Omolabake Fasogbon
Artificial Intelligence (AI) is redefining the financial technology landscape, driving multi-dimensional transformation through efficiency, innovation and enhanced fraud management. As AI-powered solutions revolutionise operations, decision-making, and customer engagement, it is expedient that Nigeria’s fintech industry move beyond just observing to structured adoption.
Thus, embracing AI strategically will not only enhance operational effectiveness, but also expand access to financial services, ensuring a more inclusive and resilient digital economy.
According to data, Nigeria’s AI market is projected to reach $434.4 million by 2026, growing at a staggering 44.2% compound annual growth rate (CAGR), organisations must therefore position themselves to harness its transformative potential. For Nigerian fintechs with a long-term vision, the urgency to act has never been greater. The sector stands at a critical juncture where embracing AI is no…
Source: Thisday Newspaper
