Close Menu
NewsjauntsNewsjaunts
  • Homepage
  • News
  • Business
  • Politics
  • Entertainment
  • Music
  • Award
  • Contact Us
  • About Us
  • Privacy Policy
  • Africa-Newsroom

Subscribe to Updates

Get the latest creative news from News about art, design and business.

What's Hot

Rite Foods Limited Restates Commitment to Ojude Oba Festival Sponsorship

May 22, 2026

81% of Nigerian businesses say Meta has expanded their customer base, as new researchvalues platform’s economic contribution at $820 million

May 22, 2026

Adewale Wins APC Lagos Assembly Ticket For Ifako-Ijaiye

May 21, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
NewsjauntsNewsjaunts
Subscribe
  • Homepage
  • News
  • Business
  • Politics
  • Entertainment
  • Music
  • Award
  • Contact Us
  • About Us
  • Privacy Policy
  • Africa-Newsroom
  • Home
  • Politics
  • NEWS
  • Business
  • Finance
  • Business
  • Entertainment
  • Contact Us
  • About Us
  • Privacy Policy
NewsjauntsNewsjaunts
Home » 81% of Nigerian businesses say Meta has expanded their customer base, as new researchvalues platform’s economic contribution at $820 million
Business

81% of Nigerian businesses say Meta has expanded their customer base, as new researchvalues platform’s economic contribution at $820 million

NewsjauntsBy NewsjauntsNo CommentsMay 22, 20265 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
Share
Facebook Twitter LinkedIn Pinterest Email
L-R: Dr. Beluchi Nwanisobi, Deputy Director, Digital Economy Department, NCC, representing, Dr. Aminu Maida, The Executive Vice Chairman (EVC) and CEO of the Nigerian Communications Commission (NCC); Charles Odii, Director-General of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN); Kojo Boakye, Vice President, Public Policy, Africa, Middle East and Turkiye, Meta; Dr. Bosun Tijani, Honourable Minister, Federal Ministry of Communications, Innovation and Digital Economy (FMCIDE); Sade Dada, Head of Public Policy, Anglophone West Africa, Meta; Kashifu Inuwa Abdullahi, The Director-General and CEO of the National Information Technology Development Agency (NITDA), at the launch of the Nigeria’s Digital Economy report hosted by Meta which held in Abuja on Thursday, May 21, 2026.


Virtually all Nigerian businesses surveyed say Meta’s platforms have expanded their customer reach,
according to new independent research that finds Meta is contributing an estimated $820 million in
annual economic value to Nigeria today — with AI adoption set to add $22 billion to GDP by 2035.
The “Nigeria’s Digital Economy” report, conducted by independent research firm Public First, finds that
under the right conditions this figure could grow to $2 billion as digital adoption deepens — with Meta’s
platforms functioning as essential digital infrastructure connecting Nigerian entrepreneurs to customers,
markets, and new economic opportunity.
The findings reveal that 14 million Nigerian SMEs used Meta’s apps — Facebook, Instagram, WhatsApp,
Messenger, Meta AI, and Threads — to start and grow their businesses in 2025, contributing $2 billion
to Nigeria’s GDP and delivering an estimated $640 million in productivity gains through more efficient
instant messaging.
WhatsApp is Nigeria’s gateway to AI
WhatsApp is playing a central role in connecting Nigerians to AI and new economic opportunities across
the region. The platform serves as Nigerians’ primary AI surface — reflecting the wider regional pattern
where 93% of Meta AI prompts in Sub-Saharan Africa are made via WhatsApp — demonstrating how AI
adoption in Nigeria is happening through the tools people already use every day.
Balkissa Ide Siddo, Director of Public Policy, Sub-Saharan Africa at Meta, said: “Nigeria is one of the most
dynamic, entrepreneurial and digitally engaged markets in the world — and this research makes clear
the scale of what is possible when Nigerian ambition meets the right digital tools. From a tailor in Lagos
reaching customers across the country through Instagram, to a small business owner in Kano taking
orders on WhatsApp, to a creator in Abuja building a global audience on Facebook — Meta’s platforms
are removing the traditional barriers to growth and unlocking real economic opportunity. The fact that
80% of Nigerians say access to reliable internet has improved compared to a decade ago speaks to the
progress already made and with continued investment in connectivity, smart policy that supports
innovation, and the rise of open-source AI built for and by Africans, Nigeria is exceptionally well
positioned to lead the continent’s next decade of digital growth. We are proud to be a long-term partner
in that journey.”
AI and Nigeria’s next growth frontier
The research highlights the transformative potential of artificial intelligence for Nigeria’s economy and
innovation ecosystem:
● AI could add $22 billion to Nigeria’s GDP by 2035 with the right combination of investment,
policy and innovation.
● 87% of online Nigerians say AI products developed within Africa will be important for the
continent’s economic growth.

