FX RATES
FX RATES

FCT, Lagos, 3 other states gain highest internet subscribers in 2020

Lagos, Kano, Oyo, FCT, and Ogun state recorded a total increase of 8.96 million new internet subscribers between 2019 and 2020. This is according to the Q4 2020 telecoms report by the National Bureau of Statistics (NBS).

The report also showed that the number of internet subscribers increased from 126.1 million as of Q4 2019 to 154.3 million in Q4 2020, representing a 22.38% increase.

These numbers support the realities of 2020 when corporations were forced to adopt remote working due to the COVID-19 induced lockdown and companies striving to be COVID-19 compliant even after the lockdown.  

It is worthy of note that during the year, the largest increase (10.12 million subscribers) in the number of internet subscribers was recorded between Q4 2019 and Q1 2020. Information gathered from NCC showed that the highest increase of 3.18% was seen between February 2020 and March 2020 which can be easily traced to the effect of the lockdown. 

 

Adopted from Nairametrics

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