Seven technology companies defied tough economic conditions in Nigeria to grow their combined revenue by 621.53 percent, rising from $76.14 million in 2020 to $549.37 million in 2023.
The companies, Omniretail ($120.15 million), PalmPay ($63.90 million), Moniepoint ($264.51 million), Chams ($15.18 million), Paga ($65.97 million), Remedial Health ($16.30 million), and Termii ($3.36 million) also increased their total staff strength by 259.93 percent, growing from 1,088 employees in 2020 to 3,916 in 2023.
These companies, all featured in th
