Nominal vs Real growth: Why Nigeria’s 31.6% ICT growth is not impressive
Nigeria’s ICT sector posted 31.6% nominal growth in Q1 2025, but real growth was just 5.43%. Inflation inflated the numbers, real output tells a less impressive story of actual expansion.
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Nominal vs Real growth: Why Nigeria’s 31.6% ICT growth is not impressive
Nigeria’s ICT sector posted 31.6% nominal growth in Q1 2025, but real growth was just 5.43%. Inflation inflated the numbers, real output tells a less impressive story of actual expansion.
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