“By leveraging AI, my agency has significantly increased its productivity and output, enabling us to take on far more projects than before, without compromising on quality,” Olisakwe told TechCabal. He credits tools like Claude, Cursor, ChatGPT, Juro, and Perplexity with transforming the way his company operates—from development cycles to customer service.
Thanks to AI, Auroraweb3 has not only expanded into new verticals like Web3 investments and trading bot development, but has also dramatically reduced labor dependency per project. Previously, a typical assignment would require four to six developers from a pool of 34 contract-based staff. Now, that number is often down to just two or three developers—or even one in some cases—with AI handling tasks that once needed entire teams.
AI Adoption is Accelerating Growth Across Industries
Olisakwe isn’t alone. Across sectors, Nigerian entrepreneurs are tapping into AI to scale faster, cut costs, and reach wider audiences. For instance, Fadé Adeniyi, co-founder of Techlerator—a boutique tech recruitment startup in Nigeria and the UK—reported a 65% revenue increase in just four months after implementing AI solutions.
Using Llama, a powerful AI language model, Techlerator transitioned from delivering individual training sessions to hosting large-scale classes that reached over a thousand students simultaneously. “This scalability has not only accelerated our training processes but has also significantly increased our revenue compared to our previous instructor-led model,” said Adeniyi.
Reducing Costs, Elevating Output
AI’s value doesn’t stop at increasing reach—it also trims expenses and boosts operational efficiency. At MyJobMag Limited, a Lagos-based recruitment agency, CEO Ogugua Belonwu says the firm has optimized its content creation processes using ChatGPT. Before AI, the company spent ₦6 million ($3,900) annually on content writers. Now, AI assists with generating outlines, guides, and SEO-friendly content, slashing those costs and improving performance.
At Spitch, an AI-powered text-to-speech and speech-to-text company, CEO Temi Babaola said the adoption of AI has led to a 10% cost reduction in the company’s budget. “AI is integrated into every stage of product development—from ideation to task assignment,” he said. “It’s not just about using AI; we’re building with it.”
A Macro-Level Impact on Nigeria’s Economy
AI is fast becoming a key driver of economic transformation in Nigeria. A Google report projects that AI will contribute $15 billion to the country’s GDP by 2030. Similarly, the GSMA forecasts that AI could add $2.9 trillion to Africa’s economy, with Nigeria, a continental tech leader, standing to benefit most—particularly in agriculture, energy, and climate sectors.
Startups are already making strides. ThriveAgric employs AI to assess farmers' creditworthiness for financing, while Hello Tractor uses AI to connect tractor owners with smallholder farmers through a sharing economy model. AI-powered precision agriculture is improving crop yields and optimizing resource use, revolutionizing how farming is done in the region.
AI and the Job Market: Threat or Opportunity?
But amid all the gains, concerns persist—especially about job displacement. As AI streamlines operations and enables leaner teams, some roles risk being automated out of existence. The World Economic Forum (WEF) reported that 41% of employers plan to downsize, and Bloomberg Intelligence expects global banks to cut up to 200,000 jobs in the next three to five years.
Despite this, leaders like Olisakwe remain optimistic. “AI hasn’t replaced our team, it has amplified them,” he said. His strategy? Hire top-tier talent and place them in leadership roles over AI-assisted teams—creating an agile and highly productive workforce.
Belonwu of MyJobMag, however, takes a more cautious approach. “Employers will not like it if we use it too much,” he said, emphasizing the importance of balancing efficiency with human interaction in business relationships.
AI and Creativity: A New Era for Creators
For creative professionals, AI is proving to be a powerful partner. Mathew Munyao, founder of Kenya-based Attention Media, said AI tools like Grok 3 and DeepThink have revolutionized how he works. “I use AI for in-depth research, generating and animating images, composing music, and designing websites. What used to take days now takes hours,” he said.
According to the WEF’s 2025 Future of Jobs report, AI-related investments have grown nearly eightfold since the release of ChatGPT. With this surge in funding has come infrastructure development—data centers, energy sources, and advanced servers—all necessary to support the next wave of AI applications.
The Future of Work: Specialization and Adaptability
The most in-demand jobs in the coming years will reside in the tech ecosystem: big data specialists, AI engineers, cybersecurity analysts, fintech developers, and environmental engineers. A 2024 Ipsos and Google survey showed that 70% of Nigerians already use generative AI tools—significantly above the global average of 48%. These tools are widely employed for writing, studying, and simplifying complex information.
This level of adoption suggests that roles such as bookkeeping, customer service, and basic content writing are increasingly at risk of automation. To stay relevant, experts suggest workers embrace AI as an ally. “You need to understand what tools are used in your sector and learn them,” said Jennifer Oyelade, director of Transquisite Consulting.
Olamide Adeyeye, a human development researcher, echoed this sentiment. “The future belongs to specialists. People who master one skill deeply will thrive more than generalists who know a little about everything,” he said.
Conclusion: AI as a Force Multiplier
The AI revolution is no longer on the horizon—it’s here. For Nigerian businesses, the question is not whether to adopt AI but how fast and how smartly. From startups and recruitment firms to agritech and finance, the companies embracing AI today are already gaining a competitive edge. The rest risk being left behind.
In a world where efficiency, speed, and precision are currency, AI is not just a tool—it’s the new foundation of sustainable growth.