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Nigeria’s Telecom Sector: A Growing Engine for Economic Growth

Nigeria’s telecommunications sector continues to demonstrate remarkable strength, solidifying its position as a key driver of the nation’s economic progress. According to recent data released by the National Bureau of Statistics (NBS), the sector’s contribution to Nigeria’s Gross Domestic Product (GDP) climbed to 9.1% during the third quarter of 2025. This represents a slight increase from the 8.95% recorded in the corresponding period of 2024, highlighting the sector’s resilience and sustained growth. The telecom industry, a leader within the broader information and communication technology (ICT) domain, played a pivotal role in the overall economy’s nearly 4% growth during the same timeframe.

Driving Growth: Mobile Data and Broadband Demand

The primary catalyst for this upward trajectory is the escalating demand for mobile data and broadband services across Nigeria. The telecom sector’s steady GDP contribution underscores its significance as a major non-oil contributor to the national economy. In the third quarter of 2025, the industry accounted for approximately N4.4 trillion of the real GDP. This figure represents an impressive 84.5% of the total ICT sector’s contribution, which amounted to around N5.2 trillion. The figures underscore the pivotal role the telecom sector plays in powering digital transformation and economic expansion within the African tech landscape.

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