1 Department of Accounting, Faculty of Management Science, University of Lagos, Lagos State, Nigeria.
2 Department of Banking and Finance, Faculty of Management science, University of Uyo, Akwa Ibom State, Nigeria.
3 Department of Science Education, Faculty of Education, Ekiti State University, Ado-Ekiti, Ekiti State Nigeria.
4 Department of Agricultural Economics and Extension Services, Faculty of Agriculture, University of Benin, Benin City, Benin State, Nigeria.
5 Department of Data Science, Faculty of African Industrial Internet Programme, African Leadership University, Pamplemouses, Mauritius.
World Journal of Advanced Research and Reviews, 2025, 28(01), 1118-1127
Article DOI: 10.30574/wjarr.2025.28.1.3544
Received on 07 September 2025; revised on 13 October 2025; accepted on 16 October 2025
The rapid growth of financial technology (FinTech) is reshaping investment management globally, with significant implications for emerging economies such as Nigeria. This study investigates the role of FinTech in enhancing investment management efficiency, focusing on the opportunities and challenges within the Nigerian financial landscape. Using a mixed-methods approach that combined literature review and empirical evidence, the study finds that FinTech has created opportunities for democratizing investments, expanding financial inclusion, reducing transaction costs, improving transparency, and enabling portfolio automation and personalization. These innovations have made investment platforms more accessible to both institutional and retail investors.
However, the findings also reveal persistent challenges that constrain the sector’s potential. These include regulatory gaps, cybersecurity vulnerabilities, low financial literacy, infrastructural deficits, and skepticism about the reliability of FinTech platforms. The study concludes that while FinTech presents transformative opportunities for investment management in Nigeria, addressing the challenges is critical to realizing its full benefits.
The paper recommends that policymakers strengthen regulatory frameworks, improve digital infrastructure, and promote financial literacy, while FinTech operators enhance security and inclusiveness. By aligning innovation with sound governance and education, FinTech can drive sustainable investment growth and contribute to Nigeria’s broader economic development.
Financial Technology; Investment Management; Efficiency; Nigeria; Financial Inclusion; Regulation
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Mayowa Abiodun Olusesan, Esther Ovansuana Ohikhueme, Ismail Abiodun Jamiu, Ebiseme Ayomide Iriajen and Ajayi Oluwatomisin Peter. The Role of Financial Technology in Enhancing Investment Management Efficiency in Nigeria: Opportunities and Challenges. World Journal of Advanced Research and Reviews, 2025, 28(01), 1118-1127. Article DOI: https://doi.org/10.30574/wjarr.2025.28.1.3544.
Copyright © 2025 Author(s) retain the copyright of this article. This article is published under the terms of the Creative Commons Attribution Liscense 4.0