MTN, Airtel dominate Nigeria’s ₦7.67 trillion telecom market in 2024

Nigeria’s telecommunications industry delivered a record performance in 2024, with total revenue surging to ₦7.67 trillion ($5.11 billion), a 44.7% increase from ₦5.3 trillion ($3.53 billion) in 2023, according to the Nigerian Communications Commission (NCC). The sector reinforced its position as a major pillar of the economy, contributing 14.4% to Nigeria’s Gross Domestic Product…