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‘Payments Industry Remains Central To Economic Development’

Olushola Bello by Olushola Bello
1 month ago
in Business
FILE PHOTO: Central Bank of Nigeria's logo is seen on the headquarters building in Abuja, Nigeria January 22, 2018. REUTERS/Afolabi Sotunde/File Photo - RC1E81C7FA80

FILE PHOTO: Central Bank of Nigeria's logo is seen on the headquarters building in Abuja, Nigeria January 22, 2018. REUTERS/Afolabi Sotunde/File Photo - RC1E81C7FA80

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Xpress Payment Solutions Limited has said digital transactions will continue to drive Nigeria’s economic growth as the country accelerates its cashless transition.

Speaking ahead of Xpress Payments’ 10th anniversary celebrations, the managing director and chief executive officer, Wale Olayisade noted that “as Nigeria’s digital economy continues to expand, the payments industry will remain central to economic development.”

He added that firms like Xpress Payments remain focused on building solutions that empower businesses, support government initiatives, and improve access to financial services for millions of Nigerians.

Olayisade, said, “the milestone represents more than a corporate anniversary; it is a celebration of innovation, partnerships, trust and the transformative power of technology.”

According to him, reaching this 10-year milestone is a testament to the resilience, innovation and dedication of our team, partners, and the trust placed in us by millions of Nigerians who rely on our platforms daily.

“At Xpress Payments, we have transformed challenges into opportunities, pioneering secure and seamless payment solutions that power businesses, support government collections, and drive financial inclusion.”

He added, “as we celebrate Xpress @10, we are not just looking back; we are doubling down on our mission to simplify and enable smarter payments. We seek a digitally empowered Nigeria where transactions are effortless and opportunities boundless.”

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Olayisade noted that as Nigeria’s digital economy continues to expand, saying that “the payments industry will remain central to economic development. Xpress Payments remains focused on building solutions that empower businesses, support government initiatives and improve access to financial services for millions of Nigerians.”

The anniversary activities include a CSR initiative aimed at giving back to society and reinforcing the company’s commitment to sustainable development and community impact; and the Xpress @10 public lecture to explore emerging trends, opportunities, challenges and the future of digital payments and financial inclusion in Nigeria.

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Olushola Bello

Olushola Bello

Olushola Bello is a Senior Journalist at Leadership Newspaper, reporting on Nigeria's capital market, industry sectors, and broader economic issues. She is known for high-impact stories and in-depth analysis on business developments and financial markets, underpinned by strong editorial judgement and a commitment to accuracy and fairness.

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