…. as industry’s contribution to GDP rises to 13.55% The Nigerian Communications Commission (NCC) has reported that Nigerian telecommunications industry’s domestic investment rose to 785,771,028,960.36 as at the end of December 2022. The just published ‘2022 Subscriber/Network Data Annual Report’ by the industry regulator showed that despite the huge investments to enhance their operations, the […]
The Nigerian Communications Commission (NCC) has reported that telecommunication mobile services subscriptions in the country declined by 0.4% to 225.8 million in March 2023 from the 226.8 million subscriptions recorded in the preceding month. The commission’s latest industry statistics indicated the huge drop in subscriptions rate in the month under review was due to about […]
The Nigerian Communications Commission (NCC), the telecoms industry regulator, has reported that in 2021 there was a drop in capital inflow (Foreign Direct Investment) into the Nigerian telecoms industry, decreasing from $942.863 million in 2020 to $417.481 million the following year. The Commission, in its ‘2021 Subscriber/Network Data Annual Report’ published on Friday, indicated that […]
Nigeria’s active mobile subscriptions across the four major mobile networks rose to 225.8 million in January this year, representing a 1.7% increase when compared with the 222 million active lines recorded in December 2022. The latest report by the Nigerian Communications Commission (NCC) showed that the growth in mobile subscriptions was spurred largely by MTN, […]
The Nigerian Communications Commission (NCC) has reported that Nigeria’s active subscriptions for telecommunications services across the four major mobile networks increases to 218.6 million in November 2022. The latest industry data released by the industry regulator indicated that the increase was largely driven by MTN, which recorded the highest gain of 3.1 million subscriptions in […]