
As the world closes in on a new era domonated by Artificial Intelligence, Nigeria is about to witness the transformative impact of AI on corporate governance frameworks.
Speaking at the Second Annual Corporate Governance Triangle Colloquium, the Chief Executive Officer of Nigerian Exchange Limited (NGX), Mr. Jude Chiemeka, emphasised the critical inter – section between technology and governance.
The event, which has its theme as “Artificial Intelligence and Corporate Governance: Prospects and Pitfalls in the Era of Digital Transformation,” attracted a wide array of thought leaders, regulators, and policymakers, fostering a dynamic exchange on the future of corporate governance in Nigeria’s rapidly evolving digital landscape.
Delivering the keynote address, Chiemeka articulated the pressing need for corporate governance practices to keep pace with technological advancements, stressing that this alignment is essential for fostering sustainable business operations.
The colloquium, a collaboration between the Nigerian Bar Association Section on Business Law (NBA-SBL), NGX, and the Chartered Institute of Directors (CIoD) Nigeria, provided an invaluable forum for industry leaders to examine AI’s potential to reshape governance structures.
“Technology is far more than a mere instrument of innovation—it is a fundamental enabler of enhanced productivity and improved governance,” Chiemeka asserted.
He reiterated NGX’s strategic focus on evolving its governance frameworks to stay abreast of emerging technological trends, thereby positioning itself to meet the future expectations of a broad spectrum of stakeholders.
Chiemeka spotlighted NGX Invest, the Exchange’s innovative electronic public offering platform, as a prime example of technological advancements driving governance innovation.
By expanding access to investment opportunities, particularly for retail investors and younger demographics, this platform promotes financial inclusion and fosters more extensive market participation.