Internet service providers in Nigeria registered revenue amounting to nearly **** billion Nigerian naira (NGN) in 2022. This was equivalent to roughly *** million U.S. dollars. In the previous year, a lower revenue of around ** billion NGN was recorded, some ** 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.
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 July 12, 2025, 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 July 12, 2025. 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: July 12, 2025. 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 July 12, 2025)
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/
