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xCaribbeanboy

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are these domains valuable I was thinking about picking up one
 
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It is the country code for Nigeria, there is no inherent value in a random cctld. I am sure it is an extension where some people may want to play around with domain hacks like doi.ng or somethi.ng. The question you have to ask yourself is why you want to pick one up ? Do you believe there will be a demand from more Nigerians getting online ? Are you looking for a domain hack ?

If you buy domain names to sell them for a profit, you need to ask why someone would pay you more than you paid for an extension with an almost non existent aftermarket ?
 
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It is the country code for Nigeria, there is no inherent value in a random cctld. I am sure it is an extension where some people may want to play around with domain hacks like doi.ng or somethi.ng. The question you have to ask yourself is why you want to pick one up ? Do you believe there will be a demand from more Nigerians getting online ? Are you looking for a domain hack ?

If you buy domain names to sell them for a profit, you need to ask why someone would pay you more than you paid for an extension with an almost non existent aftermarket ?

I was picking it up for the sole purpose of a domain name hack
 
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I was picking it up for the sole purpose of a domain name hack

Well if you have an idea for it, and only one it might be worth a speculation, just know the value is what you paid to register it. The hope is that a startup or some other business looking to be creative with a domain hacks wants the domain and pays your asking price for the domain.
 
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Internet usage is soaring in Nigeria. It is a major African country. But I don't think there is an aftermarket for .ng domains yet.
Nigeria also has a reputation for being very corrupt.The registry itself has been accused of wrongdoings, confiscating domains etc. And there a few other countries where the rule of law is shaky, and the registries apparently acting shady. Put simply, many exotic registries are poorly run (like any other state institution...).
Speaking of Africa, many of its TLDs are still embryonic, the regs are measured in hundreds or thousands. Eritrea has fewer than 100 active domains in .er...
I think that when you venture into ccTLDs, especially the more exotic ones, you need to know the local market well enough.

BTW: each ccTLD is different. The rules on what is allowed/forbidden may vary a lot from one extension to another. Some TLDs do not allow speculative regs for example.
 
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as of the time of posting this, I think the value is picking up as internet usage in Nigeria is breaking forth now. So much more is happening online now in the Nigerian online space than never before. So you can try to buy one, probably a single word name and try to sell it. You never can tell.
 
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