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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]
Technological progress in Nigeria is dependent on access to information, digital platforms and the Internet. A 2013 Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) report showed there are over 70 million Micro Small and Medium-sized Enterprises (MSMEs) contributing 50% of the nation's GDP, but it was noted that less than 5% ...
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 sixth largest in Africa and the 27th-largest in terms of ...
In business analysis, PEST analysis (political, economic, social and technological) is a framework of external macro-environmental factors used in strategic management and market research. PEST analysis was developed in 1967 by Francis Aguilar as an environmental scanning framework for businesses to understand the external conditions and ...
The National Information Technology Development Agency (NITDA) is a public service institution established by NITDA Act 2007 as the ICT policy implementing arm of the Federal Ministry of Communications, Innovation and Digital Economy of the Federal Republic of Nigeria.
Market environment and business environment are marketing terms that refer to factors and forces that affect a firm's ability to build and maintain successful customer relationships. The business environment has been defined as "the totality of physical and social factors that are taken directly into consideration in the decision-making ...
technological factors (emerging technologies) physical factors (failure of machines, fire or theft) operational factors (access to credit, cost cutting, advertisement) External risks arise from factors (exogenous variables, which cannot be controlled) such as: economic factors (market risks, pricing pressure) natural factors (floods, earthquakes)
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]