Federal finance and statistics / Central Bank of Nigeria

Nigeria’s Budding Digital Economy: Coping with Disruptive Technology

Innovation is the lifeblood of any digital economy, and it is the constant emergence of innovation that ensures the competitiveness and sustenance of the sector. This is because, unlike most other industries, in the digital economy, competition is almost always against global players. The fact that a product or service is digital means that consumers have access to alternatives without the limitations of geography, hence, to remain relevant, Nigerian companies must strive to be globally co | Keywords: Digital Economy, cryptocurrencies