• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, October 26, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Expert Advocates Regulatory Compliance In AI Corporate Governance

by Remi Adebayo
3 weeks ago
in News
Share on WhatsAppShare on FacebookShare on XTelegram

 

Advertisement

An Artificial Intelligence (AI) expert, Olajide Olugbade, has charged private and public organisations to maintain effective corporate governance systems in compliance with regulatory requirements.

Olugbade, who was a governance, risk, and compliance consultant with PricewaterhouseCoopers (PwC) Nigeria, stated this at the 49th annual conference of the Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN), recently held in Lagos.

Advertisement

Delivering the keynote address on the theme: “Reimagining Governance: Navigating the Artificial Intelligence Revolution for Excellence,” Olugbade said, “AI governance is not just another fad or buzzword; it is a crucial aspect of technology governance that must be embedded within the corporate governance structures of organisations if they are to survive the disruption that AI systems are causing across sectors. It has also become a necessity for the adequate management of the ethical and societal implications of AI systems.

“However, right implementation is important. Organisations should not just jump on the bandwagon of AI governance; they have to do it right,” he stated.

He added, “Participants at the ICSAN conference have identified crucial elements of the implementation process, such as accountability mechanisms, including board oversight of AI governance. But there is a risk that this can all be done as an organizational makeover without real impact”.

RELATED NEWS

Nigerian-German Trade Volume Increases By 30% In 2025 – Envoy

Group Launches Centre For Heritage, Dignity

RCCG Pastors Task Women On Faith, Embracing Gov’t Initiatives

NGO Trains 50 Borno CSOs On Reporting Human Rights Abuses

He noted that organisations engage in what he called ethics washing, advertising the establishment of ethics offices as a means of ethical governance, “in this case of AI systems, which are merely symbolic but do not actually have the power to ensure responsible innovation practices in the organisation. Nigerian organisations must steer clear of this in their implementation of AI governance.”

The AI expert added that AI governance must possess organisational power, which he identified as consisting of the ability to help the organisation cope effectively with uncertainty in its environment, not easily substitutable, and central to the organisational processes, saying, “only by ensuring this will organisations reap the gains of AI governance.”

Similarly, the Group Executive Director of Chams Holding Company, Femi Oyenuga, stressed that AI should be seen as a governance inflection point requiring urgent systemic oversight.

For his part, the President and Chairman of the ICSAN Council, Uto Ukpanah, also spoke of the Institute’s plans to equip members, lead discussions on AI governance in Nigeria, and advocate for the updating of board charters to include AI governance responsibilities.

Join Our WhatsApp Channel

Breaking News: Nigerians at home and abroad can now earn in USD by acquiring ultra-premium domains from $3,000 and profiting up to $36,000. Perfect for professionals. Click here.

SendShareTweetShare

OTHER NEWS UPDATES

Nigerian-German Trade Volume Increases By 30% In 2025 – Envoy
Business

Nigerian-German Trade Volume Increases By 30% In 2025 – Envoy

38 seconds ago
AMMC Begins Intensive Traffic Control On Airport Road
News

Group Launches Centre For Heritage, Dignity

16 minutes ago
RCCG Pastors Task Women On Faith, Embracing Gov’t Initiatives
News

RCCG Pastors Task Women On Faith, Embracing Gov’t Initiatives

18 minutes ago
Advertisement
Leadership join WhatsApp

LATEST UPDATE

Nigerian-German Trade Volume Increases By 30% In 2025 – Envoy

38 seconds ago

How Smart Nutrition Can Prevent, Manage Kidney Disease

7 minutes ago

Connecting To The God Of Wonders (Part 2)

14 minutes ago

Group Launches Centre For Heritage, Dignity

16 minutes ago

RCCG Pastors Task Women On Faith, Embracing Gov’t Initiatives

18 minutes ago
Load More

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.