Internet service providers in Nigeria registered revenue amounting to nearly 92.1 billion Nigerian naira (NGN) in 2022. This was equivalent to roughly 120 million U.S. dollars. In the previous year, a lower revenue of around 60 billion NGN was recorded, some 78 million U.S. dollars. As of the first quarter of 2022, Spectranet Ltd. was the leading internet service provider in Nigeria in terms of active subscribers.
Revenue of internet service providers in Nigeria from 2019 to 2022
(in billion Nigerian naira)
Data were retrieved from different publications.
Conversion date on August 18, 2023.
Figures have been rounded to provide a better understanding of the statistic.
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NCC (Nigeria). (August 16, 2023). Revenue of internet service providers in Nigeria from 2019 to 2022 (in billion Nigerian naira) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1328049/annual-revenue-of-internet-service-providers-in-nigeria/
NCC (Nigeria). "Revenue of internet service providers in Nigeria from 2019 to 2022 (in billion Nigerian naira)." Chart. August 16, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1328049/annual-revenue-of-internet-service-providers-in-nigeria/
NCC (Nigeria). (2023). Revenue of internet service providers in Nigeria from 2019 to 2022 (in billion Nigerian naira). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1328049/annual-revenue-of-internet-service-providers-in-nigeria/
NCC (Nigeria). "Revenue of Internet Service Providers in Nigeria from 2019 to 2022 (in Billion Nigerian Naira)." Statista, Statista Inc., 16 Aug 2023, https://www.statista.com/statistics/1328049/annual-revenue-of-internet-service-providers-in-nigeria/
NCC (Nigeria), Revenue of internet service providers in Nigeria from 2019 to 2022 (in billion Nigerian naira) Statista, https://www.statista.com/statistics/1328049/annual-revenue-of-internet-service-providers-in-nigeria/ (last visited December 22, 2024)
Revenue of internet service providers in Nigeria from 2019 to 2022 (in billion Nigerian naira) [Graph], NCC (Nigeria), August 16, 2023. [Online]. Available: https://www.statista.com/statistics/1328049/annual-revenue-of-internet-service-providers-in-nigeria/
