CBN Sets New Priorities to Strengthen Nigeria’s Fintech Ecosystem

By Oluwakemi Kindness

The Central Bank of Nigeria (CBN) has outlined new policy priorities focused on regulatory coordination, stronger supervisory capacity and responsible, scalable innovation to sustain growth and protect the integrity of the country’s fintech ecosystem.

In a new assessment report released on Monday, the apex bank said Nigeria’s fintech landscape has grown rapidly, boosted by real-time payments infrastructure and rising digital adoption across the country.

According to the report, fintech innovation continues to complement the wider financial system by improving access, efficiency and reach while maintaining overall stability.

The CBN noted that the next phase of industry growth will depend on greater interoperability, proportional regulation and more effective execution—factors it described as essential for building a sustainable, future-ready ecosystem.

The publication is part of an ongoing CBN series designed to provide clearer regulatory direction and promote better coordination among stakeholders.

It serves as a reference point for banks, fintech firms, regulators, infrastructure providers, investors and other partners as Nigeria deepens its regional and global fintech relevance.