The Nigeria Internet Registration Association (NiRA) is targeting the registration of about 1 million .ng domains names in another five years, reports Vanguard. The president of NiRA, Sunday Folayan, said there has been about 50 per cent year-on-year growth from 3,000 to over 100,000 in the last few years, but it believes that with this growth rate, in another five years, it should hit 1 million domain names.
Folayan said that the growth has been fueled by two things, one of which is the fact that Nigerians are beginning to realise that it costs money to register a non-dot ng domain. The fall in the value of naira has made it clear that it is capital flight to register non-.ng domain names. He said more Nigerians are taking their businesses online. He said many Nigerians are beginning to recognise that brick and mortal businesses get patronage from their local catchment, but that when one takes a business online, opportunities are limitless.
For example, he said, many people come from abroad to bury their loved ones and hold parties, and their only contact to the event planners is through the internet, through recommendations and online channels. Concerning complaints about infrastructure gaps hampering hosting services in the country, Folayan said Nigeria was capable of hosting those facilities if local content development is considered.