Peter Atuma Powering Payment Solutions
After leaving a senior role in the UK to pursue entrepreneurship in Nigeria, Peter Atuma now chairs several companies, including Princeps Credit Systems Limited and Tango Brook Technologies. He tells Vanessa
Peter Atuma, a seasoned entrepreneur with a 30-year career in finance and IT, now chairs several companies in Nigeria. In a recent interview at his office in Lagos, Atuma discussed his journey, business philosophy, and the technological solutions he believes can enhance financial security in the country.
Atuma, who once worked for prominent UK firms like Morgan Stanley and Equinix, left his senior role in the UK in 2020 to pursue entrepreneurship in Nigeria. He credits his time at Equinix for instilling in him principles such as assuming positive intent, bringing positive energy to the workplace, and encouraging employees to take initiative. These practices, he believes, foster innovation and inclusion, allowing people to contribute meaningfully to an organization's growth.
One of Atuma's most notable ventures is Tango Brook Technologies, an energy technology and intelligence company he chairs. The company's flagship product, the Tango Fuel app, tackles an age-old problem faced by individuals and businesses that purchase fuel - inconsistencies in fuel receipts and difficulty in maintaining reliable records of purchases across filling stations.
Atuma's approach to problem-solving is rooted in identifying them and finding ways to address them. He firmly believes that Nigeria's pace of innovation is not necessarily slow, and that solutions are possible even when the conditions for developing them are not yet in place. The Tango platform, he emphasizes, was built by Nigerians for Nigerians, and he anticipates opportunities for expansion beyond the country.
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