● Open-source AI gives Nigerian developers, businesses and creators the opportunity to build
solutions in local languages, for local needs.
SMEs are reaching new customers across Nigeria
For Nigerian small businesses, Meta’s platforms have become a primary sales and discovery channel.
81% of online businesses surveyed said Facebook, Instagram, and WhatsApp have expanded their
customer base beyond their local geography — reducing customer acquisition costs and giving a
business in Kano access to the same advertising and commerce tools available to businesses in Lagos,
London or New York.
93% of online adults say they feel more connected to a wider community through Meta’s family of apps,
reflecting how deeply these platforms are woven into everyday life, commerce and community in
Nigeria.
Alison Neyle, Director at Public First, said: “Nigeria’s digital transformation is creating new opportunities
for businesses, creators and consumers alike. The findings show that Meta’s platforms are helping
Nigerian firms grow across formal and informal sectors, supporting entrepreneurship and strengthening
participation in one of the world’s most rapidly expanding digital economies. With the right combination
of infrastructure, platform access and open-source AI, the upside for Nigeria is significant.”

The full report is available at https://metassa.publicfirst.co/

Methodology Note
This report uses a comprehensive modelling and research framework to measure Meta’s economic and
social impact in Nigeria:
● Economic Modelling: Nigeria’s digital economy was analysed using Input-Output (I-O) tables and the
Hypothetical Extraction Method (HEM). Calculations are based on the latest national statistics, with
projections for 2035 modelled using IMF, World Bank and Statista forecasts.
● WhatsApp Economic Impact Analysis: Value generated by WhatsApp was estimated by combining
business benefits — including operational efficiency gains, sales via the WhatsApp Business API and
reduced customer acquisition costs — with consumer benefits, specifically the cost savings from data-
based communication over traditional SMS and voice calls.
● Opinion Research: Online surveys conducted in Nigeria in 2025 — a Consumer Survey among adults
(18+), weighted to be nationally representative; and a Business Survey among senior business decision-
makers, representing a range of organisational sizes.

Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
Previous ArticleAdewale Wins APC Lagos Assembly Ticket For Ifako-Ijaiye
Next Article Rite Foods Limited Restates Commitment to Ojude Oba Festival Sponsorship
Newsjaunts
  • Website

Related Posts

Fidelity Bank grows Gross Earnings by 45.6% for FY 2025

May 12, 2026

Not Lack of Customers: The Real Reason Small Businesses Fail

May 7, 2026

Adron Homes Sets Strategic Direction for 2026 at National Business Convention

January 15, 2026

Interswitch’s Dr. Cherry Eromosele Calls for Human-AI Balance in Marketing at BJAN Conference 2025

December 7, 2025
Leave A Reply Cancel Reply

Our Picks
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • LinkedIn
  • TikTok
  • Telegram
  • WhatsApp
Don't Miss
Culture

Rite Foods Limited Restates Commitment to Ojude Oba Festival Sponsorship

By NewsjauntsMay 22, 20260

Rite Foods Limited, Nigeria’s leading food and beverage company, has reaffirmed its commitment to preserving…

81% of Nigerian businesses say Meta has expanded their customer base, as new researchvalues platform’s economic contribution at $820 million

May 22, 2026

Adewale Wins APC Lagos Assembly Ticket For Ifako-Ijaiye

May 21, 2026

Governor Dauda Lawal Emerges APC Consensus Governorship Candidate for Zamfara 2027 Election

May 21, 2026

Ogun APC United, Stronger Ahead of 2027 as Yayi Emerges Flag Bearer — Abiodun

May 21, 2026

Subscribe to Updates

Get the latest creative news from News Jaunts

About Us

Newsjaunts is a well-established journalism business dedicated to delivering high-quality news reporting, breaking news, and comprehensive investigative reporting.

Our team of experienced journalists provides in-depth local news coverage, compelling news stories, and insightful news analysis. Stay informed with our timely news updates and informative news articles.

Trust Newsjaunts for accurate and reliable news coverage. Contact us today to stay updated on the latest news globally.

Email: info@newsjaunts.com, newsjaunts@gmail.com

Whatsapp: +2348182744804
Call: +2348078097457

Facebook X (Twitter) Instagram
Our Picks

Fidelity Bank grows Gross Earnings by 45.6% for FY 2025

May 12, 2026

Not Lack of Customers: The Real Reason Small Businesses Fail

May 7, 2026

Adron Homes Sets Strategic Direction for 2026 at National Business Convention

January 15, 2026

Interswitch’s Dr. Cherry Eromosele Calls for Human-AI Balance in Marketing at BJAN Conference 2025

December 7, 2025
New Comments
  • Armando3157 on How to Boost Your Mood, Lower Stress in Just 10 Minutes a Day
  • Holly2618 on Not Lack of Customers: The Real Reason Small Businesses Fail
Newsjaunts
Facebook X (Twitter) Instagram Pinterest WhatsApp RSS
  • Homepage
  • News
  • Business
  • Politics
  • Entertainment
  • Music
  • Award
  • Contact Us
  • About Us
  • Privacy Policy
  • Africa-Newsroom
© {2026} SEMEL-NJ MEDIA AND INFORMATION TECHNOLOGY

Type above and press Enter to search. Press Esc to cancel.

WhatsApp us