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EnterpriseNGR

Promoting and influencing
an enabling policy environment

EnterpriseNGR: The Voice of Nigeria’s Financial and Professional Services (FPS) Sector

We are the foremost member-led organisation representing Nigeria’s highly diverse FPS sector. As a professional advocacy group, we champion the advancement of the sector as a catalyst for the development of Nigeria’s economy.

The Nigerian FPS sector comprises Banking, Insurance, Capital Markets, Asset Management, Pensions, Non-interest Finance, FinTech, Professional Services (Legal Services, Accounting and Management Consulting), and Sustainable Finance.

The Nigerian FPS sector comprises the Banking and Finance, Insurance, Pensions, Asset Management, Capital Markets and Green Finance, Islamic Finance, FinTech, Law, Accounting and Consulting subsectors.

Nurturing an enabling environment for engagement

EnterpriseNGR nurtures an enabling environment for engagement with policymakers and champions business sector advocacy domestically and internationally.

Supporting the formation of policies

As a consolidated advocacy group, we support government and regulators in the formation of policies that improve the performance of FPS sector operators in Nigeria.

Our Story

How We Started

EnterpriseNGR was incorporated as a professional policy and advocacy group, registered as a company limited by guarantee and established to promote and advocate for the Financial and Professional Services (“FPS”) sector of Nigeria, with a view to transforming Nigeria into the premier financial services center in Africa.

Our journey commenced when a coalition of visionary business leaders and organizations, recognizing the significant potential of the FPS sector, united to establish a professional advocacy group dedicated to unlocking the sector’s full capabilities to drive economic development in Nigeria. Inspired by the success of organisations like TheCityUK (UK’s FPS advocacy group), our Founders: Aluko & Oyebode, Chapel Hill Denham, Coronation Merchant Bank Limited, Tengen Family Office, FMDQ, FBN Quest, & NGX were clear on a mandate to help position Nigeria as the leading financial services market in Africa. As a professional advocacy group, we are committed to supporting the government and regulators in formulating policies that can improve the performance of FPS sector operators in Nigeria. These policies are designed to increase tax receipts for the government, expand credit to the real sector, and create more employment opportunities.

Our Story

How We Started

EnterpriseNGR was incorporated as a professional policy and advocacy group, registered as a company limited by guarantee and established to promote and advocate for the Financial and Professional Services (“FPS”) sector of Nigeria, with a view to transforming Nigeria into the premier financial services center in Africa.

Our journey commenced when a coalition of visionary business leaders and organizations, recognizing the significant potential of the FPS sector, united to establish a professional advocacy group dedicated to unlocking the sector’s full capabilities to drive economic development in Nigeria. Inspired by the success of organisations like TheCityUK (UK’s FPS advocacy group), our Founders: Aluko & Oyebode LNP, Chapel Hill Denham, Coronation Merchant Bank Limited, Tengen Family Office, FMDQ Group Plc, Quest Merchant Bank, and Nigeria Exchange Group were clear on a mandate to help position Nigeria as the leading financial services market in Africa. As a professional advocacy group, we are committed to supporting the government and regulators in formulating policies that can improve the performance of FPS sector operators in Nigeria. These policies are designed to increase tax receipts for the government, expand credit to the real sector, and create more employment opportunities.

Our goal is to demonstrate the importance of the FPS sector, unite its voices, and advocate its balanced growth and development.

Promoting the importance of the FPS sector

The importance of the FPS sector to any economy cannot be overstated, given its cross-cutting nature and the impact it has on all other major sectors of the economy.

As an independent and member-led organisation, we are uniquely positioned to understand the needs and challenges of the FPS sector. Our expertise and influence enable us to shape the policy landscape and promote the sector’s interests and contribute to Nigeria’s economic growth and development.

Uniting the Voice of the FPS sector

EnterpriseNGR seeks to unite the voice of the sub-sectors through advocacy and engagement, programmes and initiatives, and collaboration with key stakeholders within the FPS sector.

As an emerging economy, a united and strong FPS sector operating in a friendly policy environment will contribute much more to Nigeria’s GDP, create more jobs and improve the country’s economic prosperity. There is positive correlation between the development of the FPS sector and economic growth of a country. It is this positive correlation that EnterpriseNGR seeks to push for a united and strong FPS sector.

Paving the Way for Balanced Growth Development

We are pursuing balanced growth and development across all sub-sectors of the Financial and Professional Services (FPS) sector. To ensure that Nigeria optimally benefit from a robust FPS sector, it is crucial that the progress in the banking sub-sector is replicated throughout the FPS sector. The banking sub- sector has demonstrated significant year-on-year advancements, establishing a strong presence across Africa and gaining international recognition in key financial markets. Conversely, the insurance sub-sector has yet to realize its full potential.

In collaboration with operators in the sector, policymakers, and other stakeholders, we promote the development and implementation of effective policies and regulations that support the sector’s even development.

To sustain and replicate this growth across other subsectors, the sector needs an enabling and stable policy environment built, grown, and maintained by deliberate effort. This is where EnterpriseNGR comes in. We are dedicated to promoting and influencing an enabling policy environment for the FPS sector, positioning Nigeria as a prime financial center for Africa.

