The growth in telecommunications subscriptions that started since January this year took an impressive turn as Nigerians activated 11.2 million lines on the GSM networks in April.
In 2017, Nigeria’s Gross Domestic Product (GDP) growth was 0.83% (compared to a decline of 1.58% in 2016). In the second quarter of 2017, the country officially emerged from a recession which had lasted about a year.
Nigeria’s economy is exiting a painful recession, but policy implementation needs to move quickly and comprehensively to facilitate economic recovery and help the country reap its longer-term potential.
A recent report on the Nigerian Mobile Sector by Africa’s leading e-commerce company Jumia, has revealed an 11% increase in the number of Nigerians who visited the Jumia Website via their mobile phones, 79% in 2017 versus 71% in 2016.
Africa Business Communities has set up several business directories among which the directory for players in the Market Research Business in Africa.
As we all know the lack of reliable data on African economies is one of the major constraints for the economic growth and foreign direct investment on the continent. In order to improve African Business Data we have launched the African Business Panel.