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Uzoma Dozie: Nigeria must leverage technology to curb fraud in banking sector

Uzoma Dozie is one of Nigeria’s foremost leaders in the financial sector and the last group managing director of the defunct Diamond Bank. An experienced entrepreneur, economist, and technologist, Dozie has been at the vanguard of implementing large-scale technology solutions to drive sustainable economic reform in Africa’s financial services sector for over twenty years.

In 2019, Dozie launched Sparkle, a mobile-first platform for Nigeria’s retail sector, combining his vision for using technology to power financial inclusion at scale with his extensive background in retail and financial services.

Although he believes that Nigeria’s banking sector has achieved huge milestones, the financial advisor is of the view that a lack of trust in the system may hinder growth. According to the 2022 Edelman Trust Barometer, developed countries lacked economic optimism, signalled by distrust in central banks and financial services.

In this interview with TheCable’s DESMOND OKON, Dozie spoke on the importance of trust, collaboration in the banking sector, and other issues critical to accelerating growth and fostering confidence in the Nigerian banking sector.

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Watch interview below.

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