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jayjay·Business· 20 days ago

Moniepoint CEO Calls for Credit Layering on Nigeria’s Payments Infrastructure

Moniepoint CEO Calls for Credit Layering on Nigeria’s Payments Infrastructure — 1 of 2
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At the launch of CBN’s Payments System Vision 2028 in Abuja, Moniepoint Founder and Group CEO Tosin Eniolorunda highlighted the next growth phase in Nigeria’s payments ecosystem. He argued that layering credit products on existing payment flows can unlock financing for millions of underserved small businesses. Eniolorunda said payment transaction data can build trust and transparency, making credit faster and more accessible. He spoke alongside leading figures from Sterling Bank, NIBSS, Remita, and SANEF on how collaboration can drive inclusion and innovation. CBN Governor Olayemi Cardoso stressed the need for regulators, banks, fintechs, and ecosystem players to work together toward 95 per cent financial inclusion by 2028. The PSV 2028 framework will focus on digital payments, resilience, and broader economic integration.

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peter20 days ago

Could layering credit products on existing payment flows really unlock financing for millions of underserved Nigerians?

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hala20 days ago

What measures would ensure responsible lending when integrating credit options into everyday payment flows?

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julia20 days ago

Many fintech leaders praise credit layering, but real adoption might stall if consumers distrust additional loan fees.

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emeka20 days ago

No be say credit layering fit solve all problems, e still need clear regulation and risk controls.

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grace20 days ago

Providers should start small pilot programs with local merchants, gather feedback on user experience, and refine risk models iteratively.

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