First Bank, fintech summit to focus on digital economy

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FirstBank has partnered with the Nigerian Fintech Festival to drive innovation and collaboration aimed at advancing Nigeria’s digital economy.

According to the lender, the festival, which is taking place on Thursday in Lagos, will host over 1,000 industry stakeholders from the fintech and financial services sectors.

The bank said in a statement on Monday that this year’s edition, themed “The Convergence to Co-create & Celebrate Nigeria’s Truly Digital Economy”, underscored the festival’s dedication to fostering innovation and collaboration in Nigeria’s digital landscape.

The Group Executive of Technology, Digital Innovation and Services of the bank, Callistus Obetta, noted, “FirstBank’s partnership with the Nigerian Fintech Festival not only aligns with its commitment to driving innovation but also fosters collaboration between the Bank and Fintechs towards the growth of the Nigerian financial services sector.

“As an enabler and leader in the banking space, FirstBank is dedicated to promoting initiatives that foster collaboration, knowledge sharing, and thought leadership that have the potential to drive the future of finance and the country’s digital economy for the benefit of customers and businesses. This is a testament to our 130-year legacy of enabling individuals, businesses, and communities to unlock their full potential.”

The Managing Director of Total Scope Marketing Solutions and Convener of the Nigerian Fintech Festival, Ikechukwu Ugwu, said the festival was a platform that drives innovation and fosters collaboration within the financial service ecosystem.

“By bringing together thought leaders, innovators, and key stakeholders, the festival addresses the challenges and opportunities within Africa’s rapidly evolving fintech landscape.

“Its goal is to stimulate meaningful discussions and drive sustainable growth within Nigeria and across the continent’s digital payments ecosystem,” he stated.

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