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Road accidents declined by 53% between Q3 2020 and Q3 2024.
Q4 2022 recorded the highest number of accidents, with 4,835 reported cases.
Q3 2024 had the lowest number, with just 1,945 accidents.
Speed violation remains the leading cause of road accidents in Nigeria.
Ogun, FCT, Kaduna, and Nasarawa consistently rank among the top four states with the highest accident occurrences.
Bayelsa, Borno, Imo, Rivers, and Akwa Ibom regularly report the lowest number of accidents each quarter.
Commercial vehicles are the most frequently involved vehicle category in accidents.
Cars account for the highest number of individual vehicle accidents.

The Federal Capital territory (FCT) recorded the highest number of road accidents between Q3 2020 and Q3 2024, with a total of 8,133 accidents, accounting for 12.42% of total accidents.
FCT, Ogun, Nasarawa, and Kaduna consistently ranked among the top four states with the highest accident occurrences.
Bayelsa, Borno, Akwa Ibom, Rivers, and Imo were among the states with the lowest number of recorded accidents each quarter.

FDI inflows peaked in 2011 at $8.91 billion, the highest in the 35-year period.
Between 2005 and 2012, Nigeria saw a sustained boom in FDI, with seven consecutive years above $4 billion.
In 2018, Nigeria recorded its lowest FDI inflow in decades at just $0.78 billion.
By 2024, FDI stood at $1.08 billion, down 88% from its 2011 peak, reflecting declining investor interest or changing investment climates.

The South West generated ₦929.86B, over half of Nigeria’s total VAT, but received only ₦258.19B, amounting to ₦1 back for every ₦3.60 contributed.
The North West contributed just ₦68.05B but received ₦176.73B, meaning it got back ₦2.60 for every ₦1 generated.
The South South, the second-highest contributor at ₦364.99B, got back ₦171.18B, just ₦1 for every ₦2.13 generated.
The three southern zones together contributed ₦1.32 trillion in VAT, nearly 90% of the national total, but received less than half of it back.
Zones with the lowest generation (North East and South East) received 3 to 4 times their contributions.

Lagos led the nation with ₦819.62B VAT, over 45% of the total generated by all 36 states combined.
Rivers followed distantly with ₦278.23B, around 34% of Lagos’s VAT haul.
Only five states (Lagos, Rivers, Oyo, Bayelsa, Kano) generated over ₦21B in Q1 2025.
22 states generated below ₦10B, with 13 of them earning less than ₦6B in VAT.
Northern states like Katsina (₦5.96B), Yobe (₦5.81B), and Kebbi (₦5.13B) trail significantly in VAT contributions.
Abia, Cross River, Imo, and Taraba sit at the bottom, each with under ₦3B in VAT returns.

Key Takeaways:

Aradel Holdings led with ₦247.79 billion in PAT, marking a 361% year-on-year growth.
Oando and Seplat Energy followed with ₦220.12 billion and ₦214.25 billion in PAT, respectively.
Eterna Plc recorded a significant turnaround with 114% year-on-year growth, recovering from a loss in 2023.
The sector experienced widespread profitability gains, reflecting stronger market dynamics and operational improvements.
Profit after tax growth across the sector ranged from 15% to 361%.
Nigeria's oil & gas sector delivered a combined profit totalled ₦730 billion in 2024.

Key Takeaways:

The sector’s total PAT rose by 28% from ₦31.68 billion in 2023 to ₦40.49 billion in 2024.
Chapel Hill Denham Nigeria Infrastructure Debt Fund remained the top earner with ₦19.59 billion, despite a modest 4% year-on-year decline.
Julius Berger and UPDC REIT also posted strong profits, contributing significantly to the overall performance.
UPDC Plc recorded the strongest profit growth, surging by nearly 278% from ₦221.5 million in 2023 to ₦836.9 million in 2024.
Ronchess Global Resources Plc significantly narrowed its losses by over 64%, though it remained in negative territory.

Key Takeaways:

Seplat Energy recorded the highest EPS in 2024 at ₦385.61, up from ₦92.75 in 2023.
Aradel Holdings posted the strongest growth, with a 361% increase in EPS from ₦12.37 to ₦57.03.
Eterna PLC reversed its negative EPS in 2023, reporting ₦1.03 in 2024.
All listed companies reported positive earnings in 2024, compared to 2023.
Three companies grew their EPS by more than 200%.

Key Takeaways:

SFS REIT reported the highest EPS in 2024 at ₦21.50, up from ₦14.50 in 2023.
UPDC Plc achieved the most significant growth, with EPS rising fivefold from ₦1.00 to ₦5.00.
Most companies posted improved EPS, reflecting stronger earnings and better shareholder returns.
Ronchess Global Resources reduced its loss per share by 68%, from -₦71.50 to -₦23.15.
Julius Berger and UPDC REIT recorded steady EPS growth of 23% year-on-year.

Key Takeaways:

Meyer Plc recorded the highest EPS in 2024 at ₦59, up from ₦47.
Beta Glass had the largest year-on-year EPS growth, more than doubling from ₦10.74 to ₦22.71.
Among cement producers, Dangote Cement led with EPS rising to ₦29.74 from ₦26.47.
Notore Chemical Industries reduced its losses by 33%, improving EPS from -₦70.87 to -₦47.45.
Most listed firms recorded higher EPS, indicating improved profitability and operational efficiency.
Lafarge Africa, CAP Plc, and Berger Paints reported steady EPS growth.
Notore Chemical remained the only company with a negative EPS.
Austin Laz & Co maintained a flat EPS of zero for both years.

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