In 2023, the total fixed broadband subscriptions in Nigeria stood at 105,555 subscriptions (in thousands). The forecasted data for the upcoming years show a steady increase in subscriptions: 109,240 in 2024, 112,920 in 2025, 116,530 in 2026, 120,060 in 2027, and 123,530 in 2028. The year-on-year variation from 2023 to 2024 is 3.5%, and from 2024 to 2025 it is 3.4%. The Compound Annual Growth Rate (CAGR) over the next five years (2023-2028) is 3.2%.
Future trends to watch for include advancements in broadband technology, potential policy changes impacting the telecommunications sector, and the growing demand for higher-speed internet and wider coverage as digital transformation continues. Additionally, infrastructure development and investment will be key to sustaining this growth trajectory.
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