Tuesday, May 26, 2026
  • Login
No Result
View All Result
The Business Times
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports
No Result
View All Result
The Business Times
No Result
View All Result
Home Business

Nigeria’s Data‑Centre Market Poised for Explosive Growth, Could Reach $2.7 Billion by 2035

byJoy Ogbitse
December 10, 2025
in Business, Tech
0
11
VIEWS
Share on FacebookShare on Twitter


As of 2025, the Nigeria Data Centre sector is valued at US$1.4 billion, and according to a new report it is projected to swell to US$2.7 billion by 2035.

The Nigerian data‑centre industry is riding a wave of digital transformation, fuelled by booming demand from fintech, cloud services, broadband expansion, and growing reliance on digital storage and computing. This growth is being driven by both foreign and local operators expanding capacity, as well as a shift from on‑premises servers to colocation and cloud facilities.

Currently, Nigeria’s aggregate data‑centre capacity is far below what’s needed: the total installed “core and shell” capacity of third‑party centres was recently estimated at around 65.8 MW, though plans under construction or in the pipeline add roughly 327.8 MW, indicating more than a fivefold jump once complete.

Multiple major players are already active, including global giants and local firms, signalling increased investor confidence in the nation’s digital‑infrastructure potential.

Moreover, the rapid growth aligns with rising internet penetration, expansion of cloud and fintech services, and a broader push toward Nigeria’s digital economy, trends that collectively suggest data centres will become central to Nigeria’s economic future.

This surge presents a major economic opportunity: expanding data‑centre capacity will drive local employment, attract foreign capital, and reduce reliance on foreign hosting, helping to keep tech spending within Nigeria. As digital services grow, the sector could significantly boost non‑oil revenue, diversify the economy, and support GDP growth.

Joy Ogbitse

Joy Ogbitse

Next Post
Carrefour Medical Secures $21 Million to Boost Senegal’s Healthcare Manufacturing

Carrefour Medical Secures $21 Million to Boost Senegal's Healthcare Manufacturing

Leave a Reply Cancel reply

Your email address will not be published.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

Recommended

Lagos Luxury Real Estate Prices Triple Amid Devaluation

Lagos Luxury Real Estate Prices Triple Amid Devaluation

3 months ago
Kenya’s Investment Reforms Target $2.5 Billion in Deals

Kenya’s Investment Reforms Target $2.5 Billion in Deals

2 months ago

Popular News

  • Nigerian Banks Record Strong Profit Growth as Digital Banking Expands

    0 shares
    Share 0 Tweet 0
  • SBM Report Reveals Nigeria’s Most Livable States

    0 shares
    Share 0 Tweet 0
  • Smartcomply Expands to UK With AI Compliance Platform for Africa

    0 shares
    Share 0 Tweet 0
  • Africa Emerges as Global Growth Hub, Says AfDB President

    0 shares
    Share 0 Tweet 0
  • Foreign Portfolio Investments Drive Nigeria’s Capital Inflows to $3.5 Billion in January

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Twitter Instagram TikTok

Newsletter

Pages

  • About Page
  • Contact
  • Privacy Policy
  • Terms & Conditions

Navigation

  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports

© 2025 The Business Times NG .

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

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

Log In
No Result
View All Result
  • Home
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports

© 2025 The Business Times NG .