Connect with us

Business News

Omolokun Advocates Fintech Roadmap for Nigeria

Published

on

By Dipo Olowookere

The Managing Director of VFD Microfinance Bank, Mr Gbenga Omolokun, has called for the establishment of a roadmap for financial technology (fintech) for Nigeria.

According to Mr Omolokun, this fintech roadmap will put in proper perspective effective ways to deepen financial services utilisation and inclusion in the country and bring more unbanked Nigerians into the system.

“There is a need to focus on strengthening collaboration to ensure fintech adoption, deepen financial service utilisation and inclusion.

“We need to build a fintech roadmap for the country and make sure technology plays an active role in financial inclusion for many unbanked Nigerians,” the financial expert said at the Nigeria Fintech Week held in Lagos between October 25 and 29, 2021.

Business Post reports that the session deliberated on the topic Disruption Disrupted and how the COVID-19 pandemic disrupted business activities for tech companies around the world including fintech.

The Senior Product Manager at VBank, Mr Ebere Ahaotu, while speaking at the event, urged participants to embrace new technology, maintaining that, “The future belongs to fintech who can remain agile while continuously exploring and adopting innovative, new ways of doing things. These are the businesses that will thrive in the face of disruptions.”

It was gathered that the VBank sponsored Nigeria Fintech Week brought together over one million participants from multiple locations in and out of Nigeria.

Launched on March 25, 2020, VBank is a next-generation bank powered by VFD Microfinance Bank. The digital bank has onboarded over 250,000 individuals and businesses and processed transactions worth billions on its mobile banking platform across Nigeria.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News11 mins ago

Dickson condemns politicisation of Bayelsa oil spill, advocates compensation

News33 mins ago

APC: Court to hear suit seeking dissolution of Buni-led caretaker c’ttee Dec 17

News55 mins ago

Three kidnapped Ogun church members rescued, suspected rapist arrested

News1 hour ago

N’Assembly, NGF fault UK travel ban, demand reversal

News2 hours ago

Qatar Airways, Hamad airport unveil ‘fly and win’ campaign

World2 hours ago

Video: Robert Spencer’s post-debate review on Reason and Theology

News2 hours ago

Ikoyi building: Sanwo-Olu vows to deal with saboteurs in govt, awaits panel report

News2 hours ago

Four Ekiti men remanded for stealing laptop, phones

News3 hours ago

COVID-19 force majeure over vaccines

News4 hours ago

ICPC probes 52 teaching hospitals over N49.4bn intervention fund spending

News4 hours ago

Niger PDP removes ex-gov Aliyu as party leader, picks senator

News4 hours ago

Kwara gov signs law reserving 35% of appointments for women

News4 hours ago

Edo students strip policeman, set school ablaze, principal flees

News4 hours ago

S’West govs working on arms for Amotekun operatives – Makinde

News4 hours ago

Oil well: Senate threatens arrest, firm sues lawmakers, demands N10bn

News4 hours ago

Ebonyi elders’ council backs Umahi’s presidential bid, says gov detribalised

News4 hours ago

Senate demands maximum sanction for oil firm Bayelsa spill

News4 hours ago

Suit seeking Buhari’s removal, election loser’s inauguration fixed for Feb 8

News4 hours ago

APC headquarters has demanded stay of execution on congresses ruling – Kano

News4 hours ago

NIMC battles high maintenance costs, obsolete computers, poor connectivity

News17 hours ago

Red List: NANS threatens shutdown of British, Canadian missions, issues 72hrs ultimatum for reversal

News24 hours ago

NDLEA, UN agency launch five-year master plan to check drug abuse

Entertainment23 hours ago

“There is a nasty bug going around. Everyone I know is sick”- Toke Makinwa cries out

Local17 hours ago

‘I’m not for sale’, Buhari’s aide tells airport operators

Politics17 hours ago

Ex-PMAN President, Bolaji Rosiji, is dead

News17 hours ago

Omicron: Student, work visa applications will be processed despite travel restrictions — UK

Politics16 hours ago

Alleged money laundering: Court fixes March 7 for trial-within-trial for ex-minister Adoke, one other

Entertainment16 hours ago

“A well-to do young man has no business praying for a wife, there are things men don’t do” – Nigerian man sparks debate

News16 hours ago

Tonto Dikeh urges Halima Abubakar to name bullies in Nollywood

Entertainment17 hours ago

#JusticeForSylvester: “My son is innocent, he’s not a boarder” – Mother of accused student, Edward Brown speaks

Politics20 hours ago

Students risk losing $17trn in lifetime earnings to COVID-19, says report

Relationship12 hours ago

The Type Of Guy You Deserve, Based On Your Love Language

News12 hours ago

Anambra airport receives first commercial flight, begins operations

Technology24 hours ago

You Can Now Set Disappearing Message By Default on All Chat

Business News22 hours ago

NGX Index Sheds 0.38% as HNIs, Institutional Investors Dominate Market

Sports17 hours ago

Steven Gerrard Admits He Is Surprised By How Quickly His Players Have Taken On Board His Philosophy

Entertainment23 hours ago

Update: Eight children found dead inside parked car in Lagos laid to rest

Entertainment18 hours ago

“What about being a woman is funny?” – Reality star, Isilomo fumes as she reveals she despises Nigerian comedians who dress like women to appear funny

Viral16 hours ago

Man Caught On Camera Doing It With A Woman With Huge Boobs In A Swimming Pool (Video)

Politics16 hours ago

FG partners World Bank on mineral data capturing in Kwara, 18 other states

Trending