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
spot_img

Hot this week

Is Investing for Me? Rethinking Who the Stock Market is Actually Built For

  By Robinson Kolawole "Investing is not for someone like me."...

CIIN Boss, Yetunde llori, Bows Out, Lists Achievements in Office

Mrs. Yetunde llori, the President/Chairman of Council, Chartered Insurance...

WorldStage Business Forum Q2 2026: Prof. Baale Makes Case for Building World-class Nigerian Corporate Culture

L-R: Mr. Segun Adeleye, President/CEO, World Stage Limited; Prof. Lere...

Insurance Brokers Reaffirm Commitment to Local Content, Digital Innovation at SUPERNEWS Conference

Deputy President of the Nigerian Council of Registered Insurance...

Topics

Sovereign Trust Insurance Aligns Brand with the Arts

The profile keeps rising for one of Nigeria’s forward-looking...

UBA Unveils Henrietta Ugboh as Independent Non-Executive Director

    Owanari Duke Retires from Group Board Africa’s Global Bank,...

AMCON Takes Over Micmerah International Agency

A Federal High Court sitting in Awka, the Anambra...

Union Bank Rewards Debit Card Users

After over three months of sustained campaign to encourage the use of debit cards, Union Bank Nigeria Plc has rewarded its customers that heeded the call and activated their cards. In the draw which involved over 100, 000 customers that activated their debit cards nationwide within the period of the promotion, a school teacher at Aba, Miss Lucy Uwaezu Udeogu emerged the lucky winner of the grand prize of a trip to Dubai.

Microsoft Supports 2019 Candle Career Conference

Microsoft Nigeria has partnered the Candle Career to organise...

Funnel Unveils e-Logistic Services in Nigeria

Funnel Logistics Technologies Limited, Nigeria’s pioneer e-logistics technology company...

NCDMB: 33 Engineers Begin Training in Pipeline Pigging, Corrosion Control

Thirty-three young graduates of engineering, geology and related disciplines...

Digitisation: Tackling Access to Finance for SMEs

By Michelle Knowles and Oladapo Adeigbe Access to finance remains...
spot_img

Related Articles

Popular Categories

spot_imgspot_img