RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home Economy

Nigerian Voice Subscriber Data Shows a 2.4% Decline in Seven Months

Bolarinwa Mathew by Bolarinwa Mathew
September 11, 2023
in Economy, Tech News, Technology, telecommunication
Reading Time: 2 mins read
A A
0
Nigerian Voice Subscriber Data Shows a 2.4% Decline in Seven Months
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

In a recent report released by the National Communication Commission (NCC), it has been revealed that Nigerian voice subscriber numbers have seen a significant decline of 2.4% over the past seven months. The report indicates that by the end of July, telecom service providers had witnessed a drop of approximately 6 million voice subscribers, reflecting the challenging economic conditions faced by the nation during this period.

At the beginning of the year, in January, there were a total of 226.2 million telephone subscribers in Nigeria. However, by July, this number had dwindled to 220 million, representing a notable decrease of 6 million subscribers. This decline underscores the economic hardships faced by Nigerians throughout the year.

AlsoRead

Lagos Ports Handle 84.6% of Nigeria’s N41.44 Trillion Merchandise Trade in Q2

FG Raises N728.98 Billion Bond to Clear Power Generators’ Debts

CBN Warns Banks and Fintechs That One Weak Link Can Destabilise the Entire System

A more detailed breakdown of the report reveals that at the close of 2022, there were 222.5 million subscribers. By January 2023, this number had increased by 3.6 million, reaching 226.2 million subscribers. February saw a slight increase to 227.1 million. However, in March, there was a drop to 226.2 million, with around 1.5 million Subscriber Identification Module (SIM) cards becoming inactive. This downward trend continued into April, with the number decreasing to 223.7 million, further dropping to 221 million in May, and eventually reaching 220 million in June.

This decline also negatively impacted the country’s teledensity, which fell from 118.5% in January to 115.7% in July. Teledensity measures the number of telephone connections per 100 people in a specific geographic area, often used to assess the level of access to voice and data communication services.

Breaking down the data further, it was revealed that MTN Nigeria experienced the most significant loss in voice subscribers, with a decrease of 6 million during the review period. Airtel also reported a decline, going from 60.5 million to 60 million subscribers, representing a loss of 500,000 active subscribers from January to July.

On a positive note, Globacom and 9mobile both saw growth in their telephony services during this period. Globacom attributed its growth to recharge bonuses and incentives, gaining 1 million users, while 9mobile increased its user base by 700,000 during the seven-month period.

In the July edition of Nigerian telecommunication subscription statistics, broadband penetration decreased from 48.21% in January to 47.01%. Approximately 2.2 million customers in this sub-sector did not utilize broadband services during the review period, with the number dropping from 92 million users in January to 89.7 million by the end of July.

In contrast, internet users on the narrowband (GSM) platform increased by 3 million, with operators witnessing a rise from 155 million users in January to 158 million by July.

Tags: #Nigeria9mobileAirtelBroadband PenetrationEconomic HardshipGlobacomInternet UsersMTN NigeriaNational Communication CommissionSIM CardsSubscriber Datatelecom industryTelecom Service ProvidersTelecommunicationsVoice Subscribers
Previous Post

Sugar Price Hits N835,400 per ton.

Next Post

Coinbase Debuts Crypto Lending Platform Aimed at U.S. Institutional Investors.

Related News

Naira Depreciation Forces Imports Down By 65% in Q3, 2023

Lagos Ports Handle 84.6% of Nigeria’s N41.44 Trillion Merchandise Trade in Q2

by Stephen Akudike
September 15, 2026
0

Lagos ports processed an estimated N35.07 trillion, or about 84.6 per cent, of Nigeria’s N41.44 trillion total merchandise trade in...

Nigeria Exports Electricity Worth N23bn as Local Consumers Suffer Outages.

FG Raises N728.98 Billion Bond to Clear Power Generators’ Debts

by Jide Omodele
September 15, 2026
0

The Federal Government has raised N728.979 billion through the second issuance under its N4 trillion Power Sector Multi-Instrument Issuance Programme,...

Investment Bankers Applaud CBN Reforms Amidst Challenges, Embrace Growth Opportunities

CBN Warns Banks and Fintechs That One Weak Link Can Destabilise the Entire System

by Akpan Edidong
September 14, 2026
0

The Central Bank of Nigeria has urged banks, fintechs and other financial institutions to treat cybersecurity and third-party technology risks...

Nigeria’s Stock Market Records N1.81 Trillion Gain in July.

Foreign Investors Withdraw Net N266.07 Billion from Nigerian Equities

by Jide Omodele
September 14, 2026
0

Foreign portfolio investors recorded a net outflow of N266.07 billion from the Nigerian equities market in the first seven months...

Next Post
Coinbase Debuts Crypto Lending Platform Aimed at U.S. Institutional Investors.

Coinbase Debuts Crypto Lending Platform Aimed at U.S. Institutional Investors.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Naira Depreciation Forces Imports Down By 65% in Q3, 2023

Lagos Ports Handle 84.6% of Nigeria’s N41.44 Trillion Merchandise Trade in Q2

September 15, 2026
Nigeria Exports Electricity Worth N23bn as Local Consumers Suffer Outages.

FG Raises N728.98 Billion Bond to Clear Power Generators’ Debts

September 15, 2026

Popular Story

  • NGX Appoints an Advisory Panel on Digital Technology Products.

    Rabiu and Dangote Hold Three-Quarters of $37.7 Billion in NGX Wealth Among Top Investors

    0 shares
    Share 0 Tweet 0
  • Nigeria’s Current Account Surplus Jumps 256% to $4.98 Billion in Q1 2026

    0 shares
    Share 0 Tweet 0
  • Dangote Refinery IPO Draws N1.5 Trillion in Six Hours as Bamboo and Cowrywise Apps Struggle

    0 shares
    Share 0 Tweet 0
  • The best places in the world to do business

    0 shares
    Share 0 Tweet 0
  • Nanotechnology and Covid 19

    0 shares
    Share 0 Tweet 0

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>