The Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa, has said the future of Nigeria’s banking industry will be determined not by capital accumulation alone, but by the ability of financial institutions to build digital trust through artificial intelligence (AI), regulatory technology (RegTech) and cyber resilience. Speaking at the Future of Banking Nigeria Summit organised by CNBC Africa in Lagos, Inuwa said the banking sector has successfully navigated major reforms, including the 2005 banking consolidation, the 2009 banking reforms and the ongoing recapitalisation exercise. However, he…
