Nigeria's Telecom Sector Forecasts Growth with $991M in FDIs by 2024
DATA AND AI INFRASTRUCTURE
Nigeria's telecommunications sector is projected to attract $991 million in foreign direct investments by 2024, driven by initiatives in fiber optic deployment and satellite connectivity. The industry is experiencing increased competition with new providers and is set to enhance service quality through significant infrastructure developments, including 90,000 kilometers of fiber optics. Industry leaders stress the importance of government support to safeguard telecom infrastructure for sustainable growth.

Jan 28, 2026, 9:09 AM