Home Banking LG, Ecobank Partner to Make Smart Living Affordable for Nigerians

LG, Ecobank Partner to Make Smart Living Affordable for Nigerians

by Radarr Admin

In a bid to redefine modern living in Nigeria, LG Electronics Nigeria and Ecobank Nigeria have announced a strategic partnership that combines artificial intelligence (AI)-driven innovation with flexible financing solutions.

The collaboration, unveiled at the LG Smart TV AI Press Conference held on Wednesday at Ecobank’s headquarters in Victoria Island, Lagos, is aimed at making premium smart home technology more affordable and accessible to Nigerians.

At the event, LG showcased its latest lineup of AI-powered Smart TVs, including OLED, QNED, NanoCell, and UHD models, all built on the company’s LG ThinQ AI platform. The intelligent system learns user preferences, responds to voice commands, and connects seamlessly with other LG smart appliances, creating a fully integrated smart home ecosystem.

The innovation, according to LG, reflects its continued commitment to delivering smarter, more connected lifestyles that extend beyond entertainment to improve comfort, convenience, and efficiency in homes.

To support this vision, LG announced a partnership with Ecobank that will allow customers to purchase its Smart TVs and other appliances through Ecobank’s Easy Monthly Instalment scheme. The flexible plan enables buyers to spread payments over time, reducing the financial pressure of owning high-end electronics.

Speaking at the launch, Mr. Choongbae Seok, General Manager of Media Entertainment Solutions, TV Division at LG Electronics, said the partnership demonstrates LG’s mission to make innovation part of everyday living.

“Our AI-powered products are designed to simplify living, enhance comfort, and create a connected lifestyle for our customers,” Seok stated. “With AI at the heart of our innovation, LG continues to redefine what it means to live smart.”

Also speaking, Dr. Adeola Ogunyemi, Head of Distribution Channels and Sales at Ecobank Nigeria, described the partnership as a major step toward democratising technology and expanding access to smart living solutions.

“We believe technology should be accessible to everyone, not just a select few,” Ogunyemi said. “Our partnership with LG is a powerful step toward democratising smart living by offering flexible payment plans that put premium AI-powered devices within reach of more Nigerians.”

He added that the initiative aligns with Ecobank’s financial inclusion agenda, which seeks to empower Nigerians through innovative financial solutions that improve their quality of life.

“This collaboration goes beyond financing; it’s about empowering Nigerians to experience the future of living today,” Ogunyemi added. “As smart homes become the new norm, Ecobank is proud to support this transformation by providing convenient, affordable solutions that enhance daily living. Together with LG, we are making smart living not a luxury, but a reality.”

Beyond Smart TVs, LG also demonstrated how its AI ecosystem extends to other appliances such as washing machines, refrigerators, and air conditioners, which communicate and adapt to user behaviour. This connected network promotes energy efficiency, convenience, and sustainability within households.

The announcement follows LG’s recent global success at the IFA 2025 Innovation Awards, where the company won 17 awards, including the Best of IFA title for its LG SIGNATURE OLED TV, the world’s first wireless transparent television. LG was also recognised across categories including Mobility, Design, Smart Home, and Home Appliances, reinforcing its status as a global leader in innovation.

The LG Smart TV AI Press Conference at Ecobank HQ marked a milestone in both companies’ shared goal of merging technology and finance to promote smarter living. As Nigeria advances deeper into the age of intelligent automation, the LG–Ecobank partnership is setting a new benchmark for accessible, connected, and intelligent home experiences.

Through this collaboration, Nigerians can now embrace the future of home living—where artificial intelligence meets financial flexibility, and smart living becomes both attainable and sustainable.

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