Nigerian Banks Urged To Take Opportunity Of AFCTA’s N3.4tn

The federal government says the African continental free trade area has opened up opportunities for the Nigerian financial industry. <br />Nigeria’s president Muhammadu Buhari says an expanding infrastructure and a growing financial technology were also new opportunities which players in the Nigerian finance industry could leverage to boost revenue and multiply jobs. <br />He further said that the industry had an opportunity to deploy innovations in fintech for the extension of financial services to the under-served population while expanding the product space by leveraging the opportunities provided by other digital trading platforms such as warehousing, collateral management and crowd-funding.