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Revenue of internet service providers in Nigeria from 2019 to 2023 (in billion Nigerian naira)

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Source

Release date

December 2024

Region

Nigeria

Survey time period

2019 to 2023

Supplementary notes

Data were retrieved from different publications.
Conversion date on August 07, 2025. 
Figures have been rounded to provide a better understanding of the statistic.

Citation formats

Revenue of internet service providers in Nigeria 2019-2023

Published by
Petroc Taylor,
Aug 7, 2025

Internet service providers in Nigeria registered revenue amounting to nearly billion Nigerian naira (NGN) in 2023. This was equivalent to roughly **** million U.S. dollars. In the previous year, a higher revenue of around **** billion NGN was recorded, some **** million U.S. dollars. As of the first quarter of 2025, Spectranet Ltd. was the leading internet service provider in Nigeria in terms of active subscribers.

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