NGN
Exchange rates:
nairas (NGN) per US dollar - 127.46 (2007), 127.38 (2006), 132.59 (2005), 132.89 (2004), 129.22 (2003)
Communications
Nigeria
Telephones - main lines in use:
1.58 million (2007)
Telephones - mobile cellular:
40.395 million (2007)
Telephone system:
general assessment: further expansion and modernization of the fixed-line telephone network is needed domestic: the addition of a second fixed-line provider in 2002 resulted in faster growth but subscribership remains only about 1 per 100 persons; wireless telephony has grown rapidly, in part responding to the shortcomings of the fixed-line network; multiple service providers operate nationally; mobile-cellular teledensity reached 30 per 100 persons in 2007 international: country code - 234; landing point for the SAT-3/WASC fiber-optic submarine cable that provides connectivity to Europe and Asia; satellite earth stations - 3 Intelsat (2 Atlantic Ocean and 1 Indian Ocean) (2007)