Stakeholders to address the relevance of Fintech in financial inclusion

Stakeholders to address the relevance of Fintech in financial inclusion

Financial services stakeholders are expected to gather the SuperNews Nigeria conference to examine the relevance of Fintech in bringing the unbanked, uninsured and those yet to be part of the pension into the financial system for economic growth.

The conference, which is expected to hold on Thursday, April 27, 2023, in Ikeja, Lagos, will bring together regulators and experts who will discuss the theme: “Imperative of Fintech in Promoting Financial Inclusion in Nigeria.”

The event has the Executive Vice President (EVC) and Chief Executive Officer (CEO) of the Nigerian Communications Commission (NCC), Professor Umar Danbatta, as the keynote speaker while the Commissioner for Insurance/Chief Executive Officer, National Insurance Commission (NAICOM), Mr. Søndag Thomas will chair the event.

The conference will also feature a panel session which will be chaired by representatives of the Securities and Exchange Commission (SEC), the National Pension Commission (PenCom) and senior executives drawn from the financial sector, including; Managing Director, Tangerine General Insurance, Mr. Mayowa Adeduro; Managing Director, Premium Pension Limited, Mr. Umar Sanda Mairami and Group CEO, Parthian, Mr. Oluseye Olusoga.

The publisher of SuperNews Nigeria, Ngozi Onyeakusi, said: “For any nation to achieve the goal of eliminating extreme poverty and increasing shared prosperity through financial inclusion, there is need for it to adopt financial technology (Fintech).

Fintech always positively affects all aspects of our lives, everything from payment for services rendered, trading activities, lending platforms, banking services, asset or financial management, mobilization of funds among others.

“There is no doubt that the rise of Fintech is a direct product of the development of an age of disruptive and digital technology or innovation, offering innovative products and services to consumers and stakeholders across the entire financial ecosystem.”

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Among other things, she said, the conference will also highlight and examine the relevance of Fintech to bring the unbanked into the financial system for economic growth.

She also emphasized that the confab is a learning opportunity designed to raise awareness, deepen the understanding of participants about the role of financial technology in making banking and insurance services cheaper, faster and more convenient.

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