Unlocking AI Potential: How Nigerian Financial Institutions Can Drive Innovation

Nigeria is poised to become a global leader in artificial intelligence (AI) thanks to its large population, young, tech-savvy citizens, and vast potential for digital innovation. However, despite promising early progress, the country’s AI ecosystem remains underdeveloped, hindered by a lack of consistent support from financial institutions. As someone with years of experience working in Nigeria’s tech and AI sectors, I’ve witnessed firsthand how critical active participation from banks and other financial players is to fostering AI-driven innovation.