In 2025, mobile subscribers in Nigeria and other parts of Africa buy airtime using credit, with borrowing totaling roughly $3.1–$3.18 billion across emerging markets, according to reports cited by The Punch and Legit.ng. Both sources say the figure reflects demand for mobile-based credit products and notes that Africa represents a large share of the market. The reporting also links the growth in airtime-on-credit activity to fintech lending expansion, with Legit.ng highlighting increased activity from firms such as Optasia as part of a broader shift toward easier access to credit via mobile and data services. The Punch frames the market as borrowers purchasing airtime on credit, while Legit.ng adds that the lending growth is tied to rising demand for these services and broader fintech participation. Together, the accounts describe a growing credit-based mobile ecosystem in Nigeria and across Africa during 2025, with total credit usage in the single-digit billions of dollars range. The two outlets present slightly different totals, but both refer to the same general scale and momentum.
Nigerians and other Africans borrow about $3.1–$3.18 billion in airtime on credit in 2025
In 2025, mobile subscribers in Nigeria and other parts of Africa buy airtime using credit, with borrowing totaling roughly $3.1–$3.18 billion across emerging markets, according to reports cited by The...
- In 2025, mobile subscribers in Nigeria and other emerging markets borrow about $3.1–$3.18 billion to buy airtime on credit.
- Africa is reported as dominating or making up a large share of the airtime-on-credit market.
- Legit.ng attributes growth partly to an expansion of fintech lending and mobile-based credit demand.
- The reported market involves borrowing to purchase airtime on credit, with related services including data credit described by Legit.ng.
Africans borrowed $3.18bn airtime on credit in 2025 as fintech lending surged, driven by Optasia’s expansion and rising demand for mobile-based credit services.
2 hours agoMobile phone subscribers in Nigeria and other emerging markets borrowed $3.1bn worth of airtime on credit in 2025, with Africa dominating the market. Read More: https://punchng.com/nigerians-others-buy-3-1bn-airtime-on-credit/
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