Tayo Oviosu Passes Torch as Paga Names New CEO for Nigeria

Tayo Oviosu founded Paga 17 years ago and became its public face. Now he moves into the new role of Group CEO. Opeyemi Oyinloye will lead Paga Nigeria as Acting CEO, pending Central Bank approval. Under Oviosu’s leadership, Paga processed ₦17.1 trillion in 2025. It launched U.S. banking services for Africans in the diaspora and partnered with PayPal to return to Nigeria after two decades. These moves signal bold expansion beyond payments. As Group CEO, Oviosu will head Paga Labs. This internal division explores stablecoins, blockchain and AI. His vision is to build seamless cross-border financial infrastructure for African traders and diasporans. Oyinloye has spent seven years ensuring Paga’s daily operations and strategy execution. Oviosu says this planned handover protects the company from overdependence on its founder. With this leadership shift, Paga enters its next chapter of growth.

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