Experts Warn on AI Risks at Corporate Governance Conference

At the Society for Corporate Governance Nigeria's 2026 Annual Corporate Governance Conference in Lagos, experts cautioned against the unregulated adoption of artificial intelligence (AI), warning that it could lead to data breaches, compromise corporate governance, and negatively impact business performance. The conference, themed ‘Artificial Intelligence, Power and Accountability: The New Architecture of Corporate Governance’, featured discussions on managing AI risks and ensuring technology investments yield measurable value.

Evans Woherem, Founder and Chairman of Digital Africa Global Consult Limited, urged African businesses to engage actively in AI development and control, emphasizing the importance of data protection and ethical deployment. Omolola Oloworaran, Director-General of the National Pension Commission, stated that AI governance should be viewed as a corporate and public governance issue, highlighting principles such as accountability and transparency.

Panel discussions included experts like Amaka Ibeji and Uto Ukpanah, who discussed the need for clear control over AI deployment and its associated risks.