Sunday, December 14, 2025
25.6 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

FG to Empower Businesses with N1.4tn in 2026 via Tax Reform

Mr. Taiwo Oyedele, Chairman of the Presidential Committee on...

NCC Promises Seamless Quality of Service Despite Challenges in Abuja

The Nigerian Communications Commission (NCC) acknowledges the Quality of...

Stanbic IBTC FUZE Festival Returns with The Ultimate Show on Saturday, Dec 20

Stanbic IBTC, a member of Standard Bank Group, has...

FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

The Federal Government has inaugurated the National Tax Policy...

NGX Expands Market Offerings with Introduction of Commercial Paper Listings

Nigerian Exchange Limited (NGX) has introduced Commercial Paper (CP)...

Topics

Sterling Bank: N175bn Gross Earnings, N21bn Profit, 15kobo Dividend in 2022

The shareholders of one of Africa's fastest growing companies,...

World Bank: 573m People in sub-Saharan Africa Lack Electricity

Despite significant progress in recent years, the world is...

Without Justice, No Future for Nigeria, says Rescue Nigeria Forum

            A "People's Discussion" organised by the Initiative for Good...

‘NCC Not Disqualifying Nigerians Below 18 From Getting SIM’

The Nigerian Communications Commission (NCC) would like to draw...

UNDP, Imo, Abia States Unveil N400m Economic Program to Support 11,000 Residents

As part of efforts to support communities deeply affected...

Sovereign Trust Insurance CEO, Soyinka, Salutes Nigerian Workers on May Day

As the world marks this year’s edition of Workers’...

Osinbajo Pledges Slots for Editors on NIPSS Course

The Nigerian Guild of Editors (NGE), the umbrella professional organisation...

Africa’s Growth Slows but Long-term Potential Remains Strong

Six years ago when the McKinsey Global Institute first...
spot_img

Related Articles

Popular Categories

spot_imgspot_img