News

Dearth of AI Skills Bedevil Nigeria Amid Over $400m Investments, Whitepaper Reveals

Nigeria still faces a significant AI skills deficit, with investment in the field increasing from $150 million in 2022 to $400 million in 2025 that is despite approximately 50,000 Artificial Intelligence (AI) workers, 200+ AI startups, 15 AI-focused universities, and 2,500 AI graduates each year, This is revealed in a whitepaper titled “AI in Nigeria: […]

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Technology

Stakeholders, Experts Harp on Unified, Government-Driven Approach for AI Adoption in Nigeria

Nigeria and Africa need to adopt a unified, governance-driven approach to AI development, where trust, regulation, and cybersecurity are more important than ever. Speakers after speakers recently in Lagos at the 2025 Africa’s Beacon of ICT Merit and Leadership Award (ABoICT 2025), reflected and echoed the same sentiment, and that: AI without governance is a […]

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Technology

Nigeria Unveils National Blockchain Policy for Multiple Sector Application

Nigeria has unveiled its first Blockchain Policy Whitepaper, outlining a framework to drive financial inclusion, supply chain transparency, and position itself as a global digital economy leader. Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, emphasised that this signals a strategic shift toward leveraging emerging technologies for inclusive economic growth. He underlined that the […]

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News

Local Content Critical in Delivering Accurate Artificial Intelligence, Says Expert 

The use of local content in Artificial Intelligence systems is essential for delivering accurate, region-specific results. Speaking at the Network of African Data Protection Authorities (NADPA) Conference, held in Abuja, the Nigerian capital city,  MTN Nigeria’s General Manager for Regulatory Affairs, Ikenna Ikeme saidData can be transformational by bringing efficiency to businesses, but it also […]

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News

Backbase Launches World’s First AI Banking Platform, Putting Banks Back in Growth Mode

AMA PRESS RELEASE Backbase is set for a major industry shift as it launches of the world’s first AI-powered Banking Platform, following the launch of its Intelligence Fabric in September 2024. Momentum accelerates with the release of its next-generation platform, purpose-built to accelerate growth and efficiency in banking by unifying two mission-critical domains: customer servicing […]

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AI & Computing

NITDA Boss Woos Global AI Market at GITEX 2025, Says Nigeria Champions AI Development

Nigeria is a rising force in the global AI landscape, championing a people-first and strategy-led approach to AI development and governance. Speaking to an international audience of policymakers, technologists, and investors, at the ongoing the GITEX Africa 2025 held in Marrakech, Morocco, the Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa […]

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Business

Nigerian start-up equalyz Unveils Suits of Solution Design AI to Bridge AI Gap

equalyzAI, a Nigerian-founded African-centric Artificial Intelligence (AI) start-up, revealed its suite of solutions this week, saying they are designed to democratise AI innovations for the continent by guaranteeing the technology can think and make decisions in native languages. The start-up, founded by Dr. Olubayo Adekanmbi and Dr. Ife Adebara, stated in a statement that it […]

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News

Nigeria, African Union & Others Pledge $60bn AI Funding for Both Public & Private Sector

What appears to be a life-line to leapfrog Africa’s Ai quest is just about around the corner, and that is from a declaration that offers a $60 billion Africa AI Fund to be established, leveraging public, private, and philanthropic capital. Nigeria, African Union, Smart Africa and other African countries are behind the declaration. The goal […]

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Technology

Religious Groups in Nigeria Raise Concerns Over AI Impact on Adherents

Religious groups in Nigeria are worried about how the deployment of Artificial Intelligence would affect their belief and the practice of their religion. Speaking at a press conference organised by the Nigeria Religious Coalition on Artificial intelligence (Christian Council of Nigeria, Institute of Church and Society Ibadan (CCN-ICS) and Jama’atu Nasril Islam (JNI), group warned: […]

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FinTech

With Generative AI Warming-Up to Revolutionise Payment Industry, Experts Warn of Customers’ Expectations

Boston Consulting Group (BCG)’s 22nd annual Global Payments Report, has highlighted the urgent need for decisive action to ensure profitable and sustainable long-term growth in the payments industry. The report, titled Fortune Favors the Bold, emphasises the strategic imperative for payments companies to navigate mounting challenges from evolving customer expectations, regulatory scrutiny, investor priorities, and technological […]

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