Nigeria’s ICT/Telecoms sector maintains 21.39 percent GDP growth pattern Q2 2025

*The National Bureau of Statistics’ latest Gross Domestic Product report indicates Nigeria’s Information and Communications Technology industry expanded in real terms by 6.61 percent, up by 2.23 percentage points, as Telecommunications, Information Services, Publishing, Broadcasting and Motion Picture production recorded 21.39 percent growth in nominal terms year-on-year

Isola Moses | ConsumerConnect

The National Bureau of Statistics (NBS) has affirmed the Nigerian Information and Communications and Technology (ICT) cum Telecommunications, alongside agriculture, real estate, trade and financial services, was among the key sectors driving non-oil sector growth in the Second Quarter (Q2) of 2025.

ConsumerConnect reports the latest NBS Gross Domestic Product (GDP) report indicated that ICT industry expanded in real terms by 6.61 percent, up by 2.23 percentage points, compared to the same period 2024.

The Information and Communication Technology sector of the Nigerian economy continued its growth pattern Q2 2025, emerging as one of the top drivers of non-oil growth.

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The ICT sector, which embraces Telecommunications, Information Services, Publishing, Broadcasting and Motion Picture production, grew by 21.39 percent in nominal terms year-on-year, which more than doubles the 10.21 percent growth recorded in the Second Quarter of 2024.

The report also showed the ICT contribution to the economy also increased, recording 11.18 percent of total real GDP Q2 this year, in comparison to 10.93 percent Q2 2024, and 10.59 percent in the previous quarter.

In specifics, Telecommunications and Information Services sustained the dominant sub-sector, recording a real growth rate of 7.39 percent during the quarter.

The Nigerian Communications Commission’s functions and responsibilities as the telecoms sector regulator, are derived from Chapter 2 Section 4 of the Nigerian Communications Act (NCA) of 2003. These include the facilitation of investments in and entry into the Nigerian market for provision and supply of communications services, equipment and facilities.

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The Commission also ensures the protection and promotion of consumers’ interests against unfair practices by service providers, including but not limited to matters relating to tariffs and charges for and the availability and quality of communications services, equipment and facilities.

The NCC, among other functions, also ensure that licensees implement and operate at all times the most efficient and accurate billing system in the telecoms space.

Whereas Broadcasting and Publishing also experienced steady improvements, supported by digital platforms and increased content consumption by consumers.

The Bureau further restated that ICT sector excelled among the frontline industries driving non-oil sector growth in the Nigerian economy.

The non-oil sector grew by 3.64 percent in real terms Q2, underscoring the central role of digital services in Nigeria’s economic diversification, according to NBS.

The Bureaus said the ICT sector’s consistent expansion has highlighted the increasing impact of mobile connectivity, digital payments, streaming services, and local technology innovations in the economy.

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