BUSINESS● LOW1h ago · Oct 21, 2026, 4:29 PM
Nigeria loses ₦1.13tn yearly to foreign cloud dependency — Study
Vanguard Nigeria · sub saharan africa
Experts downplay fears of AI-driven job losses By Omeiza Ajayi ABUJA — Nigeria loses about $850 million, equivalent to ₦1.13 trillion, annually through its reliance on cloud infrastructure provided by a handful of foreign companies, according to research commissioned by global technology philanthropy Luminate. The Chief Executive Officer of Luminate, Melanie Hui, disclosed this on […] The post Nigeria loses ₦1.13tn yearly to foreign cloud dependency — Study appeared first on Vanguard News.
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