According to reports from Sky news, Nigeria's financial technology giant, Interswitch, is well on the road to a $1 billion dollar floatation.
Following the success of last year when it processed transactions worth more than $38bn, the company will appoint a UK financial heavyweight, Ken Olisa as chairman in preparation for the float.
About Olisa from Sky:
Mr Olisa, who as a director of Reuters was the first British-born black man to serve on the board of a major UK public company, is expected to help steer Interswitch's private equity backers towards a stock market listing in the next couple of years.
Following the success of last year when it processed transactions worth more than $38bn, the company will appoint a UK financial heavyweight, Ken Olisa as chairman in preparation for the float.
About Olisa from Sky:
Mr Olisa, who as a director of Reuters was the first British-born black man to serve on the board of a major UK public company, is expected to help steer Interswitch's private equity backers towards a stock market listing in the next couple of years.
