The Federal Republic of Nigeria is one of the largest economies in Africa. The country’s population is ever-growing and last recorded to be above 200 million. This growing number over the past years has increased the need for efficient and accessible services that digital technologies offer. Here, we will look at the headway digital technologies have made in transforming Nigeria and fostering economic growth. Analyzing Nigeria’s Digital Growth It has been listed that Nigeria is one of the largest economies undergoing a major digital transformation, and one record from the Central Bank of Nigeria showed that the revenues the country received from the digital economy had risen from $5.09 billion in 2019 to $9.97 billion in 2021, with the number projected to climb as high as $18.30 billion by 2026. This is due to the various policies initiated by the government, private sector investments, and international collaborations that have utilized digital technologies to spur economic growth in the country. To digitalize the country, one step the government has taken includes the establishment of the National Information Technology Development Agency (NITDA). This agency came forward with a proposal for a road map with an action plan from 2024 to 2027 […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
