NBCC: Technology Now Strategic Driver for Growth, No Longer Just a Tool for Efficiency

Dike Onwuamaeze

The Deputy President of Nigerian British Chamber of Commerce (NBCC), Mr. Akin Osuntoki, has stated that today’s rapidly evolving business landscape is a reminder that technology is no longer simply a tool for efficiency but a strategic driver of growth, competitiveness, and long-term sustainability.

Osuntoki stated this in his welcome address during the “2026 NBCC Business Innovation Series” with the theme “Digitising Business: Building Scalable, Future-Ready Enterprises.”

He said: “Today, we gather under a timely and forward-looking theme ‘Digitising Business: Building Scalable, Future-Ready Enterprises.’

“This theme speaks directly to the realities of today’s rapidly evolving business landscape.

“It reminds us that technology is no longer simply a tool for efficiency but a strategic driver of growth, competitiveness, and long-term sustainability.”

He said that across industries, businesses are rethinking how they operate, compete, and create value by embracing digital transformation, innovation, and data-driven solutions.

“In an increasingly interconnected global economy, organisations that build scalable and future-ready enterprises will be best positioned to seize emerging opportunities and remain resilient in the face of change.”

The NBCC Business Innovation Series is both a platform for dialogue and a catalyst

for action. It brings together corporate leaders, innovators, investors, and key

ecosystem stakeholders to explore practical solutions that are transforming

industries and shaping the future of enterprise. More importantly, it provides a

trusted environment for fostering collaboration, strengthening partnerships, and

connecting traditional institutions with emerging innovation.

In his opening speech, the Chairman of the Programmes Committee of the NBCC, Mr. Tajudeen Ahmed, said that the event was the maiden edition of the NBCC Business Innovation Series, a new platform established by the chamber to foster forward-thinking conversations that equip businesses with the knowledge, strategies, and partnerships needed to thrive in an increasingly digital economy.

Ahmed said that the could not be more-timely because across every sector, digital technologies are transforming how businesses operate, compete, and create value.

He said: “From artificial intelligence and automation to digital payments and data analytics, technology has become a key driver of growth and competitiveness.

“However, digital transformation goes beyond technology, it requires visionary leadership, innovation, and the willingness to rethink business models to meet the demands of a rapidly evolving marketplace.

“Businesses that embrace this transformation will be better positioned to scale, improve efficiency, and unlock new opportunities.”

In his keynote speech, the President, FintechNGR, Mr. Stanley Jacob, said that digitisation is no longer optional but a matter of business survival.

Jacob said: “The divide between digitally native companies and legacy enterprises is no longer a technology gap, it is a survival gap.

“With 200 million plus people, 50 per cent of which are under 30, and 3.5 million young Nigerians entering the workforce annually, digitisation is the minimum requirement for relevance.”
He said that a future ready enterprise must be data-intelligent, cyber resilient, platform oriented and partnership driven.