Nigeria Launches Payments Systems Vision 2028 to Drive Financial Inclusion and Innovation

Source: Extensia

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has unveiled the Nigeria Payments Systems Vision 2028 (PSV 2028), a strategic framework aimed at transforming the country’s digital payments ecosystem. The initiative is designed to deepen payments infrastructure, expand financial inclusion, accelerate innovation, strengthen cybersecurity, and enhance Nigeria’s integration with regional and global financial systems.

Speaking at the launch, Cardoso described PSV 2028 as a “Nigerian project” that reflects a collective ambition to reshape how citizens transact, trade, save, and invest in a rapidly evolving digital economy. He emphasized that the Central Bank of Nigeria will provide the leadership and enabling environment required to balance innovation with financial stability, while also promoting competition and collaboration across the financial ecosystem.