History

Progress timeline

2018
2021
2022
2023
2024
2025
2026

2018

EnterpriseNGR Incorporated as a Professional and Advocacy Group with 7 Founding Members

2021

EnterpriseNGR Officially Launched with 14 Members

2022

YOE was Founded

EnterpriseNGR launched The State of Enterprise (SOE) Report

YOE Onboarded Cohort I Interns

2023

Joined the World Alliance of International Financial Centres (WAIFC)

EnterpriseNGR’s CEO Appointed to the Board of WAIFC

Graduated Youth of Enterprise (YOE) Cohort I Interns

YOE Onboarded Cohorts II and III Interns

YOE Graduated Cohort II Interns

Partnered Lagos State Government to Sign an Executive Order, Inaugurating the Lagos International Financial Center (LIFC) Council

Partnered Lagos State Government for a Historic Participation at The Lord Mayor’s Show (LMS) in London

Collaborated with the LASG to Host the Invest Lagos Reception in London

Published the State of Enterprise (SOE) Report 2023

Hosted Quarterly Members’ Nights (QMN)

EnterpriseNGR Grew to 23 Members

2024

Signed MOU with Three African Countries, Establishing the African Chapter of WAIFC

Graduated Youth of Enterprise (YOE) Cohort II Interns, Attracted and Trained Thousands of Young Graduates Across Nigeria.

EnterpriseNGR grew to 26

YOE Onboarded Cohorts IV and V Interns

Graduated Youth of Enterprise (YOE) Cohort II Interns

Attracted over 73,000 young Nigerians

Trained over 1,300 young graduates across Nigeria

2025

Secured Federal Government Approval for the Lagos International Financial Centre (LIFC)

Published the State of Enterprise (SOE) Report 2025

Graduated YOE Cohorts IV and V

Assumed Chairmanship of the WAIFC Africa Roundtable

Onboarded Youth of Enterprise (YOE) Cohort VI

Institutionalized the YOE Monthly Masterclass Series

Expanded Corporate Membership to 35 Leading FPS Institutions

Hosted the Q1 2025 Quarterly Members’ Night themed “Building Brand Nigeria”

2026

Official Launch of the 2026 Nigeria Macroeconomic Outlook Report

Signed the LIFC Executive Order at Lagos House, Marina

Coordinated the 2026 Annual Members’ Retreat

Hosted the Insurance Sector Transformation Consultative Forum 2026

Launched the Lagos International Financial Centre Phase 1 Report

2021
2022
2023
2024

History

Progress timeline

2021
2022
2023
2024

Vision

To be a leading voice and champion for the development and transformation of Nigeria.

Mission

To advance Nigeria’s transformation as Africa’s premier financial services center.

Values

Our Mission and Vision

Vision

To be a leading voice and champion for the development and transformation of Nigeria.

Mission

To advance Nigeria’s transformation as Africa’s premier financial services center.

Our Values

Sustainability

We are committed to promoting sustainable growth within the FPS sector

Trust

We build and maintain trust through transparent and effective advocacy.

Partnership

We believe in the power of collaboration and work closely with our members and stakeholders to achieve common goals

Board of Directors

EnterpriseNGR is led by a Board comprising seasoned industry professionals with broad experience and expertise across various sub-sectors of FPS.

Management Team

The Management team, made up of well trained professionals, is agile and dynamic and committed to a culture of execution excellence in delivering on EnterpriseNGR’s mission.

Obi Ibekwe

Chief Executive Officer

Obi is the Chief Executive Officer of EnterpriseNGR. She has extensive corporate level experience across various Financial and Professional services sectors. Her last position before joining EnterpriseNGR was as Executive Director at United Bank of Africa from where she retired in 2016. She holds a Bachelor of Arts degree in International Relations from Tufts University in Medford, Massachusetts, USA, an MBA degree from the prestigious Ross School of Business, University of Michigan, Ann Arbor, USA, and a Law degree from the University of Lagos, Nigeria. She was called to the Nigerian Bar in 1986.

Lami Adekola

Director, Policy & Public Affairs

Lami is the Director of Policy and Public Affairs. Prior to joining EnterpriseNGR he was Director, Financial and Professional Services for Africa at the UK Department for International Trade ("DIT") and also doubled as the Acting Country Director/Investment officer for DIT in Nigeria. His career has seen him gain valuable experience across Banking, Investment Banking, Insurance, Asset Management, Pension Fund Management and Law. Lami holds BSc and MSc Economics degrees both fron the University of Lagos. He is an Affiliate Member of the Association of Certified Chartered Accountants (ACCA), England and Wales.

Uchechi Oluwole-Akinwale

Head, Corporate Services

Uchechi is Head of Corporate Services at EnterpriseNGR. She has over a decade of proven expertise in multiple areas of law. She was a Senior Legal Manager and Head of Commercial Contracts in First Bank of Nigeria Limited. She obtained a Bachelor's degree in Law from the University of Lagos and a Master's degree in Corporate and Commercial Law from Queen Mary University of London. She holds a Global Certificate on International Financial System (for regulators of securities markets) from Havard Law School.

Tayo Muritala

Head Research

Tayo is Head of Research at EnterpriseNGR. Prior to this he held the position of Research Manager at the prestigious Lagos Business School. Before joining Lagos Business School he worked as a Deputy Research Executive at Value Fronteira Ltd. Previously, he worked as a research assistant at the University of Lagos where he developed research designs, analysed research data and conducted literature and database searches, for research fellows/scholars. He obtained a Bachelor's degree in Economics from the University of Lagos and a Master's degree also in Economics from the University of Ibadan.
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