The National Information Technological Developmental Agency (NITDA) has highlighted Nigeria’s vibrant fintech ecosystem, 217 startups, and four unicorns, emphasizing how public-private partnerships are driving inclusion for women and youth, enabling cross-border payments and CBDC adoption, and lowering remittance costs by 1.5%.
NITDA Director General, Kashifu Inuwa, joined other global development leaders on Money20/20 in Riyadh, Saudi Arabia, the world’s leading fintech and digital economy conference that convenes regulators, innovators, investors, and policymakers to shape the future of finance.
He reaffirmed NITDA’s commitment to regulatory harmonization, AfCFTA-aligned policies, and mobilizing diaspora capital to strengthen MSMEs, boost digital trade, and unlock Africa’s $3 trillion fintech opportunity.
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Inuwa also explained that Nigeria is moving beyond traditional infrastructure development to embrace partnerships that accelerate digital literacy, fintech innovation.
He pointed to flagship initiatives such as the Digital Literacy for All (DL4ALL) programme, which aims to train 50 million Nigerians by 2027 in collaboration with Cisco, Meta, TikTok, and Coursera.
The NITDA boss also mentioned the 3 million Technical Talent (3MTT) programme, where MTN, Microsoft, and the EU/UNDP are investing to equip young Nigerians with world-class digital skills.
He stressed that these partnerships are equipping citizens with skills, creating jobs, and building a safer, inclusive digital economy for all Nigerians.
