Optasia pushes privacy-by-design as Nigeria enforces data protection in AI-driven finance
Optasia pushes privacy-by-design as Nigeria enforces data protection in AI-driven finance
Publish Date: 2026-02-07 02:37:00
Source Domain: businessday.ng
As Nigeria moves to enforce its data protection regime across fast-growing digital and artificial intelligence-driven financial services, global fintech platform Optasia has called for privacy-by-design to become a non-negotiable standard for innovation in the sector.
The company made the case at Nigeria’s National Privacy Week 2026, where it served as Platinum Sponsor of the National Data Privacy Summit held at the Transcorp Centre, Abuja. The summit was convened in line with the Nigeria Data Protection Act (NDPA), the country’s primary legal framework governing the collection, processing and use of personal data.
With AI increasingly deployed in credit scoring, lending and digital financial inclusion, regulators say stronger data governance is critical to sustaining trust in Nigeria’s digital economy.
Vincent Olatunji, national commissioner and chief executive officer of the Nigeria Data Protection Commission (NDPC) said privacy is not an isolated privilege; it is a fundamental right guaranteed by the Nigerian Constitution.
“By building trust, we unlock the full potential of our digital economy and protect every Nigerian’s digital identity,” Olatunji added.
Optasia, which delivers AI-powered financial services through licensed financial institutions and regulated distribution partners, said its operating model is designed to align innovation with regulatory compliance. The company operates exclusively within licensed ecosystems and embeds data protection, accountability and security into its technology stack.
Uchenna Agbo, Optasia’s chief commercial officer, said the pace of digital growth in Nigeria demands stronger safeguards around consumer data.
“As…
