Telecom operators in Nigeria are raking in record revenues from data services as mobile internet consumption surges across the country, driven by a youthful, mobile-first population.
Latest financial results from MTN Nigeria and Airtel Nigeria show that data now accounts for a significant share of their earnings, with both companies reporting double-digit growth in data revenue for the second quarter of 2025.
In Q2 2025, MTN Nigeria’s data revenue jumped by 85.6% to N701 billion from N377 billion recorded in the same period last year.