Tuesday, February 3, 2026
27.9 C
Lagos

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

Hot this week

Reputation Economy: How Nigerian Brands Won, Lost Public Trust in 2025

P + Measurement Services, Nigeria’s leading independent media intelligence...

Paga, Leadway Assurance Partner to Safeguard Doroki Merchants with Tailored Insurance Solutions

Paga, the fintech company behind the Doroki merchant platform,...

CBN Publishes Fintech Report: Shaping the Future of Fintech in Nigeria

The Central Bank of Nigeria has released a comprehensive...

Stanbic IBTC Bank Nigeria PMI: New Orders Broadly Stable at Start of 2026

Nigerian companies faced a muted start to 2026. A...

Topics

Fidelity Bank to Hold 3rd Edition of FITCC in Atlanta, USA Sept 2025

Leading African financial institution, Fidelity Bank Plc, is set...

Economic Diversification, Non-oil Export Growth Back on the Front Burner

A peaceful outcome of the 2015 presidential election was the desire of the generality of Nigerians and the international community. Thankfully, we got it; and more. President Goodluck Jonathan converted his loss of the election to something remarkably positive for the country and for his legacy. His concession of defeat and early call to congratulate General Muhammadu Buhari, who emerged as President-elect, is surely an indelible mark in our strides to entrenching a democratic culture in Nigeria.

Ecobank Nigeria Unveils Money Transfer via SMS, WhatsApp

Ecobank Nigeria says its customers are now able to...

Sovereign Trust Insurance Reports N10bn Gross Premium in 2018

Despite the challenging economic environment that characterized operations of...

NIMC to Nigerians: Avoid Sharing Personal Data

The National Identity Management Commission (NIMC) has noted with...

UBA: N11tr Total Assets, N201bn Profit, 90kobo Dividend in 2022

  Oliver Alawuba Group Managing Director/CEO UBA Plc Africa’s Global Bank, United Bank...

MTN Sues CBN, AG over $10.1bn Forex, Tax Sanctions

The MTN Group says it has sought court injunction...

Worldwide PC Shipments Declined 7.7% in Qtr 3 2015

Worldwide PC shipments totaled 73.7 million units in the third quarter of 2015, a 7.7 percent decline from the third quarter of 2014, according to preliminary results by Gartner. Desktop PCs continued to show weakness with a high single digit decline, while the segment that combines notebook PCs and premium ultramobiles (such as the MacBook Air and Microsoft Surface Pro) recorded a low single digit decline.
spot_img

Related Articles

Popular Categories

spot_imgspot_img