Expert Raises Concern Over Migration of Fintech Value to Overseas Stock Markets

Tunji David, a tech and finance expert, warns that Nigeria risks losing a substantial portion of the wealth created by its booming fintech sector as it migrates to international stock markets. This shift could undermine local economic growth and innovation, depriving the country of potential benefits such as job creation and technological advancement. The concern highlights the need for strategic measures to retain fintech value domestically, ensuring it contributes to Nigeria's economic landscape rather than flowing overseas.