Responsible AI in Nigeria moved closer to the regulatory and commercial mainstream this week as Optasia took a… The post Optasia pushes responsible AI in NigeriaResponsible AI in Nigeria moved closer to the regulatory and commercial mainstream this week as Optasia took a… The post Optasia pushes responsible AI in Nigeria

Optasia pushes responsible AI in Nigeria as privacy takes centre stage at National Privacy Week 2026

2026/02/06 01:07
4 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Responsible AI in Nigeria moved closer to the regulatory and commercial mainstream this week as Optasia took a visible role at the country’s National Privacy Week 2026, signalling how fintech companies may be expected to build, deploy and govern data-driven systems.

The event, held at the Transcorp Centre in Abuja, positioned privacy not as a compliance afterthought but as core digital infrastructure.

For Optasia, an AI-driven fintech platform operating through licensed financial institutions, the week was an opportunity to demonstrate how privacy by design and responsible innovation are being operationalised in live financial systems.

National Privacy Week 2026 was convened under the framework of the Nigeria Data Protection Act (NDPA), with regulators, banks and technology companies assessing how emerging technologies are reshaping trust, ethics and accountability across Nigeria’s digital economy.

Speaking at the opening of the programme, Dr Vincent Olatunji, National Commissioner and CEO of the Nigeria Data Protection Commission (NDPC), stressed that privacy is a constitutional right and an economic enabler. 

He stressed that, “Privacy is not an isolated privilege; it is a fundamental right guaranteed by our Constitution. By building trust, we unlock the full potential of our digital economy and protect every Nigerian’s digital identity.”

That framing set the context for Optasia’s engagement. The company’s leadership positioned responsible AI not as a future ambition but as a present operational requirement, particularly in markets where digital financial inclusion depends heavily on data-driven decision-making.

Optasia pushes responsible AI in Nigeria as privacy takes centre stage at National Privacy Week 2026Stakeholders at the National Privacy Week 2026

Optasia operates AI-powered financial services in multiple regulated markets and delivers its products exclusively through licensed financial institutions and approved distribution partners. According to the company, this structure allows it to embed governance, accountability and data protection directly into its systems rather than relying on informal or unregulated channels.

Uchenna Agbo, Optasia’s Chief Commercial Officer, warned, “As Nigeria’s digital economy expands, the data that powers innovation and inclusion must be protected with the same seriousness as financial capital. For Optasia, compliance, ethical data use, and respect for consumer privacy are foundational to building long-term confidence across the digital ecosystem.”

She argued that consumer confidence in digital services depends on how personal information is collected, processed and protected, especially for first-time users entering the formal financial system.

From Optasia’s perspective, responsible AI in Nigeria requires restraint as much as innovation. The company emphasised that data-driven growth does not require intrusive data practices, but it does demand clarity on purpose limitation, consent and security.

Optasia, other stakeholders call for responsible AI in Nigeria

The most pointed discussions took place during high-level panel sessions, where Optasia executives joined representatives from GTBank, Microsoft and Stanbic IBTC to examine how trust can be built into emerging technologies.

Chief Technology and Innovation Officer Antoine Chatzistamatiou spoke on embedding privacy and ethics into system architecture, noting that design choices made early in development often determine whether AI systems remain compliant as they scale.

Chief Data & Risk Officer Stelios Lelis also contributed to a session titled “Innovation without Intrusion: Balancing data-driven growth with privacy as a fundamental right”, alongside senior leadership from Microsoft and Stanbic IBTC.

Optasia pushes responsible AI in Nigeria as privacy takes centre stage at National Privacy Week 2026Uchenna Agbo

Optasia also highlighted its SOC 2 Type II certification as evidence of adherence to internationally recognised standards for security, confidentiality and privacy. While certifications alone do not guarantee ethical outcomes, they increasingly serve as baseline expectations for companies operating in tightly regulated financial environments.

The company outlined four priorities guiding its Nigeria engagement: privacy by design, responsible use of AI, innovation without intrusive data practices, and stronger collaboration across the licensed ecosystem.

As Nigeria’s fintech sector continues to grow rapidly, driven by mobile penetration, digital payments and alternative credit models, regulators are under pressure to ensure that innovation does not outpace consumer protection. The National Privacy Week 2026 underscores a shift in that tone.

Also read: An expected smartphone price hike will slow down 5G adoption in Nigeria

The post Optasia pushes responsible AI in Nigeria as privacy takes centre stage at National Privacy Week 2026 first appeared on Technext.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Samsung Electronics Targets Record Q1 Profit as Memory Chip Supercycle Hits Full Stride

Samsung Electronics Targets Record Q1 Profit as Memory Chip Supercycle Hits Full Stride

TLDR Samsung Electronics is expected to report a six-fold jump in operating profit for Q1 2025, potentially hitting 40.5 trillion won ($26.9 billion). The expected
Share
Coincentral2026/04/03 16:49
One Of Frank Sinatra’s Most Famous Albums Is Back In The Spotlight

One Of Frank Sinatra’s Most Famous Albums Is Back In The Spotlight

The post One Of Frank Sinatra’s Most Famous Albums Is Back In The Spotlight appeared on BitcoinEthereumNews.com. Frank Sinatra’s The World We Knew returns to the Jazz Albums and Traditional Jazz Albums charts, showing continued demand for his timeless music. Frank Sinatra performs on his TV special Frank Sinatra: A Man and his Music Bettmann Archive These days on the Billboard charts, Frank Sinatra’s music can always be found on the jazz-specific rankings. While the art he created when he was still working was pop at the time, and later classified as traditional pop, there is no such list for the latter format in America, and so his throwback projects and cuts appear on jazz lists instead. It’s on those charts where Sinatra rebounds this week, and one of his popular projects returns not to one, but two tallies at the same time, helping him increase the total amount of real estate he owns at the moment. Frank Sinatra’s The World We Knew Returns Sinatra’s The World We Knew is a top performer again, if only on the jazz lists. That set rebounds to No. 15 on the Traditional Jazz Albums chart and comes in at No. 20 on the all-encompassing Jazz Albums ranking after not appearing on either roster just last frame. The World We Knew’s All-Time Highs The World We Knew returns close to its all-time peak on both of those rosters. Sinatra’s classic has peaked at No. 11 on the Traditional Jazz Albums chart, just missing out on becoming another top 10 for the crooner. The set climbed all the way to No. 15 on the Jazz Albums tally and has now spent just under two months on the rosters. Frank Sinatra’s Album With Classic Hits Sinatra released The World We Knew in the summer of 1967. The title track, which on the album is actually known as “The World We Knew (Over and…
Share
BitcoinEthereumNews2025/09/18 00:02
Ripple CTO Says Freeze-Proof Stablecoins Can’t Work As Circle Misses $285M Drift Hack

Ripple CTO Says Freeze-Proof Stablecoins Can’t Work As Circle Misses $285M Drift Hack

The post Ripple CTO Says Freeze-Proof Stablecoins Can’t Work As Circle Misses $285M Drift Hack appeared first on Coinpedia Fintech News Can a stablecoin choose
Share
CoinPedia2026/04/03 17:19

$30,000 in PRL + 15,000 USDT

$30,000 in PRL + 15,000 USDT$30,000 in PRL + 15,000 USDT

Deposit & trade PRL to boost your rewards!