The year 2023 stands out as a pivotal moment in the explosion of AI, remotely triggered by the current wave of growth in big data and, more closely, by the advent of OpenAI’s generative AI, ChatGPT. These developments catapulted Artificial Intelligence (AI) to the forefront of global discussions, with generative AI becoming a ubiquitous topic […]
The Almajiri Crisis Lingers with No End in Sight
Image source: Pexel Northern Nigeria, endowed with extensive human and material resources, regrettably remains underexploited. Despite its considerable potential, the region grapples with challenges such as poverty, illiteracy, and the escalating threat of terrorism. Within this somber context, the predicament of almajiri children serves as a poignant reminder of unmet promises in the region. The […]
Unraveling the recent NIBSS Memo that rattled Nigerian Fintechs
Written by: Oluwatobiloba Onigbogi Esq, Photo sourced from: energepic.com The decision to disconnect these entities from the NIP Outwards System stems from concerns about compliance with CBN guidelines. On December 5, 2023, the Nigerian Interbank Settlement System (NIBSS) released a memo that sparked confusion for stakeholders in the fintech and banking industry. For context, NIBSS is a […]
Lagos Building Demolitions: An Avoidable Exercise or a Legal Imperative?
Photo of a building under demolition | Image source: Pexel The recent surge in building demolitions, orchestrated by both the Federal Housing Authority (FHA) and the Lagos state government, has ignited substantial controversy within the state. Thousands of buildings have succumbed to the jaws of unfeeling bulldozers, leaving many people homeless and transforming landlords into […]
Africa’s Defining Moment: Seizing Opportunities at the COP28 Climate Summit
Photo showing Nigeria’s President | Image Source: Flickr In a continuously evolving world, where global climate challenges loom large and the urgency for sustainable solutions has never been more pronounced, the quest for transformative solutions lies in the power of collective action and collaboration among nations. The COP28 Climate Summit, peculiar for its energy and […]
Are Venture Capital Investments what Africa really needs at these moments?
Retrieved from: Business Elite Africa Last year November, I had the opportunity to join a round table discussion with Ministers of Finance, Central Bank Governors, top investors, and investment firms in the African continent. Some of the key issues being discussed were the role of private-sector investments in driving sustainable growth across Africa. Private […]