The digital economy is the end-to-end digitization of everyday activities and business processes using the appropriate digital technology and policies to unlock value across sectors while generating positive economic outcomes. Digital economy empowers people by increasing access to information and enabling new forms of social engagement. It unlocks new pathways for rapid economic growth, innovation, job creation and access to social services.

Nigeria’s digital economy in 2022 will be shaped by commercial 5G rollout in few cities, digital entrepreneurship, digital government, digital skills, digital identification, digital platforms and digital policies. What/who then, will catalyze the digital economy in Nigeria?

Chigozie Muogbo, Verraki’s Head of Research and Intelligence, spoke to Arise Television on the Nigerian Digital Economy and shared insights on what Nigeria must do to drive digital growth.