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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]
Each of these effects is important individually, but together they have synergies and constitute a distinct economic landscape. [ 1 ] Research in the economics of digitization touches on several fields of economics including industrial organization, labor economics , and intellectual property .
The digital divide in Nigeria is impacted by education, lack of electrical infrastructure, income, and urban drift, as well as a variety of other social and political factors contribute to Nigeria's growing digital divide. [40] [41] There have been efforts to reduce the digital divide by both government agencies and technology corporations. [42 ...
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 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 ...
In May 2021, the Central Bank of Nigeria announced that Nigeria would create a digital currency. [52] In July 2021 it further said that it will launch the pilot scheme on 1 October 2021. [ 53 ] Following these announcements, the central bank named Bitt Inc. in August 2021 as its technical partner for Nigeria's digital currency that would be ...
Brandon Granger, the congresswoman’s son, told The Post that his mother has exhibited signs of dementia over the past three months since she’s moved into the facility.
The End Bad Governance protests, widely known by the hashtags #EndBadGovernance or #EndBadGovernanceInNigeria, were a series of decentralized mass protests in Nigeria [7] that mainly occurred from 1 August to 10 August 2024, triggered by the rising cost of living in the country.