Rakiya is a seasoned Director of Information Technology (CIO) at the Central Bank of Nigeria, leads pioneering efforts in deploying Africa's first Central Bank Digital Currency (CBDC), the 'eNaira.' With over 25 years' expertise and a wealth of certifications, her visionary leadership shapes digital finance innovation.

The Central Bank of Nigeria (CBN), established in 1958, serves as the country's apex monetary authority, regulating and overseeing financial institutions, formulating monetary policies, and fostering stable economic growth while maintaining price stability within Nigeria's financial ecosystem.

The AI Journey at the Central Bank of Nigeria - Progress, Prospects and Challenges

This presentation showcases the Central Bank of Nigeria's venture into AI, spotlighting the progress made, promising prospects, potential gains, and obstacles faced. It uncovers the impact of AI applications, emphasizing achievements and outlining future opportunities. Also, it addresses challenges, including regulatory and ethical considerations, while underscoring the Bank's dedication to responsible AI integration. The presentation concludes with a forward-looking perspective on how AI can enhance the Bank's operations and contribute to economic development.