Saturday, May 16, 2026
25 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

CIG Motors: Pay ₦3m For a Brand New Car in May Splash Promo on Electric, Petrol Vehicles

New campaign introduces EasyPay auto-financing, major discounts and nationwide...

Understanding Why Corporates Need Credit Rating

In today’s dynamic financial landscape, silence leaves room for...

Distinguished Industry Veteran, Olusola Teniola, to Chair NDSF 2026

The organising committee of the 2026 Nigeria DigitalSENSE Forum...

The Nigeria Prize for Science & Innovation Hits New Peak as 2026 Edition Attracts 237 Entries

The 2026 edition of The Nigeria Prize for Science...

Heirs Insurance Group Named among Africa’s Fastest-Growing Companies in Financial Times Ranking

Heirs Insurance Group has achieved a landmark double recognition,...

Topics

Nigeria Ranks 64 on Global Pension Indicator

  Today, Allianz unveiled the first edition of its “Global...

Consolidated Hallmark Seeks N500m to Acquire Life Insurer

Consolidated Hallmark Insurance Plc (CHI) is seeking N500 million...

Lagos-Calabar Coastal Highway: A Catalyst for Nigeria’s Blue Economy

By Moses Braimah The Lagos-Calabar Coastal Highway represents an economic...

Study: 61 US Cities’ Retirement Systems Face $217bn Gap

Sixty-one key cities across America have emerged from the...

Interswitch Partners Adamawa State to Digitise Payment Collections via Paydirect Platform

Africa’s leading integrated payments and digital commerce company, Interswitch,...
spot_img

Related Articles

Popular Categories

spot_imgspot_img