Bite-sized Insights about
 
Providing you with data-based insights about things happening around you.
Search results for
Nigeria is the 11th happiest country of 40 African countries surveyed as of 2024 and 102nd in the world
Nigeria has ranked the 102nd happiest country of 143 countries surveyed globally as of 2024; it ranked 11th of 40 African countries.​ ​​ ​Libya ranked 66th globally and 1st in Africa, followed by Mauritius and South Africa in 70th and 83rd positions, respectively. The World Happiness Report ranks happiness based on GDP per capita, life expectancy, generosity, social support, freedom, and corruption.

Top 15 inflation rates in the world; Nigeria ranks 13th globally, with an inflation rate of 31.7%
Inflation rate in Nigeria increased to 31.7% in February 2024. Nigeria has the 13th highest inflation rate out of 186 countries and territories as of February 2024. The data showcases Argentina leading with 276%, followed by Lebanon and Syria. Seven of the top fifteen are African.

Nigeria: All vehicle categories saw substantial decreases in road accident cases except for luxury bus and bicycle
In 2023, Nigeria experienced an overall decrease of 24% in road accidents compared to the previous year. All vehicle categories contributed to this decline except Luxury Bus, which recorded 13 cases more than in 2022, and Bicycle, which recorded 4 more than in 2022. Commercial vehicles recorded 68% of the total road accidents in the country, followed by private vehicles with 31%; 194 government vehicles and 4 diplomat vehicles were involved in road accidents in the year.

Nigeria's crude oil exports surge to ₦29 trillion in 2023, marking a record high
Crude oil exports, which made up 81% of Nigeria's export value in 2023 have increased in three consecutive years since 2021. After a 36% decline in 2020, exports increased by 53% in 2021, 46% in 2022, and 37% in 2023 to reach ₦29 trillion.

Nigeria: VAT revenue reached ₦3.6t in 2023, more than 7x the amount generated in 2013
Nigeria's VAT revenue has grown every year since 2013, reaching ₦3.6 trillion in 2023. The amount collected in 2023 exceeded 2022’s by ₦1.13 trillion — a 45% increase.

Nigerians received over 7,000 US immigrant visas in 2023
In 2023, 7,383 people from Nigeria were issued US immigrant visas, 33% higher than 5,547 in 2022. Visas issued to skilled workers, professionals, and unskilled workers declined by 66%. Here are the US immigrant visas issued to Nigerians in 2023 by visa class.

Nigerians received 1% of the US non-immigrant visas issued in 2023, ranking 15th on the global list
10.7 million US non-immigrant visas were issued in 2023, 36% more than in 2022, with Mexicans receiving nearly 23% of the total. The top five countries received more than half of the total issuances. Nigeria — 15th on the list — received 1%.

Only 3 African countries had 100% access to electricity as of 2021
Only 8% of South Sudan's population had access to electricity as of 2021, representing Africa's lowest percentage. Although eight countries boasted between 90% and 100% access to electricity, more than 50% of the population of 24 other countries were without electricity.

Chad and Nigeria had the lowest life expectancies in Africa as of 2023
The African countries with the highest life expectancies as of 2023 are: Algeria - 77 years, Tunisia - 77 years, Cape Verde - 77 years, Mauritius - 76 years. The African countries with the lowest life expectancies: Central African Republic - 55 years, Lesotho - 55 years, Nigeria - 54 years, Chad - 54 years.

Pump price of petrol increased by over 200% within two months in 2023
The pump price of petrol in Nigeria increased from ₦189 to ₦617 between May 29, 2023 and July 18, 2023, a 226% increase within two months. The announcement of the removal of petrol subsidy led to a sharp increase in its pump price.

1 15 16 17 18 19 27

Can’t find what you’re looking for? Please fill the form below
Contact Form Demo
SIGN UP TO OUR NEWSLETTER
Get periodic updates about the African startup space, access to our reports, among others.
Subscribe Here
Subscription Form

A product of Techpoint Africa. All rights reserved