Lexology In-Depth: Technology, Media And Telecommunications-Nigeria

Nigeria’s Technology, Media and Telecommunications (TMT) sector remains a key driver of economic growth, attracting substantial investment, spurring innovation and creating jobs. Even against the backdrop of a global slowdown characterised by high interest rates, inflation, widespread layoffs and geopolitical uncertainty. Nigeria, Africa’s most populous country and largest economy, continues to spearhead the continent’s digital transformation.

In recent years, legislative reforms, regulatory shifts and rapid technological advancements have been reshaping the TMT landscape, with a strong emphasis on sustainable digital growth supported by deliberate government policies.

This article explores these developments, assessing how evolving laws, regulatory actions, market dynamics and innovation are shaping the future trajectory of Nigeria’s TMT sector.

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