In 2023, global vehicle production surged, led by China with over 30 million vehicles — a 12% increase from 2022.
The US and Japan followed, holding 11% and 10% shares, respectively.

Global output rose 10%, reaching 93.55 million vehicles, up from 85.02 million in 2022.

Only two African countries — South Africa and Morocco — made the top 25, highlighting the continent's developing automotive sector.

Nigeria: The best WAEC results in the last nine years were recorded between 2021 and 2023, with many students getting at least five credits, including in mathematics and English.

However, 2024 saw a decline, with 72.1% following 79.8% in 2023.

The Nigerian Workplace Report indicates that over 50% of Nigeria’s working population earns less than ₦200,001 monthly. It further highlights that individuals earning above ₦600k are among the top 10% earners.

Over the past seven years, West Africa has consistently been Jumia Group's top market, contributing at least 43% of the company's total revenue. In contrast, regions like East and South Africa have not exceeded a 21% revenue contribution in any single year within this period.

Argentina's inflation rate dropped to 209% in September 2024 from 237% in August, slightly easing costs. Despite this, the South American country still has the highest inflation rate of the 184 countries and territories ranked.

Nigeria's inflation rate stands at 32.7%, ranking 9th globally and 4th in Africa after South Sudan, Zimbabwe, and Malawi.

Private institutions represent the largest share of Nigeria’s higher education sector, accounting for half of the universities and polytechnics in the country.

Between 2000 and 2023, Africa received $182 billion in Chinese loans, primarily for energy and transportation development.

Angola, with 25%, was the largest recipient; Ethiopia, Egypt, Nigeria, and Kenya followed.

While 49 countries benefited, experts warn of increasing debt risks.

Over the years, Nigeria has seen significant increases in electricity revenue.

Revenue surged from ₦129 billion in 2015 to ₦683 billion in H1 2024, while the number of customers has doubled from 6.5 million to 13 million.

This 428% increase in revenue highlights rising consumption and tariff hikes.

In 2017, MTN Uganda recorded a 58% increase in profit with only a 9% revenue increase. On average, the telco had an 18.2% yearly increase in profit between 2016 and 2023, while revenue growth was at 9.2% yearly.

The population of Nigerian-born immigrants in the US has more than doubled in nearly two decades, growing at an average rate of 4.8% per year.

By 2023, the number reached 476k, up from just under 200k in 2006 — a 141% growth.

Nigeria has been leading Africa in immigrant numbers in the US, ranking 22nd globally.

Rising immigrant numbers could strengthen remittance flows back to Nigeria.

In 2023, the US immigrant (foreign-born) population reached an estimated 47.83 million, a 3.6% increase from 46.18 million in 2022, with Mexico leading as the top country of birth for immigrants, contributing nearly 23% of the total.

India, China, and the Philippines follow, with significant communities from El Salvador, Cuba, and Guatemala.

Ten states in Nigeria account for 67% of all commercial bank branches. Lagos has over 1,000 branches, while no other state has more than 350. Thirteen states have less than 50 branches each, and Yobe, Ebonyi, and Taraba each have less than 25.