See every side of every news story
Get Started
SubscribeLogin
Israel-Hamas Conflict
Natural Disasters
Baseball
Tariffs
Social Media
Military
Artificial Intelligence
South America
Donald Trump
Stock Markets
Soccer
Latin America
European Union
Published • Lagos, Nigeria • Updated

Nigeria: $1trn Economy - 'Nigeria Needs €1.05bn Data Centre Investment, 90,000km Fibre Expansion

Summary by allAfrica
Nigeria's ambition to build a $1 trillion economy depends on €1.05 billion in data center investment, a 90,000-kilometer fiber optic expansion, and a 10 percent broadband penetration boost that could add 2.5 per cent to GDP, industry experts revealed.

3 Articles

All
Left
Center
1
Right
allAfricaallAfrica
Center

Nigeria: $1trn Economy - 'Nigeria Needs €1.05bn Data Centre Investment, 90,000km Fibre Expansion

Nigeria's ambition to build a $1 trillion economy depends on €1.05 billion in data center investment, a 90,000-kilometer fiber optic expansion, and a 10 percent broadband penetration boost that could add 2.5 per cent to GDP, industry experts revealed.

·South Africa
Read Full Article
Latest Nigerian NewsLatest Nigerian News

$1trn Economy: 'Nigeria Needs '1.05bn Data Centre Investment, 90,000km Fibre Expansion

Nigeria's ambition to build a $1 trillion economy depends on '1.05 billion in data center investment, a 90,000-kilometer fiber optic expansion, and a 10 percent broadband penetration boost that could add 2.5 per cent to GDP, industry experts revealed. Industry stakeholders who disclosed this, at the Policy Implementation Assisted Forum (PIAFo), in Lagos, stressed that []

Read Full Article
BusinessamliveBusinessamlive

Experts hinge Nigeria’s $1trn economy target on digital infrastructure expansion – Businessamlive

Ayotunde Coker, chief executive officer, Open Access Data Centre; Abayomi Adebanjo, director, legal (Global & Regional Business Affairs), Equinix; Lars Johannisson, chief executive officer, Rack Centre; Yemi Adepetun,  Ass. business editor (Guardian) and panel moderator; and Convener, Omobayo Azeez,  Policy Implementation Assisted Forum (PIAFo), at the 7th PIAFo Summit on Critical National Information Infrastructure held in Lagos, recently. Indu…

Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources are Center
100% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Businessamlive broke the news in on Thursday, March 27, 2025.
Sources are mostly out of South Africa (1)

Similar News Topics

Economy

Economy

Business

Business

Lagos, Lagos

Lagos, Lagos

Nigeria Economy

Nigeria Economy

You have read 2 out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.

Our use of cookies
Unlike other news sites, we do not share or sell your data to third-parties for targeted ads.
By continuing to use our application or website, you agree to our Terms of Service and Privacy Policy.
News
For You
SearchBlindspotLocal