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

NAICOM Tasks Directors on Corporate Governance, Performance Post-Recapitalisation

It is my distinct honour to welcome you to...

NAICOM Tasks Directors on Corporate Governance, Performance Post-Recapitalisation

It is my distinct honour to welcome you to...

Polaris Bank Strengthens Cancer Advocacy Through Sustained Community Impact

L-R: Olabisi Oladiran, Founder WinCancer Foundation; Rasheed Bolarinwa, Head,...

Green Energy Financing Helps Nigerian SMEs Cut Power Costs and Boost Productivity

Nigeria’s energy sector is entering a period of significant...

Leadway Earns Commendation from SMEs as 100 Businesses Enjoy Free Exhibition at Lifestyle Fair

Small and medium-sized enterprises (SMEs) have commended Leadway Group,...

Topics

Stanbic IBTC: ‘Youths Need Strategic Engagement, Empowerment for Productivity’

Determined to further strengthen the strategic position...

Linkage Assurance Plc Raises N16.2bn from Rights Issue Towards Recapitalisation

Linkage Assurance Plc announces the successful completion of its...

Dufil Prima Foods Strengthens Primary Health Care with Donation of Medical Equipment

L-R: Assistant Medical Officer of Health, Rauf Aregbesola Primary...

USPF Donates Emerging Tech Centre to Ogun State Institute of Technology

The Universal Service Provision Fund (USPF) of the Nigerian...

CIIN: 7 Fellows, 245 Associates Inducted, 10 Graduands from Cameroon, Rwanda, The Gambia

Mrs. Joyce Odiachi, Head, Technical Division, Fin Insurance Limited...

1bn Passengers to Fly on Sustainable Aviation Fuel Flights by 2025

The International Air transport Association (IATA) set out an...

MTN Withdraws Suit Against NCC over N780bn Fine

MTN Nigeria says it has withdrawn the suit it...
spot_img

Related Articles

Popular Categories

spot_imgspot_img