Treasurers urge firms to embrace AI, automation

The Association of Corporate Treasurers of Nigeria (ACTN) has urged businesses to adopt artificial intelligence, automation, and predictive technologies to enhance treasury operations and foresee financial risks. In a statement at the unveiling of the Treasury360 Conference, Exhibition, and Corporate Treasury Awards 2026 in Lagos, ACTN President and Chairman, Adeyinka Ogunnubi, emphasized that treasury teams should transition from traditional roles to becoming strategic partners in corporate decision-making.

Ogunnubi highlighted the importance of embracing innovation to navigate the growing complexity of the business environment and provide forward-looking insights to support corporate resilience and growth. He stressed the need for accurate data, effective internal controls, cybersecurity, skilled personnel, and clear accountability when implementing these technologies.

Brief written by urgent.news from Punch Nigeria's own syndicated text. Machine-written — may contain errors; check the original before relying on it.