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Wednesday, October 30, 2024

Nigerian internet usage falls, 64.3 million lines deactivated amid worsening economic hardship

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Nigeria’s internet use has significantly decreased as a result of the country’s recent economic difficulties; 64.3 million lines were disconnected as a result of a verification process connected to NIDs.

With overall data usage dropping to 850,249.09 terabytes in September, this is the first decrease in data consumption since February 2024.

Globacom and 9mobile, two major carriers, suffered severe losses; Globacom’s subscriber base fell from 62.1 million to 19.1 million, while 9mobile’s fell from 11.6 million to 3.6 million.

As of September 2024, there are 154.6 million active subscribers in the sector, compared to 219 million in March.

MTN lost 3.7 million subscribers during the verification process, but it still held the top spot in the market with 78 million active subscriptions.

Second-ranked Airtel had 53.7 million subscriptions at the end of September, down from 63.3 million in March—a 9.6 million drop in only six months.

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