President Bola Tinubu has affirmed his administration’s backing for financial technology firms as Flutterwave, a prominent African Fintech company, looks to go public on the Nigerian Exchange. This assurance was given during a meeting at the Presidential Villa in Abuja, where Tinubu met with Flutterwave’s leadership and Alami Capital representatives. Flutterwave, a company founded by young Nigerians with its headquarters in Lagos, operates both in Africa and internationally. Tinubu highlighted Nigeria’s business-friendly environment and expressed his commitment to eliminating obstacles hindering companies from thriving. He praised Flutterwave for its role in the digital economy and its impact on Nigeria’s economic growth. Finance Minister Wale Edun acknowledged Flutterwave’s achievements in job creation and economic diversification through innovative digital platforms and payment services across Africa. Flutterwave’s CEO, Olugbenga Agboola, showcased the company’s accomplishments, including facilitating global payments for Nigerians and diaspora remittances. The meeting demonstrated the Tinubu administration’s dedication to nurturing the Fintech sector in Nigeria and supporting companies like Flutterwave in their quest to contribute to the country’s economic progress. The potential listing of Flutterwave on the Nigerian Exchange is expected to enhance investor confidence in Nigeria’s tech industry.
Flutterwave aims for NGX, secures Tinubu’s backing
