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Telecommunications in Nigeria: $392 million increase in investments in nine months

17/02/2026
Source : ORISHAS FINANCE
Categories: Sectors

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Data from the National Bureau of Statistics mentions that foreign direct investment in the sector of Telecommunications in Nigeria jumped 23% year-on-year for reach $392.92 million in the first nine months of 2025.

Telecommunications investments have reached 208.51 million dollars in the third quarter of 2025, compared to only 14.74 millions of dollars in the same period the previous year, or Multiplication by more than fourteen. This strong increase marks a recovery notable after a sluggish year 2024, testifying to the attractiveness of the sector for investors looking for growth opportunities in infrastructure Nigerian digital.

At the beginning of 2025, imports of capital for telecommunications amounted to $80.78 million in first quarter before increasing to $103.63 million in the second quarter, leading to the much stronger performance recorded in third quarter.

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