IXPN Hits 500 Gbps Peak Local Internet Traffic Milestone, Targets 1 Tbps by End of 2024

Mr. Muhammed Rudman, Chief Executive Officer of Internet Exchange Point of Nigeria (IXPN) says that peak Internet traffic on its infrastructure has witnessed significant growth ranging  from 300Gbps last year to 500 Gbps this year, he also noted its ambition to increase the traffic to 1 terabyte by the end of 2024.

Disclosing this in a statement in Lagos, Rudman attributed the milestone to adding several global and local content providers exchanging traffic locally via the exchange point.

The statement disclosed that IXPN has over 120 connected members, which includes some of the global content networks such as Amazon, Netflix, Microsoft, Google, and Meta, as well as all Mobile Network Operators in Nigeria, Internet Service Providers (ISPs) and other network operators in the country.

“We are delighted to report that IXPN has passed the 500 Gbps peak local Internet traffic threshold. This is attributed to the deployment of robust infrastructure in all our locations across the country, with little or no downtime throughout our years of operation.” the statement reads.

A report by the Internet Society (ISOC) about IXPN and Kenyan IXP revealed that in early 2020, the port charge at IXPN was US$0.428 per month per Mbps (for a 1 Gbps port), while the cost of international IP transit is US$27.45 per Mbps per month (also for 1 Gbps capacity).

The report added that to be able to access traffic or content at IXPN thus costs about US$27 less per Mbps per month than it would be accessing it abroad, and given the amount of traffic exchanged in 2020, this is a savings of over US$40 million per year.

Mr. Rudman declares that these savings have resulted in numerous ISPs expanding their businesses and creating opportunities for new ISPs to enter the market, resulting in an increase in local total internet traffic. Mr. Rudman went on to say that the domestication of Internet traffic in Nigeria implies that accessing local content guarantees that traffic does not leave Nigeria through international upstream providers. Thus, helping to save Forex, especially in the wake of the recent FX crisis, which has put a strain on most businesses.

“We believe that hosting content locally is the way to go as it is the only way to grow capacity and technical competence within Nigeria thereby creating more jobs for the populace,” he added.

IXPN presently boasts of having multiple locations across Nigeria, making its services easily accessible thereby allowing local service providers to save costs through peering. This situation many industry watchers and analysts believe is a display of IXPN’s commitment to providing excellent services with high availability.