As the frenzy that surrounds the attainment of the $1 trillion economy by 2030 gathers momentum, the financial technology sub-sector has expressed readiness to play a key role in ensuring Nigeria attains this by 2030.

The President, Dr Stanley Jacob, stated this in Lagos, when the body briefed journalists about the forthcoming Nigeria Fintechs Week with the theme: Fintech Ecosystem Symphony: Orchestrating Nigeria’s Digital Future, scheduled for October 7 to 9, 2025.

Jacob, who said the Fintech body, with over 600 members, is not just an association but a movement, is enabling progress not just within the technology space but across the sectors. He stressed that with the right policies, regulations and funding, the sub-sector can aid Nigeria’s economy in attaining the $1 trillion economy as fast as possible.

He noted that Fintechs thrive on connectivity and mobility. According to him, Nigeria is doing well in terms of connectivity, with almost all the regions connected to the networks. While in terms of mobility, there has been huge mobile phone penetration across the country, where there is about 84 per cent penetration.

He disclosed that Fintechs even enable access to cash faster through the PoS than the ATMs, “which was demonstrated during cash shortage crises and pandemic.”

The FintechNGR President said stakeholders across the country and outside the country will participate in the conference, which will be held simultaneously nationwide.

On her part, the Vice President of FintechNGR and Chairman of NFW Committee, Dr Jameelah Sharrieff-Ayedun, buttressing Jacob, said already a huge percentage of Unicorns out of Africa come from Nigeria, saying this shows the importance of that sub-sector to every economy.

Sharrief-Ayedun, who noted that the conference, which is built on three pillars of PIE, that is, participation, innovation and expansion, said the conference hoped to bring in more participants, encourage innovative ideas and expand beyond Lagos, Abuja and Port Harcourt, but to other cities in the country.

“We want everyone to bring their instrument and be able to make harmony. Even the event environment is going to be set up to allow for that type of interaction to happen. Each region will design its own experience while connecting digitally to the national programme.”

According to her, this year’s programme is about delivering an experience that resonates from the grassroots to the global stage. She said communities in each region will tailor part of the programme to local realities, whether it’s agro-fintech in the North or entertainment-tech in the South, while still linking into the national sessions.

On her part, member of the 2025 organising team and the Chief Executive Officer, Shared Agent Network Expansion Facilities (SANEF), Uche Uzoebo, said the event will enable participants to share ideas and collaborate on the sector’s development.

Uzoebo, who revealed that there have been huge developments around the agent network ecosystem, said that from about 50,000 agents in 2005 to over two million currently, the sector has done well.

According to her, the challenges confronting that space include rising cases of fraud, network failures (but there is an industry dispute resolution platform), education (financial literacy challenge), limited access to finance (but lately, fintechs facilitating loans to agents) and a rise in insecurity in the country.