• Nigeria's total capital imports surged to $23.2bn in 2025, the highest level recorded in the entire 2014 to 2025 period.
• Foreign Portfolio Investment dominated in 2025, claiming 85 cents of every dollar imported, up sharply from 68% in 2024.
• Foreign Direct Investment has remained consistently weak, never exceeding 20% across all eleven years, and falling to just 4% in 2025.
• The "Others" category, which peaked at 61% in 2023, has collapsed to just 11% in 2025, reflecting a dramatic shift toward portfolio-driven capital flows

• Inflows surged from $3.9B in 2023 to $23.2B in 2025, near the all-time record.
• Banking and financing captured 87% of all inflows.
• Agriculture got $167M, oil and gas $18M, and construction $6M, .
• The recovery is real, but it is not yet reaching ordinary Nigerians.

• North America leads globally with 60.2% iPhone usage, making it the largest iPhone market.
• Oceania follows at 58.9%, showing similar consumer preferences to North America.
• Africa has the lowest iPhone share (14.7%), highlighting a significant adoption gap.
• Nigeria aligns with the continental trend at 14.1%, reinforcing that the gap is structural, not country-specific.

Key takeaways:

• Nigeria recorded its first crude oil imports in a decade in 2025, marking a structural shift in trade dynamics.
• Imports accounted for 11% of total crude oil trade in 2025.
• Total crude oil trade grew sharply from ₦7 trillion in 2016 to ₦53.2 trillion in 2025, indicating long-term expansion.
• Exports remain dominant, contributing ₦47.4 trillion in 2025 despite the emergence of imports.
• 2024 was the peak year for crude oil trade at ₦55.3 trillion, followed by a slight decline in 2025.
• The 2020 dip of ₦9.4 trillion highlights vulnerability to global shocks, likely tied to oil price and demand disruptions.

• Nominal spending surged, but inflation and naira depreciation eroded real gains. From ₦921 billion in 2012 to ₦6.57 trillion in 2025, the absolute figure may seem dramatic, but Nigeria's security challenges intensified over the same period.
• Defence commanded over 21% of the budget in 2013. From 2024 to 2026, that figure has fallen below 14%, with 2026 hitting a historic low of 9.3%.
• Boko Haram, banditry, and separatist tensions peaked in 2020, resulting in a cut that saw defence's share fall to just 9.2%, the lowest on record at that point.
• The jump to ₦6.57trn (13.2%) in 2025 marks the sharpest year-on-year absolute increase in the dataset. But 2026 reversed this again, with the rate dropping to 9.3%.

• The 2019 number revealed the truth — years of underdiagnosis were corrected in a single year when PEPFAR restructured testing entirely.
• The 76% decline from 2019 to 2024 is one of the most significant HIV reductions in Africa in a single decade.
• One year of disruption in 2020 erased an entire year of progress, creating a backlog that took until 2022 to clear.
• With PEPFAR's $1.2 billion pipeline cut, fewer Nigerians are being tested, meaning fewer cases appear on paper while the virus spreads undetected.

• Nigeria recorded the largest petrol price increase in Africa, rising 39.5% between February 23 and March 16, 2026.
• Egypt experienced a 14.3% increase, making it one of the largest price jumps in Africa.
• Nigeria’s increase is more than double that of Egypt.
• A number of African countries recorded very small price changes, including Tanzania (2.7%), Morocco (2.1%), and South Africa (1%).
• A few countries actually saw declines in fuel prices, including Madagascar (-3.9%) and Zambia (-4.6%).
• During the period, petrol prices remained unchanged in 28 African countries.

• 13 out of 35 AFCON tournaments (37.1%) have been won by host nations
• A larger share — 22 tournaments (62.9%) — were won by visiting teams.
• The early AFCON years (1960s–1980s) saw more frequent home wins compared to recent decades.
• Egypt has the most home-soil victories (3), followed by Ghana (2)
• Despite high expectations, several hosts have failed to win.
• Hosting provides crowd support and familiarity, but also brings heightened expectations and pressure.

• Bola Tinubu won the 2023 election with just 36.6% of the valid votes.
• There is a clear downward trend in winners’ vote share since 2011, with each election producing a less dominant winner.
• Peak dominance occurred in 2007, when Umaru Musa Yar'Adua won with 69.6% of the votes.
• The total votes secured by winners have dropped sharply, from over 24 million (2003–2007) to 8.8 million in 2023.
• In 2023, over 60% of valid votes went to candidates who lost.

• Nigeria’s youngest serving governor is Usman Ahmed Ododo of Kogi state at 48 years old.
• The oldest serving governors are Bala Mohammed and Hope Uzodimma, both aged 67.
• President Bola Ahmed Tinubu is 73 years old, making him older than every sitting governor.
• Tinubu is 25 years older than the youngest governor and six years older than the oldest governors.
• A number of governors are in their late 50s, including Seyi Makinde, Hyacinth Alia, and Ahmadu Umaru Fintiri.
• The age distribution suggests that Nigeria’s state leadership is largely dominated by experienced, older political figures rather than younger politicians.

• The All Progressives Congress (APC) currently controls 31 out of Nigeria’s 36 state governors' seats.
• This means about 86.1% of Nigeria’s governors belong to the APC, showing the party’s strong dominance at the state level.
• Only five states are governed by parties other than the APC.
• The People's Democratic Party governs two states, making it the largest opposition presence among governors.
• The Labour Party, APGA, and Accord Parties control one state governorship each.
• With most states now aligned with the ruling party, the balance of political power at the state level in Nigeria is heavily tilted toward the APC.

• Crude oil alone accounts for 55.7% of all exports. Remove it and Nigeria runs a ₦26.7tn trade deficit. The entire surplus rests on one commodity.
• Nigeria imports ₦31.97tn in manufactured goods but exports only ₦2.50tn, a 12-to-1 ratio that reflects near-total dependence on foreign industrial output.
• Nigeria exports ₦25.3tn in petroleum products yet imports ₦13.3tn of refined petroleum. Africa's top oil producer still can't fully process its own crude.
• Despite Nigeria's vast farmland, agri-exports (₦5.07tn) barely exceed agri-imports (₦4.76tn). The sector earns almost nothing net.