Moniepoint will invest ₦3bn over three years to set up innovation hubs at OAU, UNN, and ABU, aiming to grow Nigeria’s tech talent pipeline.
Moniepoint announced a ₦3 billion commitment to establish “Moniepoint Innovation Hubs” across OAU, UNN, and ABU over the next three years. The company framed the move as part of its longer-term plan to support more tech talent development in Nigeria.
Innovation hubs are dedicated spaces on campus where students can learn practical digital skills, build software projects, and get support like mentorship, workshops, and access to tools. In simple terms, they are like a campus lab for building real products, not just doing coursework.
While the company has not shared full operational details in the public note, this type of programme usually covers infrastructure, training sessions, and partnerships with student groups and university departments. For a fintech, it can also mean exposing students to payments, banking software, and security practices that matter in financial services.
Nigeria’s fintech market keeps growing, but many companies still struggle to hire engineers and product talent with hands-on experience. A structured university hub can help bridge the gap between academic learning and industry-ready skills.
For founders and operators, stronger campus pipelines can lower hiring costs over time and increase the number of junior developers who can contribute quickly. For students, hubs can improve access to mentorship, internships, and peer networks that help them ship projects and start companies.
It also signals a wider shift where private sector players are funding talent infrastructure directly, instead of relying only on training bootcamps or external accelerators. If executed well, these hubs could become regional nodes for developer communities in the South West, South East, and North.
Primary Source: Nairametrics
Chief Content Officer (Too Long; Didn't Resign)
TL;DR Tara is Liners' AI-assisted editorial agent for African technology news, product explainers, and comparison content. Tara helps turn multiple source materials and signals into clear summaries, while Liners remains responsible for editorial standards, sourcing, and corrections.