Saturday, August 22, 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

The ₦200 Business Keeping Nigerian Phones Alive

byStephen Abebor
August 22, 2026
in Business
0
The ₦200 Business Keeping Nigerian Phones Alive
4
VIEWS
Share on FacebookShare on Twitter

There is a business in Nigeria that can fit on a small table.

No fancy office. No expensive storefront. No complicated technology.

Just electricity, charging cables and people with dying phones.

In some places, charging a phone now costs about ₦200, while charging a power bank can cost ₦300. It sounds like pocket change until you realise what the business is really selling: access to electricity when the grid cannot provide it.

Commercial phone charging has existed in Nigeria for years, but the business has survived because the underlying problem has refused to disappear.

A 2025 TechCabal report documented charging operators in Lagos and Ibadan making money from the business, while some operators have expanded into phone accessories, repairs and other services. One Lagos operator previously charged ₦100 per phone before increasing his price as operating costs rose.

The economics can become surprisingly interesting.

At ₦200 per phone, 20 customers generate ₦4,000 in revenue. Fifty customers generate ₦10,000.

But that is revenue, not profit.

If the operator relies on petrol generators, fuel can quickly eat into the earnings. That is why some charging businesses are now turning to solar. A July 2026 report by The Vanguard found commercial charging operators moving away from petrol generators as fuel costs made the traditional model increasingly difficult to sustain.

And that tells a bigger Nigerian business story.

The charging operator is not really selling electricity.

The operator is selling convenience created by an electricity shortage.

The customer does not necessarily want to pay ₦200 to charge a phone. They pay because a dead phone can mean missed calls, missed payments, lost business or being disconnected from the people they need.

Nigeria’s electricity challenge has therefore created an entire informal market around staying powered.

It is one of those businesses most people walk past without noticing.

Until their battery hits 1%.

Then suddenly, that little table becomes essential.

Tags: Electricity CrisisEnergy BusinessInformal BusinessLagos businessNigeria businessNigerian EntrepreneursPhone Charging BusinessPower Supply NigeriaSide Hustlessmall business Nigeria
Stephen Abebor

Stephen Abebor

Next Post
The Quiet Business Keeping Nigeria’s Roads Moving

The Quiet Business Keeping Nigeria’s Roads Moving

Leave a Reply Cancel reply

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

Recommended

Ivorian Court Jails 32 Protesters Ahead of Contentious Presidential Election

Ivorian Court Jails 32 Protesters Ahead of Contentious Presidential Election

10 months ago

NAIDEC 2026 Conference Targets Investment Across Key Sectors

5 months ago

Popular News

  • The Quiet Business Keeping Nigeria’s Roads Moving

    The Quiet Business Keeping Nigeria’s Roads Moving

    0 shares
    Share 0 Tweet 0
  • The ₦200 Business Keeping Nigerian Phones Alive

    0 shares
    Share 0 Tweet 0
  • The POS Machine Is Not the Business. The Cash Is.

    0 shares
    Share 0 Tweet 0
  • The Business Hidden Behind a Barber’s Chair

    0 shares
    Share 0 Tweet 0
  • PENGASSAN Urges Nigeria to Keep Oil and Gas Policies Stable

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Twitter Instagram TikTok

Newsletter

Pages

  • About Page
  • Contact
  • Domestic Gas Sales Rise 30% as Nigeria’s Energy Reforms Gain Traction
  • 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 .