By Ebinum Samuel
History was made on July 31,2025 when the distinguished members of the Artificial Intelligence Management and Finance Institute Nigeria ( AIMFIN ) met at Ikeja Airport Hotel, Ikeja, Lagos where it hosted an intellectually engaging meeting, through indepth and thought-provoking lectures on different aspects of AI. The focus was however, on promoting and sustaining its ethical values here in Nigeria and beyond our shores.
Interestingly, AIMFIN happens to be one of the three of its kind of associations promoting AI in the global sphere. The epochal event also witnessed the conferment of doctorate degree on some deserving members and professorship on Dr. Francis Toromade the Chairman of Governing Council of AIMFI by Omniversity Imperial College LLC Missouri, USA.
Shedding light on what the association stands for Toromade stated that: “AIMFIN is more than a professional body—it is a forward-looking institute established to empower individuals, transform industries, and shape the future through the ethical, inclusive, and
responsible integration of Artificial Intelligence (AI) across business, finance, education, governance, and other sectors.
“We believe that AI is not just a technological force, but a tool for human-centred
transformation—one that must be guided by fairness, equity, transparency, and global best practices.
Furthermore, he explained that: “At the heart of AIMFIN is a bold vision to promote ethical and responsible AI integration that enhances efficiency, drives innovation, and supports sustainable growth.It also provides quality education and professional certifications that equip professionals
to thrive in the AI era.
” This is in addition to fostering continuous professional development through fellowships, seminars, mentorships, and global learning opportunities. As it upholds ethical leadership and transparent governance, particularly in the digital
economy, it also supports applied research and innovation that solve real-world challenges with AI
driven solutions.”
Worthy of note is that AIMFIN builds strategic collaborations with institutions and industries, both locally and
internationally. And good enough, it engages policymakers and industry leaders to shape responsible AI frameworks
and policies as well as recognizing excellence in the globally influencing AI spectrum.
With regards to its legal status and recognition
AIMFIN’s credibility and global legitimacy are backed by a strong foundation of legal authorization and institutional approval. These include the Corporate Affairs Commission (CAC), Nigeria – RC: 7938060, the Companies and Allied Matters Act (CAMA) the Federal Ministry of Education (FME), Nigeria and the Lagos State Ministry of Tertiary Education (MTE).
In fact, the National Assembly Recognition – Nigeria came on February 6, 2025, through the AIMFIN Establishment Bill (HB. 2063), as sponsored by Hon. Usman Zannah. And by the Legal Registration – Missouri, USA
AIMFIN it was incorporated in the United States under Document/Charter No: N001700975, enabling it to operate internationally.
Amongst the dignitaries present during the event at Ikeja Airport Hotel were Prof. Tokunbo Akeredolu -Ale, President/ Dean, Omniversity LLC Lagos Nigeria and Imperial College LLC Missouri USA; Prof. Contantine Imafidon Tongo, Dcp, Prof. , Dr Funmilayo Iyabode Arowoogun, Dcp and Architect Samson Akinyosoye, one of the Guest Lecturers.
As highlighted by the Chairman of AIMFIN, Prof. Francis Toromade, the increasing influence of Artificial intelligence is here with us but to get the best out of it its practice must align with the globally accepted best ethics with equity, fairness and justice.