While oil may be Nigeria’s breadwinner, agriculture remains the most important component of the country’s economy. The sector is the country’s largest employer and accounts for 23.9% of GDP. And yet for many years the agriculture industry took a back seat to the country’s rise as a key global hydrocarbons producer.
Since Nigeria’s mobile telecoms sector was liberalised in 2001, call quality has improved dramatically, primarily on the back of some $32bn in telecoms-directed investments made by the nation’s four leading mobile operators. This high level of spending has helped turn the 184m-person country into the largest mobile telecoms market in Africa,...
In 2015 and the first half of 2016 mobile data moved to the front and centre of Nigeria’s telecoms sector. In recent years the country’s four established mobile operators – namely the local firm Globacom, the UAE’s Etisalat, South Africa’s MTN and India’s Airtel – have ramped up investment in the development of high-bandwidth mobile data...
As both the largest market in Africa in terms of value and population, and a major rising player in ICT uptake and investment, Nigeria’s reputation as a centre for technology start-ups and innovation-driven development has progressed rapidly. One of the major drivers for this is the enormous domestic demand. In June 2016 the country was home...
Even amid the macroeconomic uncertainty of 2015 and the first half of 2016, the performance of Nigeria’s telecoms sector was marked by steady subscriber growth, a renewed regulatory mandate and continued infrastructure development. By July 2016 the country was home to 150.3m active telecoms subscribers, according to the Nigerian Communications...
As the continent’s most populous nation and arguably its biggest economy, Nigeria offers a lot of potential for construction firms – particularly given the significant need for infrastructure work, from housing to roads. However, meeting this demand will require overcoming a number of obstacles, ranging from cash flow issues and payment delays...
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