Innovative Regulation Essential for Africa’s Fintech Advancement, Dr. Aminu Maida Highlights at Nigeria Fintech Week
At the Nigeria Fintech Week 2024, Dr. Aminu Maida, Executive Vice Chairman of the Nigerian Communications Commission (NCC), delivered a pivotal keynote address on “Smart Regulation” and its vital role in accelerating Africa’s inclusive growth.
Dr. Maida emphasized that adaptable, innovation-friendly, and collaborative regulatory frameworks are essential for driving fintech advancements while safeguarding consumer interests. He highlighted the necessity of regulations that foster innovation rather than stifle it, ensuring new technologies are both scalable and sustainable.
Dr. Maida reaffirmed the NCC’s commitment to supporting innovation through collaborative practices, positioning Nigeria and Africa as leaders in the global fintech landscape.