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FinTech: NITDA highlights impact of innovation, financial inclusion on advancing Nigeria Digital Economy in Qatar

Dr. Kashifu Inuwa Abdullahi, CCIE, Director-General of NITDA (4th from left), in a Group Photograph at the 4th MENA FinTech Festival in Doha, Qatar Recently Photo: NITDA

*Dr. Kashifu Inuwa Abdullahi, CCIE, Director-General of the National Information Technology Development Agency, at the 4th MENA FinTech Festival in Doha, Qatar, highlights how a vibrant Financial Technology ecosystem drives financial inclusion, and the Nigeria Digital Economy that continues to gain global attention

Gbenga Kayode | ConsumerConnect

As the global world marches towards Bank 4.0., a future where financial services are intelligent, seamlessly embedded, and driven by Artificial Intelligence AI and data, Nigeria’s National Information Technology Development Agency (NITDA) has highlighted how a vibrant Financial Technology (FinTech) ecosystem drives expanding financial inclusion, and a digital economy that continues to gain global attention.

ConsumerConnect reports Dr. Kashifu Inuwa Abdullahi, CCIE, Director-General of NITDA, said this in keynote address delivered the at the recent 4th MENA FinTech Festival in Doha, Qatar.

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NITDA, in a note via its verified social media account, disclosed Inuwa spoke before a global audience on the theme: “The Role of Innovation in Driving Economic Growth and Financial Inclusion”.

The Director-General of the Nigerian Information Technology (IT) sector regulatory agency, also said digital transformation has captured the world’s fast march towards Bank 4.0.

He described this digital initiative as one that embraces a future where financial services are “intelligent, seamlessly embedded, and driven by AI and data.”

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Inuwa equally underscored Nigeria’s rising influence in this transformation, powered by a vibrant Financial Technology ecosystem, expanding financial inclusion, and a digital economy fast gaining the attention if the global community.

According to him, “true innovation must move beyond access, ensuring real financial health, resilience, and shared prosperity for women, youth, rural populations, and MSMEs (Micro, Small and Medium Enterprises).”

In regard to mutual collaboration between the West African country and the bloc to maximise innovation, the NITDA Chief Executive proposed a Nigeria–MENA Digital FinTech Corridor built on interoperable cross-border payments, shared regulatory sandboxes, responsible AI deployment, youth-driven innovation exchanges, and digital finance solutions that put consumers first.

Inuwa, therefore, urged stronger Africa–MENA collaboration, reiterating that innovation remains the “engine of inclusive growth”.

Nigeria stands ready to partner, co-create, and help shape the future of digital finance, he told the global audience in Qatar.

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