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HomeBusinessNigeria telecom industry registers 5.81% surge in active subscribers, says NBS report 

Nigeria telecom industry registers 5.81% surge in active subscribers, says NBS report 

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The National Bureau of Statistics (NBS) has released its latest report on the state of the telecommunications industry in Nigeria, revealing positive trends in both voice and internet subscriptions during the fourth quarter of 2023.

Voice Subscribers Show Incremental Growth:The NBS report indicates a steady increase in active voice subscribers, reaching a total of 224,713,710 in Q4 2023.

This represents 0.96% growth from the corresponding quarter in 2022. On a quarter-on-quarter basis, the numbers rose by 1.32%, demonstrating a consistent upward trajectory in voice service adoption.

Surge in Internet Subscribers:In the realm of internet services, Nigeria experienced a substantial surge in active subscribers.

The total number of active internet subscribers in Q4 2023 reached 163,838,439, reflecting a remarkable 5.81% increase from Q4 2022. The quarter-on-quarter growth stands at 2.29%, underscoring the sustained demand for internet connectivity.

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State-wise Analysis:Lagos State emerged as the telecommunications hub, boasting the highest number of active voice subscribers in Q4 2023, totaling 26,739,346. Ogun and Kano followed closely with 13,070,779 and 12,325,633 subscribers, respectively.

Conversely, Bayelsa reported the lowest number of active voice subscribers at 1,557,786, with Zamfara and Gombe not far behind.

In the realm of internet subscriptions, Lagos State maintained its lead with 18,927,446 active users. Ogun and Kano also demonstrated robust figures, with 9,570,463 and 9,031,581 subscribers, respectively.

Bayelsa, yet again, reported the lowest number of active internet subscribers at 1,193,525, accompanied by Zamfara and Gombe with 1,959,252 and 2,100,073 users, respectively.

MTN Retains Dominance:In a not-so-surprising revelation, MTN upheld its position as the telecommunication service provider with the highest share of subscriptions in Q4 2023.

The report affirms MTN’s continued influence and market presence in the Nigerian telecom sector.
As the telecommunications landscape in Nigeria continues to evolve, these numbers suggest a resilient and expanding market, with both voice and internet services playing pivotal roles in driving connectivity across the nation.

The data further underscores the significance of strategic partnerships and investments to meet the growing demands of a digitally connected populace.

(Edited by Oludare Mayowa; omayowa@globalfinancialdigest.com; Newsroom: +234 8033 964 138)

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