Sunday, February 23, 2025
30.4 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

LASAA Addresses Community Concerns over Billboard Safety at Abati Barrack

The Lagos State Signage and Advertisement Agency (LASAA) is...

AIICO Celebrates Outstanding Agency Field Force at 2025 Annual Awards Night

Left - Right: Mr. Adewale Kadri (Executive Director, Technical),...

Is the CBN Pushing Nigerians Back into the Banking Halls? 

By Elvis Eromosele  Public institutions in Nigeria have a knack...

Fidelity Bank Enhances Educational Facilities in Benin, Abuja

Fidelity Bank Plc, a leading financial institution, has once...

NCDMB Chief Visits Samsung, Africoat, Insists on Patronage of Local Facilities

The Executive Secretary, Nigerian Content Development and Monitoring Board...

Topics

Simba TVS Storms Enugu Int Trade Fair with Latest Mobility Solutions 

Simba TVS, leading mobility solutions provider, is creating a...

Dell Expands UltraSharp Monitor for Innovation, Transformation

As a new generation floods the job market, there...

Investors Lost N124.2bn as Stock Market Tumbles

It was a sad day yesterday on the floor...

NSE Downgrades E-Tranzact from Medium to Low Stock

The Nigerian Stock Exchange (The NSE ), hereby announces...

Emirates Fetes Young Nigerians on Children’s Day

Emirates, the world’s fastest growing airline, has demonstrated its...

Quickteller: The Art of Endless Possibilities!

(L-R) Emeka Awagu, Head, Digital Commerce, Quickteller; Adedeji Layade,...

Sovereign Trust Insurance Pioneer Chairman, Ephraim Faloughi Bags Honorary Doctorate Degree

L-R: Bisola Asaju, AGM/Head, General Internal Services, Segun Bankole,...

Adeosun: DBN Will Catalyse Growth of SMEs in Nigeria

The Minister of Finance, Mrs. Kemi Adeosun has stated...
spot_img

Related Articles

Popular Categories

spot_imgspot_img