Nigeria is now Airtel Africa’s second-biggest market by revenue earned from each subscriber, as higher telecom tariffs boosted earnings in the company’s largest African market. 

Airtel Africa, which operates in 14 countries, grew its average revenue per user (ARPU) in Nigeria by 41.18% for the financial year ended March 2026, according to the company’s financial results released on Friday. 

ARPU measures how much telecom operators earn per subscriber and is a key indicator of whether revenue is sufficient to cover operating costs and fund network investments.