Bite-sized Insights about
 
Providing you with data-based insights about things happening around you.
Popular Insights
  • In 2023, Nigeria emerged as the second-largest source of UK work visa applications, with 92.7k applications, trailing only India (171.8k). This places Nigeria ahead of other countries like the Philippines (29.5k), Ghana (36.2k), Pakistan (48.4k), and Zimbabwe (50.3k).

    Nigeria, Zimbabwe, and Ghana were the top African countries seeking work in the UK in 2023.

    See more

    INEC has started its continuous voter registration against the 2023 general election. In 2019, 21% of Nigeria’s voting-age population did not register to vote.

    See more
  • A Trend of Adult literacy rates of African countries

    Between 2018 and 2021, adult literacy rates across African nations exhibited significant disparities. Seychelles and South Africa led with literacy rates of 96% and 95%, respectively, indicating a high proportion of literate adults. Conversely, Chad had the lowest literacy rate during this period.

    These statistics underscore the uneven progress in educational attainment across Africa, highlighting the need for targeted interventions to improve literacy in lower-performing nations.

    See more

    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.

    See more
  • Nigeria was the seventh most populous nation in the world in 2020, with 206.1 million people. Projected to reach a population of 401.3 million by 2050, Nigeria will rank third after India (1st) and China (2nd). According to Institut national d'études démographiques' projections, Nigeria, Ethiopia, DR Congo, Egypt, Tanzania, and Kenya will be among the world’s top 20 most populous countries by 2050.

    See more
    Top ten African countries by estimated number of films produced annually

    The Nigerian movie industry, mainly financed via public or private funding and international grants, produces the most films in Africa, yearly. Nigeria produced more than double the number of films that the Ghanaian and Kenyan movie industries produce annually.

    See more

  • Of the $157 million worth of human hair exported globally in 2022, India had the highest share, with almost 90%. The top four, which are Asian countries, accounted for 95%. Here are the world's top human hair exporting countries in 2022.
    See more
  • Only 10% of Nigerians earn above ₦100,000, according to the Nigerian Financial Services Market Report. This aligns with most reports about Nigeria, and it's in sharp contrast to the narratives online.
    See more
  • A Trend of Adult literacy rates of African countries

    Between 2018 and 2021, adult literacy rates across African nations exhibited significant disparities. Seychelles and South Africa led with literacy rates of 96% and 95%, respectively, indicating a high proportion of literate adults. Conversely, Chad had the lowest literacy rate during this period.

    These statistics underscore the uneven progress in educational attainment across Africa, highlighting the need for targeted interventions to improve literacy in lower-performing nations.

    See more

Other Insights
Surfshark's 2023 Digital Quality of Life (DQL) Index surveyed Internet affordability and four other key factors influencing the digital well-being of 121 countries, including 25 from Africa. Per the finding, Angola leads Africa in terms of Internet affordability in 2023.
See more
Data from the Boston University Global Development Policy Center shows that Chinese creditors have loaned African countries $167 billion since 2000, with Angola receiving 27% ($45 billion) of the amount. Ethiopia, Kenya, Zambia, and Egypt complete the top five.
See more
In the past seven years, 9mobile has experienced a consistent decline in its Internet subscriber base, with an average loss of 134k subscribers monthly since June 2016. This decline began after it reached 17.2 million subscribers — its highest ever — in April 2016. As of July 2023, 9mobile's Internet subscriber count was 3.9m. MTN had the largest share (68.1m) of Nigeria's 159m Internet subscribers as of July 2023. Glo and Airtel had almost equal shares, with 43.9m and 42.9m subscribers, respectively.
See more
Nigeria repaid an average of $368m in external debt every year between 2008 and 2017. In 2018, the payments increased by 217% to $1.47b from $464m in 2017, then dropped by 9.4% in 2019, and has since been on the rise. Here are Nigeria's external debt repayments since 2008.
See more

In H1 2023, Nigeria's total trade was ₦24.79 trillion — ₦13.5 trillion worth of exports and ₦11.29 trillion imports. Here are Nigeria’s trading partners by region in H1 2023.

See more
In June 2023, Nigeria exported goods worth ₦3.026 trillion and imported goods worth ₦1.285 trillion, resulting in a trade surplus of ₦1.74 trillion. This came after a trade deficit of ₦653 billion in May 2023. Here is Nigeria's trade balance since July 2022.
See more

Nigeria added ₦23.9 trillion to the debt it owes creditors within the country as of Q2 2023, its external debt on the other hand increased by 1.14% from $42.7 billion to $43.2 billion.

See more

Nigeria has added ₦23.9 trillion to the debt it owes creditors within the country as of Q2 2023. As of June 2023, the country's domestic debt had risen from ₦30.2 trillion in March to ₦54.1 trillion, a 79% increase.

