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

RMBN Money Market Fund Receives Two-Notch Upgrade to ‘A+’ from Agusto & Co.

RMB Nigeria Asset Management Limited (RMBN AM) has received...

NCDMB, SNEPCo, LADOL Launch Human Capacity Development Programme for Supply Base Services

The Nigerian Content Development and Monitoring Board (NCDMB), in...

NCDMB Hosts Ghana National Oil Coy on Local Content Benchmarking Study

  R-L: Dr. Obinna Ezeobi, General Manager, Corporate Communications, Esueme...

NCDMB’s Oil & Gas Park to Become Operational Q4 2026

The Nigerian Oil and Gas Park Scheme (NOGaPS) at...

Is the Era of the POS Operator Coming to an End?

By Elvis Eromosele Step outside your home in Lagos, Kano,...

Topics

NCC EVC: ‘Consumers Remain our Focal Point’

      Prof. Umar Danbatta Executive Vice Chairman/CEO Nigerian Communications Commission (NCC) With consumers’...

Market Statistics: Thursday, 2nd November 2017

Market Cap (N'bn)               12,763.1 Market...

Book Presentation: GOCOP Seeks to Sanitise Online Journalism, Set Standards

The President of the Guild of Corporate Online Publishers...

FSI, Mentors Without Borders Launch Tech Mentorship Program at Thomas Adewunmi Varsity

Financial Services Innovators (FSI), in partnership with Mentors Without...

Nigeria’s Adekeye Emerges Chairperson, APPO Training Directors

L-R: Secretary General, African Petroleum Producers Organisation (APPO), Dr....

GE Restates Commitment to Africa at 2016 U.S.-Africa Business Forum

Two years ago, the first U.S.-Africa Business Forum drew...

Ecobank Digital Series: 9mobile CEO, Sinfield, Okere, for Digital Financial Inclusion Summit 

Ecobank Nigeria in partnership with Vanguard Conferences and Economic...
spot_img

Related Articles

Popular Categories

spot_imgspot_img