Nigeria’s data protection ecosystem is projected to generate N13.8 billion in revenue in 2025, a 15 percent increase from the N12 billion recorded in 2024.
Vincent Olatunji, the national commissioner of the Nigeria Data Protection Commission (NDPC), disclosed this during an interview with the News Agency of Nigeria (NAN) on Thursday in Abuja.
He noted that the projected growth is driven by the increasing number of Data Protection Compliance Organisations (DPCOs) and the expanding scope of data compliance services in the country.
“These are businesses we have opened up by licensing professionals and skilled personnel to provide compliance services to data controllers and processors,” he stated. (Businessday)