Nigerian finance professional Olumide Adesina has revealed that the central bank of Nigeria has set its sights on expanding the country’s financial ecosystem to include digital securities that have been approved by the local regulator. This move is aimed at embracing the benefits and opportunities offered by digitalization in the financial sector. By allowing the integration of digital securities, the central bank hopes to enhance the efficiency and accessibility of the financial system, while also ensuring compliance with regulatory standards. This step demonstrates Nigeria’s commitment to keeping pace with global financial trends and leveraging technology to drive growth and innovation in its financial industry.
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