Tinubu supports fintech growth as Flutterwave eyes NGX listing

Speaking in Abuja yesterday, Tinubu welcomed the leadership of Flutterwave and Alami Capital, as confirmed by presidential spokesman Bayo Onanuga.

Representing Flutterwave at the meeting were CEO Olugbenga Agboola, along with Adeleke Adekoya, Oluwabankole Falade, and Mitesh Popat. Alami Capital’s CEO, Oluseun Olufemi-White, also attended.

The delegation was led by Minister of Finance and Coordinating Minister of the Economy, Wale Edun, alongside Dr. Armstrong Ume Takang, Managing Director of the Ministry of Finance Incorporated (MOFI), and Dr. Inuwa Kashifu Abdullahi, Director General of the National Information Technology Development Agency (NITDA).

President Tinubu reiterated Nigeria’s openness to business and his commitment to removing barriers that hinder companies from thriving. He commended Flutterwave for its contributions to the digital economy, emphasizing the role of young Nigerians in driving innovation.

According to Tinubu, Flutterwave’s leadership in the fintech sector aligns with Nigeria’s economic growth aspirations and enhances financial accessibility for the population.

The Finance Minister, Edun highlighted Flutterwave’s achievements over the past decade, noting its role in job creation and economic diversification through innovative digital payment solutions across Africa.

Agboola explained that Flutterwave has simplified global payments for Nigerians, facilitating Naira transactions and enabling diaspora remittances.

Valued at over $3 billion and employing more than 1,000 Nigerians, the company is seeking to list on the Nigerian Exchange and requested the President’s support for its plans.