Nigeria's AI Boom Faces a Foreign Firm Takeover, IMF Warns

70% of Nigerians have now interacted with generative AI, and 93% of local organisations have begun adopting AI technologies, but a new report warns that foreign firms are winning the race, creating a risk of permanent dependency on external AI models, cloud infrastructure, and software platforms. Authored by the AI Empowerment Foundation, the report "Adoption of Artificial Intelligence in Nigeria" reveals that while local scholars have produced over **11,600 AI-related academic...