Investing is key, more importantly is the ROI. Everyday we see businesses and startups emerge in different sectors and most times (NOT All THE TIME), money is always a challenge. As an investor, one wouldn’t invest all your money in one business or sector for that matter to spread the risk. However, if you had N10M and u wanted to invest in 5 different sectors which of the sectors in Nigeria will you rather invest in and why? And if you will rather invest in fewer sectors/businesses/startups, why?
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And while we all know the niche industries available in Nigeria, I believe Radar is for IT related affairs.
To answer your question:
It is hard to deny that the world is driven by technology. And while computers, cell phones, and the internet have become common place, there are plenty of IT Solutions that are just on the cusp of breaking out and becoming extremely important.
Investors who not only have a long time horizon, but have a high risk tolerance as well, all could see high levels of volatility in any of the IT Sectors, and given some of the broad trends in the space, it seems very likely that IT will forever remain in the forefront the world over.
So if I had N10M, I’ll have it invested in any of the promising IT Sectors. Cyber Security is a sure catch and needs to be considered.