Categories: Telecommunications

Nigeria’s Data Consumption Jumps 413.79%

Data consumption in Africa’s largest economy Nigeria rose by 413.79% in the last four years, according to the latest data from the Nigerian Communications Commission (NCC).

In the last four years, Nigeria’s internet population grew by 41.38 million while Nigeria’s internet data usage increased to 350,165.39 terabytes in 2021, up from 68,154.12 terabytes in 2018.

During the period under review, broadband penetration rose to 40.88% or 38.12 million users in 2021 from 19.97% or 78.04 million users in January 2018.

NCC data showed GSM internet subscribers grew by 41.39 million from 100.23 million in 2018 to 141.62 million in 2021.

This, experts attributed to growing smartphone penetration and more access to data in Africa’s largest economy.

“Smartphone penetration was up by one percentage point to 33 per cent and our data customer base grew by 14.5 per cent, now representing 34.3 per cent of our total customer base,” Airtel stated in a report.

“Data usage per customer reached 2.6 GB per customer (from 1.8 GB per customer) led by an increase in smartphone penetration and expansion of our home broadband and enterprise customers.

“This helped us grow data revenue 31.2 per cent in constant currency. Growing penetration and usage of 3G and 4G data customers helped us grow data ARPU 8.2 per cent. Fourth Generation data usage more than doubled in the year, contributing 62.2 per cent of total data usage on the network in Q4’21.”

The telecommunication giant further added that “Our improved 4G network contributed to an increase in smartphone penetration, in data customers and in up-take of large data volumes, resulting in greater data consumption per customer.”

Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

Share
Published by
Samed Olukoya

Recent Posts

FBN Holdings To Invest N103.1bn In Corporate, Retail Businesses

As part of means of actualizing its expectation of raising N150 billion from its existing…

14 hours ago

Agric Industries Take Interest In Unlocking Nigeria’s $10bn Palm Oil Export Potential

Some agric-focused industries and firms have indicated interest in enhancing Nigeria's agricultural productivity and competitiveness…

14 hours ago

Jumia Nigeria Launches Black Friday Offers, Extends Services To Smaller Towns, Villages

Jumia Nigeria has launched its Black Friday deals and offers as consumers in smaller towns…

15 hours ago

Shares Reconstruction: Transcorp Lists Newly Reconstructed 10,161,997,574 Units of Ordinary Shares

Transnational Corporation Plc (Transcorp) has delisted 40,647,990,293 shares from the Nigerian Exchange Limited on Monday…

20 hours ago

Transcorp Gains 314.03% Last Week Despite NGX Closing the Red

Transnational Corporation Plc (Transcorp), Nigeria's largest listed conglomerate, gained N34.70 or 313.03% a share last…

20 hours ago

Nigerian Businesses Face Tougher Times as PMI Drops to 19 Months Low of 46.9

Nigerian businesses continued to face headwinds as the Purchasing Managers Index published by Stanbic IBTC…

21 hours ago