President Bola Tinubu has signed four Executive Orders, including the suspension of the five per cent Excise Tax on telecommunication services and the escalation of Excise Duties on locally manufactured products. The Finance Act (Effective Date Variation) Order defers the … Continue reading President Tinubu signs executive orders, suspends 5% excise tax on telecoms and more
According to the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, total investments in the country’s telecommunications sector reached $75.6 billion by the end of 2021. This figure encompasses both foreign direct investment and local investment. … Continue reading Telecoms investments soar to $76 billion as 5G subscriptions surpass 60,000 – NCC
According to recent statistics released by the National Bureau of Statistics (NBS), the telecommunications and information services sector in Nigeria made a significant contribution of N2.508 trillion to the country’s Gross Domestic Product (GDP) in the first quarter of 2023. … Continue reading Telecoms sector contributes N2.5 trillion to Nigeria’s GDP in Q1 2023, says national bureau of statistics
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