NCC: Telecom Sector Contribution to GDP Rose to 13.5% in Q4, 2022

 

The Nigerian Communications Commissions (NCC) says the contribution of the telecom sector to the nation’s Gross Domestic Product (GDP) rose to 13.55 percent as at 4th quarter of 2022 compared to 10.88 percent in the first quarter of 2020.

In its latest industry report, the NCC also put subscriber numbers at 226.1 million as at March 2023, representing a teledensity level of 118.48 percent over the figure of 201.6 million recorded in April 2022.

The report also states that Internet subscription in Nigeria has risen to 157.5 million as at March 2023.

NCC is the regulator of the telecom industry in Nigeria.

spot_img
spot_img
spot_img
spot_img

Hot this week

AIICO Wins 2026 Insurance Company of the Year at Nairametrics Capital Market Awards

Left - right: Akin Morakinyo (Registrar, Chartered Institute of...

CREDIBILITY MARKETING: THE MOST EXPENSIVE CURRENCY IN THE AI DIGITAL AGE

  By Solomon Sanusi Strategist Connecting Ideas, Travel, Technology, and Markets...

PUBLIC POSITIONING: WHY GREAT BRANDS MUST BE SEEN IN THE RIGHT PLACES

   By Solomon Sanusi Strategist Connecting Ideas, Travel, Technology, and Markets...

VISIBLE PROXIMITY: WHY THE FUTURE BELONGS TO BRANDS PEOPLE CAN CONSTANTLY SEE

  By Solomon Sanusi Strategist Connecting Ideas, Travel, Technology, and Markets...

Media, Public Trust Key to Security Success – Dr. Chike Duru

Associate Professor and Head of the Department of Mass...

Topics

Pension Industry Will Invest in Infrastructure, Real Estate to Diversify Investment

As the new Contributory Pension Scheme (CPS) continues to celebrate its runaway successes, Mrs. Chinelo Anohu-Amazu, Director General, National Pension Commission (PenCom) speaks on the challenges of the scheme and the way forward. Review of Pension Industry in 2014 The activities in the Pension Industry were guided by the need to ensure sustainability and safety of pension funds as well as payment of retirement benefits. In the course of the year, and in line with the dynamics of the operating environment, some of the supervisory and regulatory frameworks were modified.

Rosatom Empowered 1000 Girls in Eastern Cape Province

As a strategic way to celebrate the October 11...

NCC Summons GLO, Suspends Promotion

The Nigerian Communications Commission (NCC) has summoned he management...

Google Slashes Political Lobbying to $3.8m

Google slashed spending on lobbying by 25.5 percent in...

FG Cancels NPA, Intels Agreement on Pilotage

The federal government has cancelled the pilotage monitoring and...

World Pension Summit Innovation Award 2016

The World Pension Summit and Pensions & Investments are...

Rebirth of the Insurance Agent

With great confidence and applause from other insurance agents...
spot_img

Related Articles

Popular Categories

spot_imgspot_img