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Globacom's internet subscriber base dropped by nearly 64% in 2025 to 15.8 million from its 2023 peak
Key Takeaways:
  • MTN remains the market leader, growing from 26 million subscribers in 2013 to 75 million by early 2025.
  • MTN's market share was 53.10% in early 2025, with over 75 million active data subscribers.
  • Airtel saw consistent growth, rising from 8.2 million in 2013 to 48.7 million in 2025, now commanding over 34% market share.
  • Globacom’s data subscriber base peaked in 2023 at 43.7 million but fell sharply by 2025 to 15.8 million.
  • 9mobile's market share in 2025 dropped to just 1.29% from its 2016 peak of 16.31%.
  • Globacom’s market share dropped significantly from its peak of 29.27% in 2017 to 11.16% in 2025.
  • Airtel doubled its market share from 18% in 2013 to 34% in 2025.
  • 9mobile's data subscriber base crashed by 88% from its 2016 peak to less than 2 million in 2025.

Despite volatility, Nigeria's kola nut production reached 188,700 tonnes in 2023, a 117.7% increase from the 1994-2006 average
Key Takeaways:
  • In 2023, Nigeria's kola nut production reached a peak of 188,703.54 tonnes.
  • Following a decline in production from 1994 to 2006, production rose dramatically from 2007 onwards.
  • Between 1997 and 2001, production was lowest, at only 82,000 tonnes.
  • The 2010s saw steady growth, fuelled by increased agricultural investment and possibly rising domestic or export demand.
  • The average production from 1994 to 2006 was 86,698.12 tonnes.

Male students account for 68% of the 552,009 Nigerian education loan applicants as of May 2025
  • Male applicants dominate the Nigerian student loan landscape with 374,946 accounts, representing 68% of total applications.
  • Female applicants trail behind at 177,063, contributing just 32% to the total loan accounts.
  • For every 10 students who applied, approximately 7 are male and 3 are female.
  • The gender gap in student loan uptake is 197,883, with males nearly double the number of female applicants.

Over the past 30 years, Kenya has topped global elephant ivory seizures. Nigeria ranks 7th with 23,031 kg confiscated
  • Kenya recorded the highest ivory seizure among the top 10 countries, with 130,432 kg confiscated over the 34-year period.
  • China and Hong Kong follow closely, with 106,069 kg and 75,707 kg seized, respectively, showing their long standing roles as critical players in the global ivory network.
  • Vietnam and Singapore, both located in Southeast Asia, had substantial seizure records; 71,256 kg and 29,882 kg, indicating persistent trafficking through the region.
  • Nigeria leads West Africa in ivory confiscations within the top 10, with 23,031 kg, signalling its importance as a key node in the transit chain.
  • All countries listed in the top 10 are either source, transit, or destination points in the global ivory supply chain, reflecting how widespread and interconnected the illegal trade remains.

9mobile's subscriber base declined from a peak of 23.5 million in September 2015 to less than 3 million by April 2025, representing an 87.4% loss
Key takeaways:
  • In September 2015, 9mobile had a peak subscriber base of 23.49 million.
  • After reaching that peak, its subscriber base fell steadily in late 2015.
  • The most drastic reduction happened between February and April 2024, with nearly 5 million customers lost in just three months.
  • 9mobile has lost more than 20 million customers since its peak in September 2015.
  • More than 10 million subscribers were lost between January and April 2025 (>78%).
  • 9mobile customers increased significantly until 2015, then steadily declined, with a steep reduction after 2023.
  • The subscriber base was mostly steady from January 2020 to February 2024.

9mobile lost more than 110,000 users porting to other providers in 47 months, with the largest outflow exceeding 5,000 users between July 2024 and April 2025
Key Takeaways:
  • September 2024 saw the most outbound departures (7,127), followed by January 2025 (6,716 losses).
  • From June 2021 to April 2025, the network saw a steady and increasing loss of consumers to other suppliers.
  • The outflow has accelerated considerably since mid-2023, showing growing subscriber dissatisfaction or more appealing options.
  • The largest monthly outflows occurred between July 2024 and April 2025, when more than 5,000 subscribers left on a consistent monthly basis.
  • Early 2021 numbers were extremely low, with only 323 ports in June and July 2021.
  • The number of subscribers transferring out decreased dramatically between September 2024 and December 2024, before peaking again in January 2025.
  • Monthly port-outs rose from 323 in June 2021 to 7,127 in September 2024, an approximately 2,107% increase.

On average, over 75% of subscribers that switched networks ported from 9mobile, peaking at over 90% in September 2024
Key Takeaways:
  • 9mobile consistently tops the port-out chart, averaging over 75% of all outgoing ports over 24 months.
  • The highest subscriber loss from 9mobile occurred in September 2024, with 90.38% of all ports.
  • Airtel and Globacom show relatively stable port-out shares, rarely crossing 15%, with occasional surges. MTN has the lowest overall port-out rates, peaking at 13.64% in January 2025.
  • Total port-outs to other service providers surged by 127%, from 2,992 in May 2023 to 6,789 in April 2025.
  • The highest port transfer to another provider occurred in September 2024, with 7,886 total departures, and 9mobile recording 7,127 losses (90.38%).
  • Globacom’s outflow increased sharply from the July 2023 low, reaching 18.16% in April 2025.
  • Airtel maintained relatively low but fluctuating port-out rates, hitting its highest at 14.61% in October 2023.

Nigeria ranks 7th among Europe’s crude oil suppliers, peaking at 0.54 million barrels per day
  • The USA leads the suppliers with 1.40 million barrels/day, making it the largest single contributor to the EU’s crude oil imports in 2024.
  • Norway and Kazakhstan follow closely, delivering 1.10M and 1.05M b/d respectively, together accounting for over 24% of the EU’s total imports.
  • Nigeria ranks 7th, contributing 0.54M b/d, which is 5.9% of total EU crude oil imports, ahead of Brazil and the UK.
  • The top 6 suppliers (USA to Iraq) delivered 5.45 million b/d in total, representing nearly 60% of the EU’s crude oil demand.
  • The rest of the world, not listed among the top 10, contributed 2.24M b/d, underscoring the EU’s diversified sourcing strategy.

MTN Nigeria leads the number of subscribers porting in with an average of 62% annually, peaking at 5,551 in January 2025
Key takeaways:
  • MTN continuously received the most ported-in subscribers, particularly from 2023 to 2025.
  • MTN ported-in subscribers increased from 616 in June 2021 to 5,551 in January 2025.
  • Airtel subscribers from other networks expanded from 360 to 2,414 port-ins (567%) throughout the same period.
  • Airtel experienced significant growth in August-September 2024 and January 2025, with over 2,000 port-ins monthly.
  • Globacom's performance remained low, with fewer than 1,000 port-ins throughout the period.
  • The high number of subscribers switching to MTN indicates a stronger customer preference for MTN, most likely owing to perceived quality or promotional incentives.

Dangote Refinery led with a capacity of 650,000 barrels per day, representing almost 67% of Nigeria’s total functional refining capacity in early 2025
Key takeaways:
  • As of January to June 2025, Nigeria had nine operational refineries.
  • Dangote Petroleum Refinery is the largest, with a capacity of 650,000 barrels per day (bpd).
  • The total combined capacity of all functional refineries is almost 975,000 bpd.
  • Government-owned refineries, Warri, Kaduna, and Port Harcourt (old), collectively have a capacity of 295,000 bpd.
  • Out of 27 licensed refineries by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), only nine were operational during this period.
  • Other operational refineries such as Aradel, OPAC, Edo, Waltersmith, and Duport Midstream collectively have a capacity of 29,500 bpd.

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