In a recent LinkedIn post, Tosin Eniolorunda 46833618 discusses the significant advancements in Nigeria’s payments ecosystem and the future opportunities presented by the Nigeria Payments System Vision 2028 (PSV 2028). Eniolorunda highlights the evolution of payments in the country over the past decade and emphasizes the potential for this infrastructure to become a cornerstone for broader financial inclusion for individuals and businesses.
Eniolorunda shared his perspective during a panel discussion, suggesting that the next wave of growth in the payments sector will likely stem from integrating services such as credit directly onto existing payment flows. This approach, he posits, leverages the established visibility and trust inherent in financial transactions.
“Over the last decade, payments in Nigeria have grown significantly, but the bigger opportunity now is ensuring payments become the foundation for broader financial access for individuals and businesses.”
The core of Eniolorunda’s argument centers on the strategic use of data generated by payment infrastructure. He posits that this data, when handled responsibly, can be instrumental in providing quicker and more accessible credit to historically underserved businesses, addressing a key barrier to their growth.
Unlocking Credit Through Payment Data
As Tosin Eniolorunda 46833618 notes, the data generated by payment systems is a powerful asset. This information can be ethically leveraged to facilitate credit access for small and medium-sized enterprises (SMEs) that have often struggled with traditional lending avenues.
“One of the most powerful things about payment infrastructure is the data it creates. When used responsibly, it can help unlock quicker and more accessible credit for businesses that have historically been underserved.”
Eniolorunda’s view is that the existing payment infrastructure provides a unique vantage point into the financial behavior of businesses. By analyzing this data, financial institutions and fintechs can develop more accurate risk assessments and offer tailored credit products, thereby fostering economic activity and inclusion.
The Importance of Collaboration and Innovation
The Central Bank of Nigeria’s emphasis on collaboration, innovation, and building a resilient payments ecosystem was also a key takeaway from the event, according to Eniolorunda. He underscores that achieving the ambitious goals set forth in PSV 2028 necessitates a unified approach from all stakeholders.
“Achieving the ambitions of PSV 2028 will require regulators, banks, fintechs, and ecosystem players working together with a shared long-term vision.”
This collaborative spirit, Eniolorunda argues, is crucial for navigating the complexities of developing a financial landscape that supports both inclusion and robust economic growth. He points to Nigeria’s already dynamic fintech market as evidence of what can be achieved when various entities work in concert.
The Future: Prosperity Through Infrastructure
In conclusion, Tosin Eniolorunda 46833618 suggests that Nigeria is poised to transition from building foundational payment infrastructure to translating that infrastructure into tangible economic prosperity. The next phase, as he sees it, is about ensuring that the technological advancements benefit millions of Nigerians and businesses.
“The next chapter is about ensuring the infrastructure we’ve built translates into real economic prosperity for millions of people and businesses across the country.”
Eniolorunda’s insights position PSV 2028 not just as a regulatory framework, but as a strategic blueprint for deepening financial inclusion and driving economic development through innovative use of payment systems and the data they generate.
📝 About This Content
This article is based on insights shared by Tosin Eniolorunda 46833618 on LinkedIn.
📅 Originally posted on June 3, 2026 | View original post on LinkedIn →