FirstBank has launched a major initiative to boost SME growth in Nigeria by promoting Artificial Intelligence (AI) adoption. The bank’s SMEConnect Webinar, themed “AI for Business Growth: From Adoption to Integration and Scalable Impact”, equipped small and medium-sized enterprises with the knowledge and tools to harness AI’s power.
Key Highlights:
- Enhancing productivity through AI-powered automation
- Strengthening customer engagement with data-driven insights
- Driving business decisions with AI-powered analytics
FirstBank has already disbursed over ₦1 trillion in instant loans to micro-SMEs using AI-powered credit scoring. Managing Director Olusegun Alebiosu emphasized the importance of innovation and digital transformation in driving growth.
The initiative aligns with FirstBank’s commitment to supporting Nigerian businesses and driving economic development. By empowering SMEs with AI, the bank is helping to unlock new opportunities for growth and job creation.
By: Gloryann Osang
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