Regulators and financial leaders are set to examine the evolving challenges and opportunities of the digital economy Nigeria at the 2025 annual conference of the Finance Correspondents Association of Nigeria (FICAN), themed Bracing for the Digital Economy in Nigeria: Taxation, Banking and Finance. The event, scheduled to hold in Lagos, will bring together top policymakers, bankers, and tax officials to explore how institutions can adapt to a rapidly digitizing financial landscape while ensuring inclusion, stability, and sustainable growth.
Headlining the conference are key figures shaping Nigeria’s economic direction, including Dr. Zacch Adedeji, Executive Chairman of the Federal Inland Revenue Service (FIRS); Oluwadare Sunday, Managing Director of the Nigeria Deposit Insurance Corporation (NDIC); Dr. Oliver Alawuba, Group Managing Director of United Bank for Africa (UBA); and Babatunde Olofin, Managing Director of Moniepoint Microfinance Bank Limited. Alawuba and Olofin are expected to deliver keynote addresses on how financial institutions can reposition their operations, products, and services for a digital-first economy.
Dr. Adedeji is also expected to speak on leveraging technology to modernize tax administration, improve revenue collection, and expand the tax net in an era where digital transactions are reshaping how businesses operate and governments collect dues. His insights come at a critical time, as Nigeria seeks to strengthen fiscal capacity amid rising informal sector activity and cross-border digital commerce.
Organized by FICAN under the leadership of its National President, Chima Nwokoji, the conference marks the association’s 35th anniversary and serves a dual purpose: enhancing the capacity of financial journalists and providing a high-level forum for policy dialogue. By deepening reporters’ understanding of digital finance, taxation reforms, and fintech innovation, the event aims to improve the quality, accuracy, and impact of economic reporting across Nigerian media.
“This year’s edition is particularly significant,” Nwokoji said. “As Nigeria navigates the complexities of a digital economy, this platform will generate critical ideas and solutions that can guide stakeholders in taxation, banking, and finance.”
Beyond panel discussions and expert presentations, the conference will offer practical strategies for navigating emerging trends such as digital currencies, open banking, cybersecurity risks, and regulatory compliance in fast-evolving fintech ecosystems. With support from industry players and regulators alike, the event is expected to foster collaboration between media, financial institutions, and public sector agencies.
As Nigeria accelerates its transition toward a digital economy Nigeria, forums like the FICAN conference play a vital role in aligning knowledge, policy, and practice—ensuring that both institutions and citizens are equipped to thrive in the new financial era.
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