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How Big Is Nigerian Telecoms Industry - Jobs/Vacancies - Nairaland

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Something Big Is Coming To Nigeria This Month / Analysis Of The Telecoms Industry / New Income Opportunity In The Telecoms Industry (2) (3) (4)

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How Big Is Nigerian Telecoms Industry by JPIC(m): 12:07pm On Jul 15, 2020
Let's take a look at some statistics

Nigeria ha s been ranked 4th largest telecom market globally from sixth position last year

Nigeria spent between #447.8 billions on airtime/data per month and average of #14 billion + daily as @ 2016 - NCC

NCC Projected that Nigeria will spend N7 Trillions on AIRTIME/DATA last year

Per Year Inflow investment in Nigeria Telecom Sector now hit #21.4 Trillions

Every hour, about 4 million Nigerians recharges their phones. Whatttt?

Let me say it again: Every hour, about 4 million Nigerians recharges their phones.

That means about 24hrs millions of phones recharges are done daily.

Hmmm. THIS IS PER SECONDS EARNING

This leads to establish that,

Telecom industry is bigger than oil & gas industry

BANKS, JUMIA are focusing so much on VTU Telecom business than their core financial/E-commerce business, why? Because they are making huge BILLIONS of money doing it.

Data/airtime have now become the world most valuable resources.

An average Nigerian spend #2,000+ on airtime monthly but don't get paid anytime they recharge.

Having established this truth, it's of no doubt that telecom is the largest market in the world.

...You invest in it, you earn per second/minute.


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