FG Commends Moniepoint for Fintech Innovation, Financial Inclusion Efforts

The Federal Government has congratulated Moniepoint Inc. for its leadership in financial technology innovation and its efforts to expand financial inclusion across Nigeria.

Vice President Kashim Shettima made the commendation in Abuja during a courtesy visit by Moniepoint’s leadership team, led by its CEO, Tosin Eniolorunda. Shettima lauded the company’s innovative use of technology to empower small and medium-scale enterprises (SMEs) while ensuring diversity and inclusion within its operations.  

“Moniepoint is a kaleidoscope of colours, reflecting Nigeria’s multicultural identity,” Shettima said. He noted the company’s workforce of over 3,000 employees, which includes significant representation of women in leadership roles, as a model for other organisations.  

While celebrating Moniepoint’s success, Shettima urged the company to implement stringent measures to prevent misuse of its platform by fraudsters. He reaffirmed the government’s commitment to supporting the firm’s local operations and global expansion plans.  

Shettima also highlighted other government-backed initiatives, such as Amal Hassan’s Outsource to Nigeria project, underscoring the administration’s focus on leveraging innovation to boost the economy.  

Eniolorunda expressed gratitude for the recognition and reiterated Moniepoint’s dedication to building a robust digital ecosystem. “Our mission is to empower every Nigerian through technology, and we remain committed to this goal,” he said.  

Moniepoint’s recognition by the federal government cements its position as a leader in Nigeria’s evolving financial landscape, driven by innovation, inclusivity, and collaboration.

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