Washington DC — The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has assured that the apex bank remains committed to driving innovation in the country’s financial technology sector while maintaining integrity and prudent regulatory oversight.
Cardoso gave the assurance during a strategic session with Nigerian fintech chief executives on the sidelines of the 2025 Annual Meetings of the International Monetary Fund (IMF) and the World Bank in Washington DC.
The meeting, themed “Shaping the Future of Fintech in Nigeria: Innovation, Inclusion, and Integrity,” brought together fintech founders, investors, regulators, and policymakers for high-level discussions on the future of digital finance and regulation in Nigeria.
According to Cardoso, the CBN is focused on creating an environment that encourages creativity and innovation while upholding the trust and stability of the financial system.
“At the CBN, we are committed to creating an environment where new ideas can flourish under prudent oversight, and where inclusion is at the heart of our endeavours,” Cardoso stated.
He further stressed the need to balance technological advancement with strong governance, consumer protection, and effective risk management to preserve public confidence in Nigeria’s financial institutions.
The session underscored the CBN’s intention to collaborate with industry players to strengthen the fintech ecosystem, which continues to play a pivotal role in expanding financial inclusion and driving Nigeria’s digital economy.
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