Lagos, Nigeria – June 14, 2025
Financial experts have projected that Nigeria’s financial ecosystem will undergo a radical transformation by the year 2035, driven by rapid digital adoption, regulatory reforms, and deepening financial inclusion.
This was revealed during the Nigeria Future Finance Conference 2025, held in Lagos, where industry leaders, policymakers, and innovators gathered to discuss the trajectory of the nation’s financial system in the next decade.
Delivering the keynote address, the Director-General of the Financial Services Innovation Council, Dr. Amina Lawal, noted that the convergence of fintech, blockchain technology, and artificial intelligence would reshape the structure and delivery of financial services across Nigeria.
“By 2035, we expect to see a more inclusive and technology-driven financial environment, with cashless transactions becoming the norm and financial access extending to rural communities through mobile platforms,” she said.
Other speakers at the conference pointed to the growing impact of government-led initiatives like the eNaira, increased venture capital inflow into the fintech sector, and regulatory modernization as key drivers of this evolution.
The Central Bank of Nigeria (CBN) also reaffirmed its commitment to enabling innovation while safeguarding financial stability. According to the Deputy Governor (Operations), Mr. Abdul Musa, “The CBN will continue to strike a balance between encouraging innovation and protecting consumers.”
Participants emphasized the need for sustained investment in digital infrastructure, cyber-security, and financial literacy to ensure the success of the projected transformation.
The event concluded with the launch of the “Future of Finance 2035” roadmap — a strategic framework outlining milestones and policy actions to realize a robust, equitable, and digitally integrated Nigerian financial system.
