CHALLENGES OF NIGERIA’S DIGITAL ECONOMY: WAY FORWARD

The digital economy is becoming a more important part of the global economy. worth $11.5 trillion globally, comparable to 15.5 percent Gross Domestic Product (GDP), and has risen two half times faster than GDP over past 15 years. importance nation’s cannot be exaggerated. For all its potential, yet rough diamond. paper argues that government must act as regulator in order for country fully profit from potential available. To an effective regulator, endeavour remain ahead curve, comprehend nuances this type business, recognise governed same way traditional industry. government's involvement may extend areas such intellectual property, taxation, data security, cyber security. study applied conceptual, descriptive analytical approach, relying on extant literature benefits challenges economy, focusing participation maximize sectors’ potential. Data were collected statutes case laws, relevant books, journal articles, materials periodicals these fields internet, obtained was subjected content analysis.