Investment and trade ties between UK and Nigeria

The Mayor had earlier indicated that his visit will highlight how London’s flourishing FinTech sector can partner with Nigerian businesses of the future.

The aim of advancing the knot and fine-tuning trade occasions existing between the United Kingdom and Nigeria, Charles Bowman, Lord Mayor of London embarked on a three-day visit which ended at the Nigerian Stock Exchange (NSE).

While his visit to the NSE, Bowman stated the meetings he had over the previous three days with business and government leaders has been to fabricate financial partnerships between Nigerian and London.

The visit was a move to further connect the long strong relationship between both countries.

The Mayor had earlier indicated that his visit will highlight how London’s flourishing FinTech sector can partner with Nigerian businesses of the future.

Expressing happiness at his meeting with rising business leaders of Fintechs such as Paga, Flutterwave, among others in Yaba on Wednesday, Bowman said you have got some exceptional talent bursting out, which is a great profitable story.

Bowman decodes that in the UK following the global financial crisis, increase in the sector was based on a strategic direction supported by the government, a healthy regulatory environment and good private investments, which he said has helped in really increasing the hive of expertise London has now.

Bowman also stated, “A large part of the expertise is the Fintech services and as we move forward the financial services are gaining from it, it is largely about collaboration, and that sense of collaboration between this great country and our own, I see as a huge opportunity.”