First Bank of Nigeria Limited has said that its 2021 edition of its upcoming annual Fintech Summit was opened to everyone, but participants were required to register.

The bank stated that the summit which was the fifth in its series was themed ‘Open banking and its derivative opportunities for the financial ecosystem’, and would be discussed by experts, policy influencers, regulatory officials as well as key and leading players in the Nigerian financial, banking and technology climate.

It stated that the Lead Faculty of Tekedia Institute with a PhD in engineering from John Hopkins University, USA, Prof Ndubuisi Ekekwe, would be leading the discussion as the keynote speaker.

The statement said, “The need for open banking in Nigeria cannot be overemphasised as the importance goes beyond just convenience to its game-changing impact in transforming value creation, product conceptualisation and closing the financially excluded gap.