Ernest Ndukwe celebrates Flutterwave ‘s growth to continents
Board Chairman of MTN Nigeria, Dr Ernest Ndukwe, has traced Nigeria’s digital evolution from the period of lengthy queues at NITEL workplaces to the rise of worldwide aggressive fintech companies, as he celebrated Flutterwave’s tenth anniversary and its rising affect within the world funds ecosystem.
Talking on the firm’s Gala Evening hosted by the distinguished ‘The Delborough Lagos’, Ndukwe mirrored on his time on the Nigerian Communications Fee beneath former President Olusegun Obasanjo, noting that the telecom reforms of the early 2000s dismantled systemic inefficiencies and opened the door for private-sector innovation.
He recalled that earlier than liberalisation, Nigerians endured extended waits to make worldwide calls, a actuality that disappeared after 2001 when the telecom revolution took maintain.
Based on him, that transformation laid the groundwork for immediately’s digital financial system, enabling firms equivalent to Flutterwave to thrive.
He described the fintech agency as “a global firm made in Nigeria,” including that its capacity to satisfy world requirements demonstrates the power of native enterprise when supported by the correct coverage atmosphere.
Moreover, Ndukwe stated he had noticed Flutterwave’s development with admiration, describing its achievements over the previous decade as outstanding.
Nonetheless, he cautioned that sustained growth would rely on robust institutional self-discipline.
“Company governance is essential. Success can go two methods, it may both make you lose your head or make you focus extra,” he stated, urging the corporate’s management to stay targeted because it scales throughout markets.
He additionally underscored the precept that excellence calls for continuity, noting that “the reward for onerous work is extra work,” a reminder that innovation have to be sustained via constant effort.
As well as, Ndukwe acknowledged earlier pioneers in Nigeria’s digital cost infrastructure, together with John Obaro, founding father of SystemSpecs and creator of Remita, the platform utilized by the Federal Authorities for income assortment.
He described such innovators as senior figures whose groundwork strengthened the broader {financial} know-how ecosystem.
Concluding his remarks, the MTN Nigeria board chairman expressed confidence in Flutterwave’s trajectory, assuring the corporate of continued trade assist because it deepens its footprint throughout Africa and past.