Here are some key statistics:


- Internet Users: 122.5 million Nigerians were using the internet as of January 2023, representing 55.4% of the population ¹.

- Social Media: 31.60 million Nigerians were active on social media platforms in January 2023, accounting for 14.3% of the total population ¹.
- Mobile Connections: 193.9 million mobile connections were active in Nigeria in early 2023, equivalent to 87.7% of the population ¹.

- E-commerce: Nigeria's e-commerce market is projected to reach $13 billion by 2025 ².

- Digital Financial Services: 60 million Nigerian adults lack access to formal financial services, highlighting the need for increased digital financial inclusion ³ ⁴.

- Digital Identity: Financial inclusion increased to 74% in 2023, up from 68% in 2020, but still short of the Central Bank of Nigeria's 95% target ⁵.