See more
While revenue continued to decline in 2022, the Nigerian Postal Service (NIPOST) witnessed a remarkable turnaround in its mail handling operations in 2022, handling two times what it did in 2021, the first growth in handled mails recorded since 2016.
See more
Between 2017 and 2022, the Nigerian Postal Service (NIPOST) recorded 1.4% revenue growth only in 2018. NIPOST's revenue has gradually declined from ₦8.8 billion in 2016 to ₦3 billion in 2022, representing a 66% drop. Here are NIPOST's revenues since 2016.
See more
African countries grew their presence in the global chocolate industry in 2022, with Nigeria's export value increasing by 652%. Here are Africa's top chocolate exporting countries in the past year.
See more
Nigeria's government collected ₦2 trillion in corporate income tax in H1 2023, with a spike from ₦469 billion in Q1 to ₦1.53 trillion in Q2. The corporate tax payments for H1 2023 are higher than any full-year collections from 2015 to 2021.
See more
1 100 101 102 103 104 107
International Women's Day 2025
  • There are nearly 600 million women aged 15-24 worldwide, with 90% living in low- and middle-income countries (LMICs), making them a significant share of the global population.
  • 37 countries grant women less than half of the legal rights of men, affecting 500 million women, while globally, women enjoy less than two-thirds of the legal rights available to men.
  • Closing the gender gap in employment and entrepreneurship could boost global GDP by over 20%, and eliminating the gap within a decade could double the global growth rate.
  • Women hold just 1 in 5 corporate board positions, partly because less than 20% of countries require gender-sensitive public procurement, excluding them from a $10 trillion-a-year opportunity.
  • Women earn only 77 cents for every $1 paid to men, while 92 countries lack equal pay laws. Additionally, 20 countries prohibit women from night work and 45 ban women from “dangerous” jobs.
  • By 2030, an estimated 8% of the world’s female population (342.4 million women and girls) will still live on less than $2.15 a day, with 220.9 million in sub-Saharan Africa.
  • Climate change could push 158.3 million more women and girls into poverty by 2050, which is 16 million more than men and boys under a worst-case scenario.
  • By 2020, food insecurity was projected to impact 236 million more women and girls, compared to 131 million more men and boys.
  • By 2050, women will still spend 2.5 times more hours per day on unpaid care work than men. If valued monetarily, women’s unpaid labor could exceed 40% of GDP in some countries.
Read more
Suspected diphtheria cases reported in Nigeria (2022 - 2025)
  • With 24,062 cases, Kano accounts for the highest number of suspected diphtheria cases, making up a significant portion of the total outbreak in Nigeria.
  • Yobe recorded 5,330 cases, while Katsina had 3,939 cases, reinforcing the concentration of diphtheria in northern states.
  • Bauchi and Borno report similar case counts, with 3,066 and 3,035 cases, respectively.
  • Kaduna (777 cases) and Jigawa (364 cases) report fewer cases but remain part of the seven states contributing to 96.6% of the outbreak.
  • Other states combined report 1,405 cases, showing that diphtheria is largely a regional issue.
  • Northern states dominate the case count, signaling potential regional healthcare and vaccination disparities.
Read more
Nigerian financial institutions’ contribution to GDP (2016–Q1 2024)
  • At 6.40%, financial institutions now contribute more than ever to Nigeria’s GDP.
  • From 3.60% in 2022 to 6.40% in Q1 2024, the sector’s share has nearly doubled in record time.
  • Between 2016 and 2019, the financial sector's contribution remained mostly flat at 2.60%–2.70%, showing little progress.
  • The financial sector started expanding post-2019, aligning with increased fintech adoption, digital banking growth, and financial inclusion policies.
  • The increasing role of financial institutions suggests more businesses and individuals are engaging with formal banking systems.
  • Despite economic uncertainties, Nigeria’s financial sector has successfully adapted and expanded, proving its ability to drive growth.
Read more
Number of countries anticipated to either have sufficient or shortage of primary school teachers by region (2030)
  • Sub-Saharan Africa has the highest number of countries (37) expected to face a teacher shortage at the [primary levels.
  • In Latin America & the Caribbean, 18 countries are expected to have enough primary teachers.
  • Europe & Northern America is one of the best-performing after Latin America & the Caribbean, with 17 countries expected to meet primary teachers' demand.
  • If this trend continues, millions of children will struggle to access quality primary education, reinforcing cycles of poverty and limited economic mobility.
  • A lack of teachers doesn’t just mean fewer classrooms; it also means overburdened educators, lower student engagement, and declining educational outcomes.
Read more
Key Takeaways:
  • Nigeria's total revenue decreased from 17.73% of GDP in 2011 to 9.09% in 2022.
  • The lowest point for the country’s revenue occurred in 2016, at only 5.12% of GDP.
  • Although there has been some recovery since 2016, revenue still falls well below the levels seen before 2015.
  • The sharpest decline took place between 2011 and 2016, with revenue dropping by over 12 percentage points.
  • In 2020, during the COVID-19 pandemic, there was a significant drop to 6.52%, followed by a period of recovery.
Read more
1 100 101 102 103 104 214

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