Business A.M
No Result
View All Result
Thursday, February 19, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Technology

Nigeria’s telecom sector registered 306.7m subscribers in 2023

by Admin
January 21, 2026
in Technology

Joy Agwunobi

By the end of 2023, mobile network operators (MNOs) in Nigeria had registered over 306.7 million subscribers under the mandatory SIM card registration scheme, according to the Nigerian Communications Commission (NCC).

This record highlights the telecommunications sector’s consistent growth, driven by regulatory reforms, increased investments, and the adoption of advanced technologies since the industry’s liberalisation.

The NCC’s 2023 year-end performance report detailed that MNOs registered a total of 306,725,380 subscribers across the country, adhering to the commission’s SIM card registration mandate. The comprehensive report provides valuable insights into the performance of Nigeria’s telecommunications sector in 2023, highlighting growth areas, challenges, and market dynamics.

The breakdown of this figure across operators revealed that MTN Nigeria accounted for 126,072,111 subscribers, Globacom (Glo) registered 70,485,301, Airtel Nigeria had 62,960,003, 9mobile recorded 46,229,944, Smile Communications tallied 740,158, and Ntel had 237,863 subscribers.

In terms of market share, the commission reported that MTN dominated with 38.79 per cent  (87,038,768 subscribers), followed by Airtel with 27.55 per cent (61,834,105), Glo with 27.45 per cent  (61,604,576), and 9mobile with 6.21 per cent  (13,935,482) of the mobile GSM market as of December 2023.

Beyond SIM card registration, the NCC reported a 0.96 per cent  year-on-year growth in active subscriptions. Active voice subscriptions increased from 222,571,568 in 2022 to 224,713,710 in December 2023, a rise of 2,142,142 subscriptions. The NCC attributed this growth to factors such as subscriber loyalty, promotional campaigns, aggressive customer acquisition strategies, and competitive product offerings across networks.

Nigeria’s teledensity, however, dropped from 116.60 per cent  in December 2022 to 103.66 per cent by the end of 2023, reflecting an 11.10 per cent  decline. The NCC explained this reduction was due to the revised population figure of 216,783,381 provided by the National Population Commission (NPC) for 2022, replacing the 2017 projection of 190 million previously used in calculations.

The report further noted an increase in internet subscriptions, which grew from 154,847,901 in December 2022 to 163,838,439 in December 2023, representing a 5.81 per cent  rise and an additional 8,990,538 subscriptions. Despite this growth, broadband penetration declined from 47.36 per cent  in December 2022 to 43.71 per cent  by December 2023. The NCC explained that this drop was also linked to the revised population figures. However, broadband subscriptions increased from 90,398,960 to 94,757,184 during the same period.

Prepaid mobile voice subscriptions, which dominate the Nigerian market, grew by 0.84 per cent , increasing from 215,345,361 in December 2022 to 217,143,995 in December 2023. Postpaid mobile voice subscriptions saw a growth rate of 4.61per cent , rising from 7,129,211 to 7,457,744.

The NCC noted that prepaid subscribers accounted for about 96.7 per cent  of the market, while postpaid subscribers represented approximately 3.3 per cent.

Regionally, the data showed the Southwest and North Central zones had the highest number of active voice subscriptions, while the Southeast recorded the least. The breakdown revealed that the Southwest had 63,946,830 subscriptions (28%), the North Central had 43,797,767 (19%), the Northwest had 40,978,174 (18%), the South-South had 33,034,092 (15%), the Northeast had 21,493,698 (10%), and the Southeast recorded 21,463,149 (10%).

In terms of local and national telephone traffic, the NCC reported that by December 2023, total outgoing traffic was 205.3 billion minutes, while incoming traffic totaled 203.2 billion minutes. MTN recorded the highest outgoing and incoming traffic at 122.7 billion and 123.8 billion minutes, respectively.

For international traffic,the regulatory body reported that  total outgoing mobile and VoIP traffic was 536.1 million minutes, while incoming international traffic reached 998.2 million minutes. Airtel accounted for the highest outgoing international traffic at 255.7 million minutes, while MTN reported the highest incoming international traffic at 578.9 million minutes.

Additionally, mobile-to-mobile voice call traffic  as at December  2023 showed outgoing minutes totaling 172.8 billion, while incoming minutes stood at 124.0 billion. MTN once again led in both categories, with outgoing traffic of 123.2 billion minutes and incoming traffic of 80.6 billion minutes.

Admin
Admin
Previous Post

Exchange rate volatility to challenge Nigeria’s economy in 2025- Cowry Asset

Next Post

Oil declines as investors await Trump’s decision on Russian export limits

Next Post

Oil declines as investors await Trump’s decision on Russian export limits

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026
NGX taps tech advancements to drive N4.63tr capital growth in H1

Insurance-fuelled rally pushes NGX to record high

August 8, 2025

Reps summon Ameachi, others over railway contracts, $500m China loan

July 29, 2025

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

GSMA presses telecoms to rethink business models for trillion-dollar B2B growth

GSMA urges rethink of spectrum policy to close rural digital divide

February 19, 2026
Unilever, Google Cloud partnership raises stakes in consumer goods digital transformation race

Unilever, Google Cloud partnership raises stakes in consumer goods digital transformation race

February 18, 2026
BUA Group leads Gulf–West Africa drive for integrated food and logistics corridor

BUA Group leads Gulf–West Africa drive for integrated food and logistics corridor

February 18, 2026
FairMoney expands SME credit access to boost financial capacity

FairMoney expands SME credit access to boost financial capacity

February 18, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
  • Reps summon Ameachi, others over railway contracts, $500m China loan

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

GSMA presses telecoms to rethink business models for trillion-dollar B2B growth

GSMA urges rethink of spectrum policy to close rural digital divide

February 19, 2026
Unilever, Google Cloud partnership raises stakes in consumer goods digital transformation race

Unilever, Google Cloud partnership raises stakes in consumer goods digital transformation race

February 18, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M