Nigerians Contribute 24% Of $6.41bn Revenue Airtel Generates In Africa

May 8, 2026
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The Nigerian market’s contribution to Airtel Africa‘s revenue increased to 24.98 percent between April 2025 and March 2026, up from the 21.15 percent the market accounted for during the same period ending March 2025.

Airtel uses a one year calender that starts from April to March, unlike the regular 12-month cycle, which starts from January and ends in December, that other publicly listed companies in Nigeria use.

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Airtel Africa generated $6.41 billion in revenue during the period under review, compared to the $4.95 billion turnover reported the year before, according to the company’s financial statement for the period ended March 31, 2026.

The company’s subsidiary in Nigeria accounted for $1.60 billion of the total revenue during the period ended March 2026, compared to the $1.04 billion contributed during the period ended March 2025.

Part of the turnover reported by Airtel Nigeria comprises $614 million from voice services, surpassing the $448 million reported the previous year, representing a year-on-year increase of 36.9 percent.

Also, data revenue contributed $820 million between April 2025 and March 2026, exceeding the $483 million generated from data services during the corresponding period ending March 2025.

Mobile money revenue also increased during the period under review, rising by 113.4 percent year-on-year, from $4 million to $9 million, while other revenue surged 44.3 percent to $164 million, from $114 million.

Meanwhile, Airtel Africa reported a profit before tax (PBT) of $1.41 billion between April 2025 and March 2026, compared to the $661 million pretax profit posted in the same period ending March 2025.

With the parent company’s pretax profit rising by 114.5 percent, Airtel Africa saw an 82 percent year-on-year increase in total tax charge, which grew from $333 million to $606 million.

Consequently, Airtel Africa recorded $813 million as profit after tax (PAT) during the period under review, compared to the $328 million reported between April 2024 and March 2025, reflecting a 147.4 percent increase.

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Prime Business Africa is a business, economy and policy news platform founded in 2021 by veteran journalist and media scholar, Dr Marcel Mbamalu, after he left The Guardian as Editor.

Dr Mbamalu, who serves as Founder and Publisher, set up Prime Business Africa to deliver sharp, data-driven reporting on Nigeria’s markets, trade, investment, and governance trends for decision-makers, entrepreneurs, and policy leaders.

He also writes The Bottom Line, a backpage column for Punch Newspaper every Thursday.

Under his leadership, Prime Business Africa combines deep newsroom experience with a focus on accountability journalism, aiming to bridge information gaps between Africa’s private sector and the global economy.

Prime Business Africa

Prime Business Africa is a business, economy and policy news platform founded in 2021 by veteran journalist and media scholar, Dr Marcel Mbamalu, after he left The Guardian as Editor.

Dr Mbamalu, who serves as Founder and Publisher, set up Prime Business Africa to deliver sharp, data-driven reporting on Nigeria’s markets, trade, investment, and governance trends for decision-makers, entrepreneurs, and policy leaders.

He also writes The Bottom Line, a backpage column for Punch Newspaper every Thursday.

Under his leadership, Prime Business Africa combines deep newsroom experience with a focus on accountability journalism, aiming to bridge information gaps between Africa’s private sector and the global economy.

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