Tech/ICT Companies In Nigeria – Countries with good technological infrastructure are generally progressive. No doubt, technology is the driving force behind every industrialized country in the world.
Nigeria, Africa’s largest economy, is a home for successful Tech/ICT Companies, due to the rising profile of the country.
The sector of Tech/ICT Companies In Nigeria has been innovative in solving its local and international problems by filling the gaps left by the state.
With the rise of the novel COVID-19 pandemic, Nigerian startups tech have created solutions designed with Africans in mind to tackle the disease.
Startup tech like Life Bank and e-commerce giant Jumia have also stepped up to assist the government in fighting the virus.
Outside the healthcare sector, we see some tech using technology to solve problems in Education, Logistics, as well as being a major financial inclusion enabler
However, without pretense, We have discussed the list of top 20 Tech/ICT companies in Nigeria that are well rated.
Market Size Of Tech Sector In Nigeria:
Nigeria makes up 20% of the total population of Sub Saharan Africa. By the year 2050, Nigeria is expected to have surpassed the US to become the 3rd most populous country in the world; this number consisting of a burgeoning digital native population who will invariably be the highest consumers of internet and tech services.
Nigeria is at the forefront of it all as Africa’s unofficial tech capital. Home to Lagos, Africa’s largest city and the most valuable startup ecosystem on the continent, Nigeria is one of the top three countries driving the growth of technology in West Africa and Africa as a whole.
With a teeming population of 206 million people, Nigeria also ranks as the most populous nation in Africa.
These many people connote a large market size for trade and contribute to Nigeria being tagged as one of the eleven ‘3G’ countries which have been identified as sources of growth potential and of profitable investment opportunities.
List Of Top 20 Tech/ICT Companies In Nigeria:
These are the list of Tech/ICT Companies In Nigeria right now (latest and updated).
Glo Nigeria Limited is the first indigenous Nigerian owned telecommunication company and also among the leading firms in the IT industry and telecommunications sector.
GLO’s submarine cable extends from the United Kingdom to the West African coasts, providing ultra-fast internet connections to Nigerians as well as other West African countries.
Globacom primary services involve providing cheap data (4GLTE) and telephony services. Their headquarters is located in Lagos State, Nigeria and with operational branches in several other African countries, Ghana, Togo and Cote d’Ivoire.
Paystack is a technology company solving payment problems for ambitious businesses. Paystack is an indigenous Nigerian IT company with tentacles across African countries with over 25,000 merchants.
Paystack has come to be known as unique as her staff are not expressive with their dress sense, its work environment is indeed unique and relaxing. Paystack is entirely designed and built in the dynamic, entrepreneurial city of Lagos!
MTN Nigeria is considered the best IT firm operating in Nigeria. They began operations in Nigeria in 2001, securing their GSM license from the NCC at first before reeling out other services for their subscribers.
MTN Nigeria’s primary services include the provision of GSM, data, international roaming, and mobile phone retail services. They are part of the MTN Group, a multinational company based in South Africa and have their subsidiaries cutting across Africa.
With its extended network coverage and wide reach, MTN stands out as the best amongst the top telecoms operators in Nigeria today. MTN Nigeria headquarters is located at the Golden Plaza, Ikoyi in Lagos State.
9Mobile (Formerly Etisalat) is a multinational company domiciled in the UAE but with operations spread across the middle-east and Africa.
9Mobile changed its company’s name from Etisalat to “9Mobile” on the 14th of July, 2017. Its Nigerian operations commenced in 2008 and its major operations involve the provision of GSM, data, and international roaming services to its customers.
Its Nigerian head office is situated at Eti Osa, Lagos. Its major strength is in its vast array of internet broadband services. Its website is etisalat.com.ng.
5. Airtel Nigeria
Airtel is an Indian national telecommunication company operating in Nigeria. They officially began operations in 2010 after buying Zain Nigeria. Airtel Nigeria has one of the largest mobile internet subscriber bases in the country.
