Foreign ICT investments in Nigeria up 310%

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Foreign ICT investments in Nigeria up 310% – Report

« on: July 18, 2023, 07:00:56 am »

Foreign ICT investments in Nigeria up 310% – Report

Foreign investments in the telecommunication and IT service sectors rose by 310.11 per cent year-on-year to $238.11m in the first quarter of 2023. Capital importation increased from $58.06m as of Q1, 2022 to $238.11m as of Q1, 2023, according to data obtained from the National Bureau of Statistics. During the quarter under review, IT services

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