Data Shows ICT Sector Gains Ground Over 2023, Despite Quarterly Decline

Data Shows ICT Sector Gains Ground Over 2023, Despite Quarterly Decline …C0NTINUE READING HERE >>>

The Information and Communications Technology (ICT) sector in Nigeria has demonstrated resilience in Q3 2024, contributing 16.35 percent to the nation’s real Gross Domestic Product (GDP).
While this is a decline from the 19.78 percent recorded in the previous quarter, it marks an improvement over the 15.97 percent contribution seen in Q3 2023, according to data from the National Bureau of Statistics (NBS).

A significant driver of ICT growth is the telecommunications subsector,…

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