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Telecom investments fall by 61% to $111m, says NBS
« on: January 01, 2024, 07:04:27 AM »
Telecom investments fall by 61% to $111m, says NBS

Investment in the telecommunications sector dropped to $111.91m in the first three quarters of 2023, down 61.22 per cent from $288.55m in the same period of 2022, according to the National Bureau of Statistics. This coincides with a dry period for foreign investments in Nigeria, as total foreign investments into the country fell by 33.99


 
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Source: Telecom investments fall by 61% to $111m, says NBS

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