Telecom Operators’ OPEX Soars by 85% to ₦5.85 Trillion

Nigeria’s telecommunications sector recorded a massive jump in operating expenses (OPEX), as industry operating costs surged to ₦5.85 trillion in 2024 — the highest on record. This represents an 85 percent increase compared with the ₦3.16 trillion reported in 2023. Analysis by the Nigerian Communications Commission (NCC) shows that several key cost drivers contributed to

Read More