6. Tek Experts Nigeria
Tek Experts is a leading, global provider of business and IT support services. It is ranked as the 67th best company to work for in Nigeria.
7. Ericsson Nigeria
Ericsson has since remained relevant in the technological world. Globally, Ericsson is well respected and even began operations before most of the top tech firms in the world.
The Swedish based multinational company has built a network in various continents whilst offering various services, some of which include software, telecommunication, mobile, fixed broadband, video systems, cable TV and a host of other services. Ericson Nigeria headquarters is located at Carrington Cresent, Victoria Island Lagos.
8. InterSwitch Limited
Just like Globacom, InterSwitch Limited is also an indigenous company established in 2002. This tech company deals with integrated payment and transaction processing services.
They are also involved with the provision of advisory services, transaction processing and payment infrastructure to banks, government, and corporate bodies. Interswitch office is located at Oke Awo Close, Victoria, island, Lagos.
9. Google Nigeria
Google, no doubt is the world’s largest search engine giant currently. Although based in the United States of America, the multinational search engine giant is said to be worth billions of dollars according to Forbes and has active operations whilst promoting information technology in several countries of the world including Nigeria.
Google Nigeria headquarters is located at Rewane, Ikoyi in Lagos State.
10. IBM Nigeria
International Business Machines, commonly referred to as IBM, is an American-based multinational company with outlets and operational branches around the world. IBM manufactures, deals and promotes computer software and hardware.
They also offer other tech services such as cloud computing, hosting and consulting services. IBM Nigeria has its headquarters located at Karimu Ikotun Street, Victoria Island, Lagos.
Dataflex, one of the oldest indigenous ICT companies in Nigeria. They have a vast array of international partners some of which include: Microsoft, Oracle, Symantec, IBM, Dell, Fujitsu, EMC and many more.
Dataflex’s head office in Nigeria is located at Murin Okunola Street, Victoria Island, Lagos State, Nigeria.
The startup provides digital payments infrastructure and services which enable global merchants, payment service providers, and pan-African banks to accept and process payments across various channels.
It raised a $35M Series-B round led by US venture capital firms Greycroft and eVentures in January 2020.
The funding was invested in technology and business development to grow market share in the countries it operates in.
13. Auto Chek
The company is an automotive technology company that aims to build solutions for the African market. It raised $3.4 million in pre-seed funding round in November 2020, co-led by TLcom Capital and 4DX with inclusion from Golden Palm Investments, Lateral Capital, Kepple Africa Ventures.
Auto Chek will use the investment to grow its Nigerian and Ghanaian markets, invest in its tech, and grow its team.
Despite the ravaging impact of Covid-19, Nigerian tech start-ups raised millions of dollars in funding. We hope to see more investors in the first quarter of 2021.
For all of its consumer potential, the evolution of Nigeria’s online retail industry has been hampered by an absence of payment infrastructure and a relatively low penetration of credit cards.
Jumia, “Africa’s Amazon”, solved this by sending out its products on bikes and collecting cash payments.
Former soldier Sim Shagaya launched e-commerce business Konga.com in June 2012. After major investments from Swedish venture capital fund Investment AB Kinnevik and the South African media conglomerate Naspers, the company is moving to a huge new fulfilment centre in Lagos.
One of the first of Nigeria’s new wave of technology companies, Pagatech was founded in 2009 and allows users to perform a number of transactions through their mobile phones. As online retail takes off, mobile payments will be vital.
One of Nigeria’s technology old guard, Jobberman was founded by three Nigerian entrepreneurs in 2009 as a job search and recruitment website.
Now the region’s most popular recruitment site, it has expanded into Ghana and has eyes for other countries.
Although software gets a lot of attention, Nigerian companies have also begun to develop hardware.
Solo’s handsets and media platform are tailored to the domestic market, offering dual-sims and a huge library of Nigerian music.
Getting hold of genuine spare parts for cars worn out by Nigeria’s battered roads is a constant battle.
Auto box matches authentic dealers with customers and delivers parts to their doors, taking some of the stress out of repair work.
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