Nigerian fintech giant Moniepoint has announced a ₦3 billion investment to establish innovation hubs across three major federal universities in Nigeria, in a move aimed at strengthening the country’s technology talent pipeline and accelerating digital innovation.
The initiative, unveiled at Obafemi Awolowo University, will see the creation of state-of-the-art innovation hubs at Obafemi Awolowo University (OAU), the University of Nigeria, Nsukka, and Ahmadu Bello University over the next three years.
According to the company, the hubs are designed to provide students with hands-on training in software engineering, artificial intelligence, robotics, product development, data science, design, and entrepreneurship. The centres will also offer mentorship programmes, collaborative workspaces, and real-world project opportunities to prepare students for careers in the global digital economy.
Speaking at the launch, Moniepoint Group CEO Tosin Eniolorunda said the project reflects the company’s commitment to investing in locally trained talent and building sustainable innovation ecosystems across Nigeria.
The universities were strategically selected to ensure regional representation across Nigeria, with OAU representing the South-West, UNN the South-East, and ABU the North.
Industry observers describe the initiative as one of the most significant private-sector investments in Nigeria’s higher education and tech ecosystem in recent years, highlighting the growing role of fintech firms in supporting digital skills development and youth empowerment.
