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General

Telecom, information sector contributes over 12% of Nigerian GDP in Q4

Tuesday 23 February 2021 | 11:03 CET | News
Nigeria's telecommunications industry helped lift the country out of recession in the fourth quarter of 2020, contributing 12.45 percent to Gross Domestic Product (GDP). According to the latest data released by the National Bureau of Statistics (NBS), telecommunications and information services grew by 17.64 percent in Q4 2020, up from 17.36 percent in Q3 2020 and 10.26 percent in Q4 2019.

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Categories: General
Companies: NCC
Countries: Nigeria
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