Investor Presentaiton

Leveraging advancement in technology to transform the economy, the information and communication technology sub-sector has witnessed rapid growth FirstBank Since 1894 Overview of the Nigerian Economy ◉ יון وا The information and communication sub-sector contributed 14.6% to GDP in 2020 and has grown at about 4% over the last 5 years. Nigeria is home to the fastest growing and largest telecommunications industry in Africa. The sub-sector has grown. phenomenally from a very low tele-density of 1.89% in 1993 to a magnificent 106.6% in 202 ■ GDP contribution has grown about 9% With a population size of about 200 million, less than 60% of whom are active internet users, the information, communications and technology (ICT) industry presents attractive investment opportunities. Nigeria's ICT network has revolutionized business operations by providing the highly mobile-technology- driven population with seamless ability to bank, invest, purchase, distribute, communicate, and explore through anytime and anywhere access to the internet

View entire presentation