Business
Telecoms: Nigeria’s Data Usage Rises By 202% In Three Years
Data usage in Nigeria surged by 202.08 per cent in three years, according to data from the Nigerian Communications Commission (NCC).
According to the subscriber/network data reports of 2018, 2019, and 2020, data usage rose from 68,154.12 terabytes in 2018 to 125,149.86TB in 2019 and 205,880.4TB in 2020.
The total national and local outgoing voice calls were 121,935,927,123.15 in 2018. The calls grew to 149,584,465,210 in 2019 to 150,825,830,687.40.
According to the NCC, in 2018, broadband penetration figures stood at 31.48 per cent. The total active 3G connections were 47,325,726 while 4G connections were 12,761,473 subscriptions.
In 2019, broadband penetration grew to 37.80 per cent, with the total active 3G connections growing to 50,441,608 while 4G grew to 21,712,216.
In 2020, broadband penetration stood at 45.02 per cent, with the total active 3G connection falling to 49,402,994, while 4G grew to 36,538,228.
In the period under review, GSM internet subscribers grew by 53,639,503 from 100,234,283 in January 2018 to 153,873,786 in December 2020.
MTN had the largest market share. In 2018, it had an internet subscriber base of 37,201,086, which grew to 59,594,891 in December 2020.
In 2018, MTN made N164.79bn from data, and N674.78bn from voice. Its data revenue rose from N218.69bn in 2019 to N332.37bn in 2020 while voice revenue increased from N723.92bn to N766.39bn.
The NCC attributed the increase in data usage in 2020 to the outbreak of the Covid-19 pandemic, saying the pandemic disrupted normal activities and most functions had to pivot to virtual forms.
Former MTN Nigeria’s Chief Executive Officer, Ferdi Moolman, had said, “The year 2020 was challenging for all. The unprecedented disruption that the Covid-19 pandemic caused the businesses and people we serve, challenged us in new and demanding ways.
“The impact continues to evolve. Adoption of our data and digital services accelerated as lockdowns and gathering restrictions were imposed, and work-from-home became the norm for many.”
Commenting on the increase in data traffic, Airtel had in a report said: “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.
“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.
“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.
Credit to Nigeria’s private sector rose to N83.26 trillion in June 2026 from N81.04 trillion in May, signifying a positive balance of N2.22 trillion month-on-month.
Year-on-year, the figure represents a nine per cent increase compared with the N76.13 trillion recorded in June 2025. The latest figures come as the CBN continues to balance efforts to control inflation with the need to support economic growth and expand credit to businesses.
The CBN data shows that credit to Nigeria’s private sector increased by approximately 2.74 per cent month-on-month between May and June 2026. Also, the CBN data noted that credit to the government fell slightly to N40.03 trillion from N40.38 trillion. Other assets, net, dropped to N10.76 trillion from N12.63 trillion.
The credit surge signifies sustained growth in lending to businesses and other private-sector borrowers during the month. The rise in private sector credit was recorded alongside an increase in net domestic credit, despite declines in credit to government and other assets.
Further analysis of the report says that compared with June 2025, private sector credit rose by about N7.13 trillion yea-on-year but net domestic credit increased by approximately N1.87 trillion during the month.
The CBN’s relatively tight monetary policy stance notwithstanding, more banks still loaded funds to the private sector within the period. The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held its 306th meeting on July 20 and 21.
The Committee reviewed recent developments in the global and domestic economies, assessed emerging risks to the outlook and considered their implications for monetary policy and retained all rates.
The Committee decided to retain the Monetary Policy Rate at 26.5 per cent; the Standing Facilities Corridor around the MPR at +50/-450 basis points and retain the Cash Reserve Requirement (CRR) for Deposit Money Banks at 45.00 per cent, Merchant Banks at 16.00 per cent, and non-TSA public sector deposits at 75.00 per cent.
The MPC decision means that credit extension in the private sector will likely continue to rise because of rising confidence in the sector and calls by stakeholders for banks to invest in the private scetor instead of government securities.
