Expert hinges business growth on technology | The Guardian Nigeria News - Nigeria and World News

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The COVID-19 pandemic has been an eye-opener for many businesses bringing normal ways of doing business to become abnormal. Flip back to the lockdown period that saw many Nigerians resort....

The COVID-19 pandemic has been an eye-opener for many businesses bringing normal ways of doing business to become abnormal.

The pandemic came with its disruption and now, the new way of doing business is through virtual business. It is cost effective, gives room for more creativity, and reduces office bureaucracy. “And to top it all, you can actually work anywhere at any time and still deliver optimal business results,” he said. According to him, as much as COVID-19 hit some businesses hard, some others made more profits even in the heat of the pandemic.

According to the Nigerian Communications Commission , Nigeria gained 2.5 million subscribers during the lockdown in April 2020. Also, in Q2 2020, Internet users hit 7.5 million, taking the total number of data users in Nigeria to 143.3 million as of June 2020.Telecos financial reports during these periods showed growth although the numbers were said not to be impressive, compared to revenues from previous quarters.

 

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