Telcos challenge NBS capital inflow report, call for upgraded investment framework

By Favour Unukaso TELECOMMUNICATIONs operators have praised the Federal Government for its continued support of the industry but called for a more comprehensive framework to track and report investments coming into the sector. Under the aegis, Association of Licensed Telecom Operators of Nigeria (ALTON), the players highlighted the importance of accurate data in shaping... Read More

Telecoms contribution to GDP hits 16% as broadband penetration nears 50%

By Favour Unukaso THE telecommunications sector’s contribution to the nation’s Gross Domestic Product (GDP) has increased significantly to 16 per cent in the second quarter of 2023, according to the data reported by the Nigerian Communications Commission (NCC) based on the computation by the Nigeria Bureau of Statistics (NBS). The Executive Vice Chairman of... Read More

ICT sector’s contribution to GDP hits 18.44%

By Favour Unukaso THE Minister of Communications and Digital Economy, Prof. Isa Pantami, is excited to hear of the remarkable contribution of the Information and Communications Technology (ICT) sector to Nigeria’s Gross Domestic Product (GDP) in the second quarter of 2022 (Q2 2022). The National Bureau of Statistics (NBS) stated this in the ‘Nigeria’s... Read More