People above 40 stay longer with companies

Only a small share of workers under 30 spend more than three years with a company. This trend changes with an increase in age range and explains why employees in Nigeria above 40 are more likely to remain with a company for extended periods than younger workers.

Source:

The Nigerian Workplace Report

Period:

2023/2024
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While Sudan records the highest coup attempts in Africa (18), West African nations account for 9 of the top 15 list
  • Sudan ranks highest in Africa with 18 coup attempts, the most in the continent since 1950.
  • Burkina Faso, Burundi, and Sierra Leone follow closely with 11 attempts each.
  • Ghana and Guinea-Bissau have each experienced 10 coup attempts, ranking among the top six.
  • West Africa remains the most coup-prone subregion, accounting for 9 of the top 15 coups in the region.
  • Africa has witnessed 226 coup attempts between 1950 and 2025.
  • Most coup-prone countries share traits like weak institutions, governance failures, and economic hardship.
Nigeria's age dependency ratio for the young dominates that of the old, on average, at 14:1
  • The young-to-old dependency ratio stands at 14:1, showing that youth dependency overwhelmingly drives the total ratio.
  • The total dependency ratio declined from 88.2% in 1976 to 78.8% in 2024, showing slow but steady improvement.
  • The youth dependency ratio has dropped from 82.2% to 73.3% over the same period.
  • The old-age dependency ratio remained almost flat, averaging around 5–6% for nearly 50 years.
  • The highest total dependency ratio was 95.0% in 1988.
  • The ratio’s slight downward trend after 2012 reflects a growing working-age population entering the labour market.
Six of the ten countries with the lowest share of older populations are in Africa
  • Qatar has the lowest share of seniors, with only 1.7% of its population aged 65+.
  • The UAE follows closely at 1.8%.
  • Zambia has 2.0% of its population aged 65 and above, totalling about 438,000 people.
  • Uganda, Chad, and the Central African Republic each have a senior population of around 2.1–2.2%, with totals exceeding 1 million seniors.
  • Qatar also has the smallest absolute number of seniors on the list—just 53,000 people.
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  • The Central African Republic has the youngest population, with a median age of 14 years.
  • Nigeria’s median age of 18 years reflects the dominance of youth in its population.
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  • Younger populations highlight higher fertility rates and greater demand for education and jobs.
Over the last 76 years, Africa's population has increased from being less than half (228M) that of Europe to doubling Europe (1.6B)
  • Africa’s population grew by 580.4%, from 228M in 1950 to 1.6B in 2025, making it the fastest-growing continent.
  • Asia remains the most populated continent, reaching 4.8B people in 2025, up from 1.4B in 1950.
  • Europe’s growth has been the slowest, at just 35.6%, rising from 549M to 744M.
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  • North America more than doubled its population, growing by 130.7% from 168M to 388M.
  • Oceania saw a 270% increase, though it remains the least populated continent at 47M people.
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