Flutterwave CEO, Elumelu, Ovia Lead Nigeria’s Power Push for UK Capital Dominance

Founder and Chief Executive Officer of Flutterwave, Olugbenga Agboola, joined Bola Ahmed Tinubu in London as part of a high-powered private sector delegation during Nigeria’s first State Visit to the United Kingdom in 37 years.

At the centre of the engagement was the UK-Nigeria Business Summit held at Mansion House, where top executives and policymakers outlined a clear strategy to position Nigeria as the primary gateway for British capital flowing into Africa. Discussions highlighted the country’s evolving financial infrastructure, with platforms like Flutterwave playing a pivotal role in enabling seamless cross-border transactions.

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Speaking on the significance of the visit, Agboola said:

“This State Visit marks a defining moment for Nigeria’s private sector and for the role of technology in shaping the future of global trade.

Flutterwave was built to connect Africa to the world, and today we are seeing that vision play out at the highest levels of economic engagement. We will continue to invest in the infrastructure, partnerships, and trust required to make cross-border payments faster, more secure, and more accessible for millions of people and businesses.”

Also part of the delegation were Flutterwave’s Chief Legal, Regulatory and Public Policy Officer, Bankole Falade, and Chief Compliance Officer, Mobolaji Bammeke, who engaged in discussions around regulatory alignment, compliance frameworks, and cross-border interoperability—key pillars for strengthening financial ties between Nigeria and the United Kingdom.

Beyond diplomacy, the visit reflects a deliberate shift toward structured, technology-driven economic collaboration. At the heart of the discussions is the £8.1 billion trade corridor and the Enhanced Trade and Investment Partnership (ETIP), a framework expected to shape bilateral commercial relations over the next decade.

The delegation brought together some of Nigeria’s most influential business leaders, including Tony Elumelu of United Bank for Africa, Jim Ovia of Zenith Bank, Abdul Samad Rabiu of BUA Group, Aigboje Aig-Imoukhuede, and Stanley Uzochukwu, among other industry figures.

Together, the delegation underscored Nigeria’s ambition to position itself as a central hub for investment into Africa, leveraging its growing digital ecosystem and financial innovation to attract global capital.