Nigeria’s telecommunications sector is having its strongest run in years as Gross Home Product (GDP) contribution elevated by 21.49% in Q3, 2025. That is as total financial progress continued its rebound after years of gradual progress, based on the most recent information from the Nationwide Bureau of Statistics.
GDP grew by 3.98% (year-on-year) in actual phrases in Q3 2025, greater than the three.86% recorded within the third quarter of 2024 because the recalculation of measurable financial output (GDP rebasing) and financial reforms, such because the removing of gasoline subsidies and the free float of the naira, started to bear macro outcomes.
Agriculture (3.79%), business (3.77%), and companies (4.15%) all recorded the strongest progress, with companies, the place telecoms sit, making up 53.02% of GDP from 52.93% in 2024.
In nominal phrases, GDP hit ₦113.59 trillion ($78.42 billion), up 18.12% from a 12 months earlier. Telecoms contributed ₦7.47 trillion ($5.16 billion), accounting for six.58% of whole output. The sector has grown 21.49% from the ₦6.15 trillion ($4.25 billion) recorded within the earlier 12 months.
The telecoms sector’s rebound has been pushed by the 50% tariff hike carried out earlier this 12 months, rising information demand, and a extra predictable macro setting.
MTN Nigeria and Airtel earned ₦5.16 trillion ($3.56 billion) within the first 9 months of 2025. MTN swung from a ₦514.9 billion ($355.49 million) loss to a ₦750.2 billion ($517.94 million) revenue, whereas Airtel reported $376 million in income after FX features.
This turnaround is translating into broader financial advantages. As an illustration, telcos should pay extra tax in 2025, leading to further income for the nation. In 2024, Bosun Tijani, Minister of Communications, Innovation, and Digital Economic system, projected that the digital economic system might generate as much as $18.3 billion by 2026, hinting that the sector was able to revolutionising financial progress.
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