Business
Data cost in Nigeria lowest in ECOWAS—ITU
The International Telecommunications Union (ITU) says Nigeria has the lowest data costs in West Africa. It said data costs in Nigeria were one of the lowest in Africa and the world generally. The international agency disclosed this in its recent Global System for Mobile Communications Association (GSMA) report. The report titled “The Role of Mobile Technology in Driving Digital Economy in Nigeria”, said Nigeria offered cost-effective connectivity services to data users nationwide with an average data cost of $0.38 for a gigabyte. The cost in Nigeria is a per cent of GNI (per capita. Its basic data-only package is the lowest in West Africa and well below the average across Africa,” ITU said.
It said data costs were lower in Nigeria averaging $0.59 per gigabyte when compared to other African countries such as Kenya, Ethiopia and South Africa. ITU said Ethiopia had an average of $0.68 per gigabyte and South Africa $1.77 per gigabyte. It said data rates in the United States of America averaged $6 a gigabyte.
-
News2 days agoBinance seeks out-of-court settlement with Nigeria over alleged tax evasion
-
Oil and Gas1 day agoNUPRC vows not to approve divestments that doesn’t meet considerations
-
Oil and Gas1 day agoIran eases Strait of Hormuz transit rules amid oil shock
-
Finance1 day agoCardoso seeks collaboration to check cross‑border financial risks
-
Stock Market2 days agoNGX market capitalisation settle at N128.84tn, cuts Zichis Agro-Allied share price by 50%
-
News2 days agoPower crisis blamed on gas shortages, sector debts
-
News2 days agoFG shortlists 65 student innovators for venture capital grant
-
Economy2 days agoFG urges PenCom board on governance, protection of pension assets
