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Firms in Nigeria, especially those with large portfolios like banking industry, have begun to understand the importance of accurate data and technology as innovative differentiators. Banks have begun to use technology to address their sourcing demands or manage their vendors. Some have developed in-house real estate databases to establish a real estate index and validate their pricing (price discovery).
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Innovation in data and technology will enable Nigeria to leapfrog over the current infrastructure limitations and economic woes to a brighter and more sustainable future.
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