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How Nigerian entrepreneurs can thrive in a digital economy

By Guardian Nigeria
29 January 2025   |   3:01 am
Amos Ogunola, a leading figure in data science and economic transformation, has emphasized the need for Nigerian entrepreneurs to embrace technology and artificial intelligence (AI) to drive growth and remain competitive in a rapidly evolving global market. In a recent commentary on Nigeria’s digital economy, Ogunola highlighted how AI and other digital tools are reshaping…

Amos Ogunola, a leading figure in data science and economic transformation, has emphasized the need for Nigerian entrepreneurs to embrace technology and artificial intelligence (AI) to drive growth and remain competitive in a rapidly evolving global market.

In a recent commentary on Nigeria’s digital economy, Ogunola highlighted how AI and other digital tools are reshaping industries and providing opportunities for businesses to scale efficiently.

“The future belongs to businesses that adopt smarter technologies, including AI, to meet consumer demands and expand into new markets,” he stated.

With a career dedicated to leveraging data for economic development, Ogunola has been instrumental in integrating technology into entrepreneurship.

He pointed out how AI-powered solutions, such as predictive analytics and customer engagement platforms, can help entrepreneurs optimize operations, enhance decision-making, and identify emerging market trends.

However, Ogunola acknowledged that challenges such as limited infrastructure and digital literacy gaps remain barriers for many entrepreneurs.

He called for collaborative efforts between policymakers, private investors, and tech industry leaders to create an enabling environment for businesses to thrive.

“Artificial intelligence is not just about automation—it’s a tool for innovation and growth. Nigerian entrepreneurs must harness its potential to stay ahead in the global economy,” Ogunola added.

Beyond his work in data science, Ogunola has championed initiatives that empower underserved communities through digital literacy and entrepreneurial training.

His efforts continue to inspire Nigerian businesses to harness technology and AI for long-term success and contribute meaningfully to the nation’s economic growth.

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