• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Business News

Nigeria has one of the cheapest mobile data prices in Africa

Bamidele Samuel AdesojibyBamidele Samuel Adesoji
4 years ago
in Business News, Tech News
MTN, Airtel, Glo, other Telcos' operating costs drop to N1.756 trillion in 2019, Nigeria has one of the cheapest mobile data prices in Africa

Glo pays N2.6 billion interconnection debt to MTN

Share on FacebookShare on TwitterShare on Linkedin

A report from UK-based price comparison website — Cable, has shown that Nigerian telecom companies supposedly offer some of the cheapest mobile data subscription rates in Africa.

According to the report, Nigeria rank 11th out of 57 African countries, with an average price of $2.22 for 1 Gigabyte (GB).

Cable gathered the data for 6,313 mobile data plans in 230 countries of the world.

 Highlights of the report

  • Rwanda has the cheapest average price of $0.56 for 1 GB data. Hence, it ranked 1st.
  • Sudan and Congo (Democratic Republic) rank second and third respectively with an average price of 1 GB data sold for $0.68 and $0.88 respectively.
  • Nigeria ranks 11th on the list of 57 African countries, with an average price of $2.22 for 1GB.
  •  Zimbabwe has the highest average price of $75.20  for 1GB and thereby rank 57th.
  • Saint Helena and Equatorial Guinea rank 55th and 56th as one of the highest average prices of 1 GB data. In both countries, 1 GB of data go for an average price of $55.47 and $65.83 respectively.

High data prices in some large African economies

  • Contrary to what one might expect, South Africa has one of the most expensive data subscription rates in Africa. According to the ranking, the country occupied the 41st position because South Africans pay an average price of $7.19 for 1 GB. Note that South Africa is one of the most developed countries on the continent.
  • Similarly, Algeria has an average price of $5.15 for 1 GB data, which is why the country was ranked 32nd on the list.
  • Also, in Angola, 1 Gb of data goes for an average price of $7.95. The country is ranked 42nd.

Other African countries with low data prices 

  • Data shows that Egypt has one of the lowest average prices of $1.49 and the country is ranked 4th on the list.
  • Similarly, Ghana is ranked 6th with an average price of $1.56 for 1GB.
  • Likewise,  Morroco as one of the biggest economies in Africa is ranked 7th on the list with an average price of $1.66 data for 1GB.
  • Nigeria is ranked 11th with an average price of $2.22 for 1GB.
  • Other African countries within the top 10 of low average prices of data include Sudan ($0.68), Congo Dr ($0.88), Western Sahara ($1.66), Cameroon ($1.71), Guinea ($1.94) and Burundi ($2.00).

What the statistics imply

Low data subscription rate will encourage more people to to buy and be connected to the internet. Recall that an earlier analysis by Nairametrics suggested that the more people are connected to the internet, the greater the chances for the ICT sector to contribute to the country’s GDP.

Moreover, cheap data rate is good for the Nigerian economy, especially now that many companies use the internet as a veritable for a whole lot of functions. For instance, access to internet avails small and medium-sized enterprises (SMEs) immense opportunities and useful information.

Tags: African SMEsData planData subscription rates in AfricaOn the MoneyPrices of data in Nigeria

Comments 1

  1. Dex says:
    March 8, 2019 at 9:38 am

    Data is not truely cheap be in Nigeria, You buy 1,000ngn for 1G on the average, you are told it’s valid in 1 month ,at the end you get to buy more than 3times in a month because it’s last for a few days at times for heavy users less than 48hours

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

hfm
UBA
Mega Millions
Mega Millions
fidelity banner
HFM







NM newsletters

Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

Recent News

  • Experience unbeatable offers, win big and upgrade your tech companion at the Xiaomi mid-year sale
  • Insights: Why fuel subsidy removal may push Nigeria’s inflation rate to 30% in June 2023
  • Exclusive: Aviation Ministry re-opens bidding process for Port Harcourt Airport – Source

Follow us on social media:

Recent News

Experience unbeatable offers, win big and upgrade your tech companion at the Xiaomi mid-year sale

Experience unbeatable offers, win big and upgrade your tech companion at the Xiaomi mid-year sale

June 6, 2023
Insights: Why fuel subsidy removal may push Nigeria’s inflation rate to 30% in June 2023

Insights: Why fuel subsidy removal may push Nigeria’s inflation rate to 30% in June 2023

June 6, 2023
  • Download Nairametrics iOS App
  • Download Nairametrics Android App
  • Home
  • Exclusives
  • Markets
  • Industries
  • Economy
  • Business News
  • Financial Literacy
  • Opinions

© 2023 Nairametrics

No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
  • Login
  • Sign Up

© 2023 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In