Buy custom Telecom is lucrative in Nigeria
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And the remainder of investors are ready to commit to any other investment vehicle or derivative.
Size of investment
Odufuwa said the size of investment the entrepreneurs were willing to make in the telecom sector brings up interesting results. He disclosed that while the majority of respondents (40 per cent) would make small value investments in the order of N20 million or less, a small number (seven per cent) would make very significant investments in excess of N250 million...
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He disclosed that while the majority of respondents (40 per cent) would make small value investments in the order of N20 million or less, a small number (seven per cent) would make very significant investments in excess of N250 million. The average typical investment is N56 million. “This particular result should be of interest to telecoms businesses and entrepreneurs seeking to mobilise capital,†he recommended...
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