Interswitch Trains 10, 000 Experts to Drive Digital Economy in Nigeria

The Interswitch Group has provided cutting-edge digital training to over 10, 000 Nigerians in various sectors of the economy to support the journey to digital economy by the Federal Government.

Mr. Akeem Lawal, MD, Payment Processing and Switching (Interswitch Purepay) said in Lagos that the Group has already commenced a new internship program to develop the needed core manpower for Digital Nigeria.

“We identified and trained over 10, 000 people over the years in various sectors of the economy. At present, we are also commencing a new internship program to develop core manpower for the country and to drive digitalisation of the nation’s economy. We need the STEM (Science-Technology-Engineering-Mathematics) concept to develop our digital economy.”

Lawal added that the Interswitch Group also began building blockchain solutions two years ago to solve problems in the pan-African payment system for seamless digital transactions. He said the Group also processes eNaira solutions for clients but does not extend same to crypto currencies in accordance with current regulations of the Central Bank of Nigeria (CBN).

On challenges in the market place, he said: “We recognise the challenges of infrastructure but we also invest on the solutions to deliver services to the public, including the challenges of power. Power remains a challenge but not what we can’t scale over.”

 

spot_img
spot_img
spot_img
spot_img
spot_img

Hot this week

Stanbic IBTC Asset Management: Financial Literacy is a Major Strategy for Young Nigerians

Financial literacy content aimed at young Nigerians has grown...

RMB, BOI at Signing of Landmark N274.18bn Inaugural Domestic Bond Issuance

L-R: Head, Debts Capital Markets, RMB Nigeria, Laju Atake;...

PenCom Engages Lagos State over Increase in Pension for Lagos State Retirees

The National Pension Commission (PenCom) acknowledges the concerns expressed...

The Nigeria Prize for Literature: Eze, Ifowodo, Oburumu in the Race for $100,000

The field has narrowed and the race for the...

Ecobank Unveils N20m InnovateX 2026 Opportunity for Young Nigerians

Ecobank Nigeria has called on young Nigerians, particularly students,...

Topics

World Bank Dumps Doing Business Report over Data Irregularities

The World Bank Group issued the following statement on the...

Africa Pension Awards 2O16: Call for Nominations!

The Africa Pension Awards was introduced in 2015 to...

Emefiele Re-appointed for 2nd Term as CBN Governor

Mr. Godwin Emefiele, Governor, Central Bank of Nigeria (CBN)...

African Alliance to Host NCRIB South-South Area Committee

Joyce Ojemudia Managing Director/CEO African Alliance Insurance Plc African Alliance Insurance Plc...

Tripoint Travels Launches a Movement to Tackle Youth Unemployment with an Internship Programme

  L-R: Mrs. Crystal Chigbu, Founder Irede Foundation; Dr Olawale...

AMCON CEO: Why Airlines Fail In Nigeria

The failure of many airlines in Nigeria and why...

‘Africa Must Digitise, Reform Tax Code to Finance Development

Africa must digitise its economies, broaden its tax base, prevent further...
spot_img

Related Articles

Popular Categories

spot_imgspot_img