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

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...

Regency Alliance Insurance Launches N7bn Private Placement

Regency Alliance Insurance Plc has officially launched a private...

Nigeria’s Private Sector Launches Gender Country Program to Unlock Inclusive Growth

Senior government officials, regulators, development finance institutions and business...

SERAP Sues INEC over ‘Failure to Probe Alleged N800bn FAAC Diversion for Campaign Funding’

Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit...

Topics

Leadway Group Launches ‘Lead Forward’ Initiative to Deepen Financial Literacy Among NYSC Corps Members 

Leadway Group, Nigeria's non-banking financial services group, has unveiled...

NNPC Launches Vision First Programme in Ilaje Community, Lagos

The NNPC Limited has flagged off the third edition...

NAICOM Commends Passage of Insurance Reform Bill

The National Insurance Commission (NAICOM) welcomes the passage of...

NGE Mourns its Deputy President, Saidu Wada

The Nigerian Guild of Editors (NGE) is devastated at...

5 Reasons You Should Look Out for FirstBank At Social Media Week 2018

First Bank of Nigeria Limited has announced its sponsorship...

N3.6b Scam: Prosecution Applies for Summons, Defendant Absent

Following the failure of Michael Ukiye Diongoli and UK...

University of Retirement: Meet Members of Faculty for 2025 Inspenonline Retirement Summit

Former Commissioner for Insurance/Director FBS Reinsurance Limited, Fola Daniel,...

LASAA Reaffirms Commitment to Fairness, Safety, Industry Growth

Prince Fatiu Akiolu MD, LASAA Lagos State Signage and Advertisement Agency...
spot_img

Related Articles

Popular Categories

spot_imgspot_img