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The digital divide is a term used to describe the disadvantage in access to information which people without access to ICT suffer. [1] Nigeria's digital divide refers to the inequality of Nigerian individuals, groups, or organizations with regard to access to Information and communications technology (ICT) infrastructure or to the internet for daily activities. [2]
Several papers in the literature attempt to quantify the economic impact of increased product variety made available through electronic markets. [39] [40] Bar-Isaac et al. (2012) [41] derive a theory of when lower search costs will result in 'superstar' and 'long-tail' effects.
The economy of Nigeria is a middle-income, mixed economy and emerging market [27] [28] with expanding manufacturing, financial, service, communications, technology, and entertainment sectors. [ 29 ] [ 30 ] It is ranked as the 53rd-largest economy in the world in terms of nominal GDP , the fourth largest in Africa and the 27th-largest in terms ...
The Southwest of Nigeria is ahead of other parts of the country in internet connectivity as 552,667 new subscribers were connected to the internet via ISP in the first quarter of 2022 [25] Internet user penetration in Nigeria for 2022 is 38.73% [26] About 7 million new subscribers joined the internet access connection in November 2021 Which led ...
The Federal Ministry of Communications, Innovation and Digital Economy in Nigeria is a government ministry responsible for overseeing the development, implementation, and regulation of policies related to communications, innovation, and digital economy sectors within the country. The current minister is Dr Bosun Tijani. [2]
While this definition is adept at measuring the impact of digitalization on economic growth, it only focuses on the nature of output and offers an incomplete view of the Digital Economy's development. [12] In a bottom-up and broad perspective, the Digital Economy is "all industries using digital inputs as part of their production process".
The widening digital divide in Nepal has also prompted the government to step in, due to worries that the lack of digital literacy will have a negative impact on the country and its economy. [74] Officials are working towards closing the gap by introducing new programs that will give people the ability to utilize technology more easily than before.
Nigeria is Africa's largest ICT market, accounting for 82% of the continent's telecoms subscribers and 29% of internet usage. [1] Globally, [2] [3] [4] Nigeria ranks 11th in the absolute number of internet users and 7th in the absolute number of mobile phones.