Nigeria - Intelpoint

Search results for

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.

Libya maintains its position as the cheapest fuel market in Africa with just $0.028 per litre.
Nine out of ten countries have fuel prices under $1 per litre, signalling widespread affordability across much of the continent.
Nigeria, despite partial subsidy reforms, still ranks among the cheapest with fuel priced at $0.586 per litre.
DR Congo is the only country in the top 10 where fuel costs exceed $1 per litre, standing at $1.039.
Ethiopia and Liberia are the only non-oil-producing countries among Africa’s top 10 cheapest fuel markets.

Only three nations, Nigeria, Equatorial Guinea, and South Africa, have won the Women’s Africa Cup of Nations since it began in 1998.
Nigeria leads with nine titles, claiming the trophy in 1998, 2000, 2002, 2004, 2006, 2010, 2014, 2016, and 2018.
Equatorial Guinea captured the title twice, in 2008 and 2012.
South Africa won its first title in 2022 to become the third country to lift the trophy.

The United States dominates with 7 wins from 4 different athletes: Harper-Nelson (5), Carruthers (1) and McNeal (1).
Tobi Amusan of Nigeria is the only African and second-most decorated athlete, winning 3 consecutive titles (2021–2023).
Only 8 women from 6 countries have won the event in the last 15 years.
Dawn Harper-Nelson (USA) holds the record for most titles – five between 2012 and 2016.
Jasmine Camacho-Quinn (Puerto Rico) broke through in 2024, becoming the most recent champion and the first from her nation to do so.

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.

Total Spotify streams for the top 10 Nigerian songs hit 316.4 million, signalling another milestone for Nigeria’s digital music dominance.
Rema’s ‘Baby (Is it a crime)’ topped the chart with 53.4M streams, standing well ahead of the next closest, ‘Laho’.
All 10 songs recorded over 316M streams combined, showing depth in audience engagement beyond just the top few hits.
Shallipopi entered twice with ‘Laho’ (48.1M) and ‘Laho II’ (18.6M), showing the success of follow-ups and fan loyalty to a sound.

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.

Morocco leads Africa in FIFA rankings with 1694.24 points, placing 12th globally, signalling its sustained excellence on the international stage.
Senegal (1630.32 pts) and Egypt (1518.79 pts) are the next top African teams, ranked 19th and 32nd globally, respectively.
The point gap between top teams is significant: Morocco leads Nigeria (1481.35 pts) by over 210 points, reflecting performance consistency.
Five of Africa’s top 10 teams are from North Africa, showcasing the region’s dominance in tactical strength and international success.

Migrants living in Nigeria sent out over $3.2 billion in personal remittances between 2000 and 2023.
The year 2015 recorded a sharp and unusual outflow of $1.04 billion, the highest by far in the entire 24-year span.
After 2015, remittance outflows sharply declined, stabilising below $100 million from 2018 onward.
Prior to 2015, outflows were consistently under $110 million annually, indicating a major anomaly in that spike year.

Nigeria received a total of approximately $430 billion in remittances between 2000 and 2023.
The highest amount recorded was in 2018, when remittances peaked at $24.31 billion.
In 2020, inflows dropped significantly to $17.21 billion due to the global COVID-19 crisis.
Between 2021 and 2023, remittances remained stable, averaging around $19.7 billion per year.

1 2 3 … 31 Next