Nigeria losing 72% Internet revenue to U.S., says report

Stakeholders are on accord that hosting domain names locally will curb capital flight Majority of .ng and .com.ng websites in Nigeria are hosted in the United States, making Nigeria lose about 72 per cent of revenue it should be generating through local hosting of such websites, a new report obtained by New Telegraph has revealed. The report on the use of domain names in the national domain of Nigeria name, .ng was carried out this December by a web-hosting company, HUB8. According to the report, out of the 34,000 sites,…

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