The CEO of Flutterwave, Africa’s leading fintech unicorn, Olugbenga “GB” Agboola has hinted that the company is seeking to be listed on the Nigerian Exchange and is soliciting the support of Nigerian President Bola Ahmed Tinubu to do so.
At a recent meeting with the Nigerian President, the Flutterwave CEO said “the company seeks to be listed on the Nigerian Exchange” and then went ahead to solicit the President’s support in that direction.
During the meeting, Agboola said Flutterwave has made it easy for Nigerians to pay for some global services with naira and provided payment platforms for Nigerians in the diaspora who are willing to send money to families and relatives in the country.
He also noted that the company, which is currently valued at over $3 billion, is a Nigerian export and brand employing over 1,000 Nigerians, and therefore more than qualifies to list on the NGX.
The meeting was attended by the leadership of Flutterwave and Alami Capital in Abuja, according to a statement issued by the the President Tinubu’s special adviser on information and strategy, Bayo Onanuga.
On his part, President Tinubu said his administration will support businesses in the financial technology (fintech) sector that provide payment infrastructure services for Nigerians and Africans.
The President said Nigeria is genuinely open to businesses, assuring of his determination to remove all obstacles to allow companies to thrive.
He commended Flutterwave’s commitment to building capacity in the digital economy sector, especially as it is being made possible by energetic, young Nigerians.
According to the statement, Tinubu said he is honoured to be the president of a country with such a youthful and resourceful population.
“The leadership Flutterwave provides in the digital world is what Nigeria needs today to grow its economy and make life easier for most of its population,” the president was quoted as saying.
