NigComSat Posts Threefold Revenue Jump Despite US$11.4m Chinese Debt Crisis

NewsGhana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/nigcomsat-posts-threefold-revenue-jump-despite-us11-4m-chinese-debt-crisis/Nigeria’s state-owned satellite operator has reported a sharp rise in earnings, even as an unresolved multimillion-dollar debt to its Chinese technical partner puts the country’s only working communications satellite under threat. The Nigerian Communications Satellite Limited (NigComSat) recorded revenue of approximately N2.2 billion (US$1.6 million) in 2025, up from N650 million (US$470,854) in 2024, according […] NewsGhana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/nigcomsat-posts-threefold-revenue-jump-despite-us11-4m-chinese-debt-crisis/


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