Thursday, December 11, 2025
29.6 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, 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)...

NIPR Postpones Annual PRICE Awards to Jan 25, 2026

The Nigerian Institute of Public Relations (NIPR) has deferred...

FSI Marks 6 Years of Driving Innovation, Talent Development, Startup Growth Across Africa

Financial Services Innovators (FSI) has marked its sixth anniversary,...

Sterling Bank Partners Pan Atlantic Varsity’s EDC to Certify Non-Oil Export Academy Graduates

L-R: Kola Oluyemi, Group Head, Sterling Academy; Dr. Nneka Okekearu,...

Topics

Profit Taking Reverses Bullish Run… ASI Down 27bps

Yesterday, profit taking in NIGERIAN BREWERIES (-3.2%), UBN (-9.5%) and OKOMUOIL (-9.0%) dragged the benchmark index...

Obabori of RedStar Express Wins Courier Personality Award

Group Managing Director and Chief Executive Officer of Red...

NSE, Nasdaq Sign MoU on Technology

L- R shows Oscar N. Onyema, Chief Executive Officer,...

NAICOM, NDPC to Partner on Data Protection

The Commissioner for Insurance/CEO NAICOM Mr. Olusegun Ayo Omosehin...

Repton CEO Offers Career Success Tips at Lagos Career Fair

L-R: Mr Olapado Akinloye, Host/Executive Director, FasTrack Academy presenting...

N5tr Recovery Possible if AMCON Unleash Full Powers – Legal Experts

Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria...

NASARAWA Entrepreneurs Summit Hold July 20

Determined to open windows of opportunities’ for budding entrepreneurs...

Fidelity Bank Uplifts Old People’s Home with Essential Items Donation

L-R: Member, Nexus 2025 Inductee Class, Grace Bamigboje; Caregiver,...
spot_img

Related Articles

Popular Categories

spot_imgspot_img