“The Central Bank's licensing of Paymen
In the hierarchy of Nigeria's GDP contributors, finance has long been one of the top service-sector performers, matched only by trade, real estate, and oil. But the latest GDP data marks a symbolic shift: telecommunications and information services have definitively overtaken financial institutions in their share of economic output. This is more than a statistical milestone; it reflects the fundamental reconfiguration of Nigeria's growth drivers in an increasingly digital economy.
