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

Stanbic IBTC Pension Managers Champions Flexible Pension Solutions to Deepen Inclusion

Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC...

Train 7 Hits 90% Completion, Generates 16,000 Jobs as NCDMB, NLNG Advance Local Content

The leadership of the Nigerian Content Development and Monitoring...

NCDMB to Launch Oil and Gas Trainers Certification

The Nigerian Content Development and Monitoring Board (NCDMB) is...

World Yeye Adesola Odeyeyiwa Day: Celebrating a Woman of Great Industry and Elegance

      By Goke Ilesanmi It is another WORLD YEYE ADESOLA ODEYEYIWA...

Topics

PenCom: Commitment to Ethical Conduct, Business Practices

One of the major achievements of the Pension Reform...

Sterling Bank: N133bn Earning Caps Impressive 2017 Performance

Sterling Bank Plc released its FY-2017 results, which...

Funnel Unveils e-Logistic Services in Nigeria

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

State Police and the Questions Nigeria Can No Longer Avoid

By Tosin Osasona Nigeria’s post-1999 democratic era has coincided with...

Kaspersky Offers Free Security for Medical Firms over COVID-19

  Kaspersky announces free availability of its core endpoint security...

TotalEnergies, Air France-KLM Sign MoU for 10-Year Supply of Aviation Fuel

TotalEnergies and Air France-KLM have signed a Memorandum of...

E/Guinea Launches 2016 Oil, Gas Licensing Round

Equatorial Guinea’s Ministry of Mines, Industry and Energy (MMIE)...

Tier-1 Banks Sell-off Halts Benchmark Index’s Bull Run… NSE ASI Down 44bps

The Nigerian bourse halted its 5 session bullish streak...
spot_img

Related Articles

Popular Categories

spot_imgspot_img