Office Hours Mon – Fri: 8.00 am – 5.00 pm
Mandate and strategic vision
The Financial System Innovation Centre (FSIC) is a CBN-led digital transformation initiative designed to establish a trusted, secure and workflow-enabled gateway for responsible financial innovation engagement in Nigeria.
It is a collaborative delivery platform that bridges innovation and regulation by convening regulators, financial institutions, innovators and ecosystem partners to safely test, refine and scale practical financial innovations for system-level impact.
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350
Research
Papers
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+ Innovation
Entries
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2000
Daily
Visits
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20
Technical
partners
Core objectives
Safe Innovation Environment
Provide a safe environment for innovators to design, prototype, test and scale practical financial solutions responsibly.
Regulatory Engagement & Oversight
Strengthen regulatory engagement by connecting innovators with FSIC and the financial services ecosystem to improve clarity and support informed and proactive oversight.
Ecosystem & Market Collaboration
Promote ecosystem collaboration by convening regulators, financial institutions, fintechs, academia, investors, researchers, and partners to address shared priorities and market opportunities.
Evidence-Based Solution Acceleration
Accelerate the development of evidence-based solutions through structured experimentation, continuous learning, and reliable insights that move promising ideas responsibly from concept to implementation.
Ecosystem coordination
Advance financial inclusion and system efficiency by supporting trusted, accessible and consumer focused solutions that improve financial services and address market failures.
See How Tomorrowâs
Finance Is Safely Tested Today
Real Experiments, Practical Evidence, and Responsible Pathways to Scale
Governance Positioning
FSIC operates as a distinct, neutral ecosystem platform, with operational independence and institutional support from the regulators for mandate and authority. Through clear decision rights and accountability, FSIC acts with agility, manages critical ecosystem dependencies and channels practical insights to policy, supervision and the wider market. It is not an approval gateway, supervisory arm or service unit; it coordinates participants, enables responsible experimentation and delivers system-level outcomes.
Meet The Board
Our top management team brings together diverse expertise across financial regulation, technology, policy, and strategy. With a shared commitment to fostering responsible innovation, our leaders guide the Financial System Innovation Centre in bridging the gap between innovators and regulatorsâbuilding a safer, more inclusive, and resilient financial ecosystem for Nigeria and beyond.
Explicit non-endorsement
and regulatory disclaimer
âNON-ENDORSEMENT NOTICE: FSIC is not an approval gateway, supervisory arm, endorsement body or substitute for formal regulatory processes. Participation in an FSIC programme, test or collaboration does not constitute regulatory approval, certification or endorsement by the regulators or any participating institution.â