Nigeria’s digital trade gap hits $95bn as imports dwarf exports 10-to-1

    Royal Ibeh | Editor’s picks | Nov 12, 2025    
Get Unlimited Access
Subscribe to unlock this article

Complete digital access to quality journalism on any device. Cancel anytime during your trial.

Once registered, you can:

  • Read this article and many more, including access to epapers and research
  • Enjoy customize article feed/recommendation based on your profile
  • Enjoy access to Businessday exclusive events
  • One-Access accross Businessday platforms

Share this article
Shared
3306
times

Nigeria’s telecommunications operators saw operating expenses balloon to a record N5.85 trillion ($3.6 billion) in 2024, an 85 percent surge from N3.16 trillion the previous year, as exorbitant state-level right-of-way fees compounded pressures from inflation, currency devaluation and soaring energy costs, according to data released by the Nigerian Communications Commission (NCC).

Continue reading your article with a
BusinessDay subscription





Already a subscriber?
Sign In
RECOMMENDED STORIES
support_agent