when it developed Fintech Adoption Roadmap Policy in the Capital Market in partnership with the Security & Exchange Commission under the aegis of Nigerian Capital Markets.

Similarly, FintechNGR is partnering with Galaxy Backbone, an agency of the Federal Government in charge of Satellite, Cloud and ICT management to develop a Nigerian Domestic Cloud initiative that will domesticate cloud businesses in Nigeria.

The inauguration of the Insurance Roadmap Committee by Mr Sunday Thomas, the Insurance Commissioner, was a significant step towards driving digital transformation in the insurance sector.

According to Mr Thomas ‘the policy will further help the sector to leverage technology to enhance transparency, speed, and efficiency in insurance services, ultimately making insurance more accessible and affordable in the overall interest of driving financial inclusion’.

In his words, Dr Stanley Jacob, vice president of FintechNGR says;

‘the policy will open market and market access, drive digital presence, and aid insurance penetration’.

His comments highlight the potential impact of the policy on expanding market opportunities and increasing the accessibility of insurance services.

FintechNGR and NAICOM
FintechNGR and NAICOM

Similarly, the partnership with Galaxy Backbone  would promote indigenous cloud services, develop cloud adoption frameworks, and make cloud infrastructure available to startups and Nigerians at affordable rates.

FintechNGR and NAICOM
FintechNGR and NAICOM

These two initiatives aim to drive innovation in the financial services sector and help Nigerians harness data, access array of opportunities, make insurance and emerging technologies more attractive.

Overall, the projects are a further testament to FintechNGR’s commitment to driving innovation and collaboration within the ecosystem, with a focus on leveraging technology to enhance efficiency and accessibility. It also attests to the openness of the Regulators to deepening innovation as they create balanced policies.

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