The most populous country and arguably the largest economy on the continent, Nigeria is widely regarded as an African powerhouse.
Nigeria ICT
Displaying 7 - 12 of 13
Chapter | Telecoms & IT from The Report: Nigeria 2015
Over the past decade Nigeria has become the largest telecoms market in Africa and the Middle East, with more than 140m active telecoms subscribers in 2015, according to the Nigerian Communications Commission (NCC), the federal telecoms regulator. As is the case elsewhere in frontier and emerging markets, mobile subscribers accounted for over 99% of this total, with virtually all of that...
Fresh from a rebasing exercise in April 2014 that boosted 2013 GDP by 89% to $509.97bn, Nigeria now ranks not only as Africa’s most populous country, but also as its largest economy. It has long played an outsized regional role, making up 76% of West Africa’s GDP and around 60% of its population.
Chapter | IT & Telecoms from The Report: Nigeria 2013
Over the past decade Nigeria’s ICT industry has grown to become one of the largest and most dynamic in Africa, with total mobile internet subscribers topping 30.9m at the end of the second quarter of 2012, accounting for the majority of the country’s 48.4m internet users. While the government has taken a prominent position on driving basic penetration, private operators have been influential in...
As the single most populous nation in Africa, Nigeria recently overtook South Africa as the largest economy on the continent. Natural resources, oil and gas in particular, comprise the country’s single largest revenue-earner but the 170m person economy also has seen significant activity in recent years into the industrial, financial, telecoms and – as of 2013 – power sectors.
With the National Bureau of Statistics(NBS) recording a real GDP growth rate, on an aggregatebasis, of 7.13% in the first quarter of 2011, and a slightly lower 6.17% for the same quarter in 2012, Nigeria boasts the continent’s second-largest economy after South Africa. Africa’s largest oil producer, Nigeria is the third-largest recipient of foreign direct investment in the continent after Angola and Egypt, according to the US Diplomatic Mission.
Page 2 of 3