Listing fintechs on the Stock Exchange

The call by the Nigerian Exchange (NGX) for President Bola Tinubu to mandate major fintechs to list on the Nigerian stock market deserves serious attention. NGX Group Managing Director and Chief Executive Officer Temi Popoola made the appeal during an engagement with the President, against the background of the Exchange’s drive to deepen Nigeria’s capital market and ensure that businesses creating value in the country also create investment opportunities for Nigerians.
Fintechs are financial-technology companies that use digital technology to provide or improve financial services, from payments and transfers to savings, lending, investment, and banking-related services. Nigeria’s leadin...