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Despite the 87 per cent mobile penetration, Nigeria has one the world’s most expensive prepaid mobile data plans compared to median incomes. In fact, according to statistics compiled by broadband, TV & phone comparison site “Cable.co.uk”, the average data plan costs $1.39 per 1GB. This is much costlier than the average cost of $0.81 for 1GB of data in France.


virtual sports events. Tis problem is even further accentuated by the high cost relating to mobile data, resulting in players unlikely to place multiple bets on virtuals from their mobile device throughout the day.


Despite the 87 per cent mobile penetration, Nigeria has one the world’s most expensive prepaid mobile data plans compared to median incomes. In fact, according to statistics compiled by broadband, TV and phone comparison site “Cable.co.uk”, the average data plan costs $1.39 per 1GB. Tis is much costlier than the average cost of $0.81 for 1GB of data in France.


A changing scenario? Yet this is bound to change in the short to medium term, with the continent registering strong infrastructural growth aiding service providers and operators alike in their bid to deliver an elevated and cost-effective betting experience. Tis is particulary evident in Nigeria with 169.2 million mobile subscriptions from a population of 203 million people – translating into a 83 per cent penetration rate – the country has one of the highest mobile subscription rates on the continent. Tis is also reflected from an internet accessibility point of view where at 42 per cent the Internet penetration is well above the median penetration rate in Western Africa which stands at 36 per cent.


Worthy of notice is the strong growth registered in terms of mobile and internet penetration when compared to the previous 12 months, with mobile phone connections registering a 7.7 per cent increase (+12 million connections) from January 2019 to January 2020, and internet users increasing by a further 2.6 per cent (+2.2 million users) throughout the same period.


P46 NEWSWIRE / INTERACTIVE / MARKET DATA


Te country has also registered significant improvements in terms of the average speeds of mobile internet connections – which at 15.32 MBPS registered a 31 per cent year-on-year increase – and fixed internet connections, which registered an 11 per cent year-on-year increase.


Te smartphone is by far the most popular device, with 83 per cent of internet users aged 16 to 64 owning it. On the other hand only 12 per cent own a non-smartphone mobile phone, whilst laptop and tablet ownership stands at 52 per cent and 20 per cent respectively.


On the other hand 95 per cent of all internet users access the internet via smartphones, while only 2.3 per cent access the internet via feature phones. Te average daily time spent using the internet on mobile devices stands at 4 hours and 50 mins, which is relatively high.


Data consumption on the rise Data consumption in Nigeria will also experience rapid growth with a compound annual growth rate (CAGR) of 44.9 per cent to 2023, when traffic will reach 11.9 billion GB from a 2018 level of 1.9 billion GB.


Although video will be the major component of data consumption, there will be very significant growth in the smaller sectors of music and Web browsing, which are each expecting compound annual growth rates above 70 per cent.


As elsewhere, the most important means of data consumption in Nigeria is smartphones, which overtook other portables in terms of market share in 2018, attaining 34.3 per cent of overall data consumption traffic. Smartphones will continue to


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