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  • happiness-2024-65fdcc8a1f311

    Nigeria has ranked the 102nd happiest country of 143 countries surveyed globally as of 2024; it ranked 11th of 40 African countries.​
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    ​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.

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    As of 2022, the top five African countries indebted to the World Bank — Nigeria, Egypt, Ethiopia, Kenya, and Tanzania — accounted for 46% of the continent's outstanding debt with the institution.

    Forty-eight African countries collectively owed around $125 billion, representing 31% of the total global debt of $408 billion. These are the top ten countries from 1970 to 2022.

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  • 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.

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    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.

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  • 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.

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    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.

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  • africas-imports-by-country-2022-65bcdbd921bcd

    African countries imported products worth $694 billion in 2022, with South Africa, the continent's leading importer, bringing in products worth $111.9 billion, representing 16.1% of the total. Egypt followed with $79.7 billion, constituting 11.5%.

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  • 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.
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  • 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.

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Other Insights
Age since incorporation of currently listed Nigerian PLCs (as of May 2025)
  • Sterling Financial Holdings Company is Nigeria’s youngest listed PLC, at just 3 years (incorporated October 13, 2021).
  • Access Holdings and GT Holding Company are both only 4 years old, showing how recent banking reforms are shaping listing dynamics.
  • Airtel Africa is just 6 years old as a listed entity, highlighting the recent telecoms push into capital markets.
  • BUA Cement, only 11 years old, reflects how strategic industrial players are now aggressively leveraging public listings.
  • Financial services dominate the young PLCs list, from VFD Group (15 years) to First Holdco, Stanbic IBTC, and FCMB Group—all under 15.
  • Real estate and infrastructure players like UPDC REIT (12 years) and AVA Infrastructure Fund (10 years) show that capital-intensive sectors are increasingly tapping the market early.
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Number of UEFA Champions League wins by football club managers since 1992 (only those with multiple wins)
  • Carlo Ancelotti leads with 5 Champions League wins, making him the most successful manager (in terms of wins) in the competition since 1992.
  • Only three managers have 3 or more wins: Ancelotti (5), Guardiola (3), and Zidane (3).
  • Zidane is the only manager to win 3 consecutive titles (2016–2018) with a single club.
  • José Mourinho has 2 wins with two different clubs—Porto and Inter Milan.
  • Jupp Heynckes also has 2 wins, including Bayern Munich’s 2013 treble season.
  • Ottmar Hitzfeld is one of the few to win with two different clubs (Dortmund and Bayern Munich).
  • Vicente del Bosque, with 2 wins, was instrumental in Real Madrid's early-2000s dominance.
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All-time Premier League top scorers as of 2025
  • Alan Shearer holds the all-time Premier League scoring record with 260 goals.
  • Harry Kane is the second-highest scorer with 213 goals, closing in on Shearer.
  • Wayne Rooney is third with 208 goals, having spent most of his career at Manchester United.
  • Mohamed Salah is the highest-scoring African in Premier League history with 186 goals and still counting.
  • Only 1 goal separates Andrew Cole (187) and Salah (186), showing how tightly contested the rankings are.
  • The gap between the top scorer (Shearer) and the 10th (Defoe) is nearly 100 goals.
  • Of the top 10 scorers, 8 are retired, while Kane and Salah are the only active players still adding to their totals.
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All-time Premier League highest assists as of 2025
  • Ryan Giggs remains the all-time Premier League assist leader with 162 assists.
  • Kevin De Bruyne is second with 119 assists and is still actively playing.
  • Egyptian star, Mohamed Salah, needs 75 more assists to match Ryan Giggs’ record of 162.
  • Despite being known primarily as a goal scorer, Salah has quietly built a strong assist record.
  • Cesc Fàbregas holds third place with 111 assists, most of which came during his time at Arsenal and Chelsea.
  • Wayne Rooney ranks fourth with 103 assists, in addition to being third on the goal-scoring chart.
  • Seven of the top ten assist leaders have also been known for regularly scoring goals themselves.
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  • The U.S. dominates globally with 3,757 data centers, more than 8× any other country in the top 10.
  • Germany and the U.K. follow distantly with 443 and 428 data centres, respectively.
  • No African country makes the top 10, emphasising the infrastructure gap.
  • Africa's top three show modest but notable progress: South Africa ranks 36th (49 data centres), Kenya 54th (18), and Nigeria 56th (16).
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  • The Government of Germany is the largest donor to AfDB’s Africa Climate Change Fund (ACCF), contributing $6.19 million in a single donation in April 2014.
  • The Government of Flanders (Belgium) follows closely with a total contribution of $6.12 million, made in two installments (2016 and 2019).
  • In 2023, the U.S. Department of State joined as a new donor with a contribution of $5.43 million.
  • The current value of the ACCF stands at $36.5 million.
  • To date, the ACCF has supported seven completed projects, 20 under implementation and one cancelled project (originally planned for Sudan).
  • Some completed projects include climate finance readiness initiatives in Eswatini and Côte d’Ivoire, while ongoing efforts feature "Capacity Building for Women Climate Change Negotiators in Eastern and Southern Africa" in Uganda ($950,000) and "Development of long-term low-carbon and climate-resilient development strategies (LTSs)" for Gabon, Liberia, Botswana, and Lesotho ($500,000).
  • The project in Sudan was cancelled due to the conflict in the country.
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  • Funke Akindele holds the record with 5 AMVCA awards, all in the Best Actress in a Comedy category.
    • 2014 – Return of Sheri Koko
    • 2016 & 2017 – Jenifa's Diary
    • 2020 – Moms at War
    • 2022 – Omo Ghetto: The Saga
  •  The AMVCA began in 2013, with no ceremonies held in 2019 (undisclosed reasons) and 2021 (COVID-19).
  • Nigerian actors dominate the AMVCA actor categories, claiming 89% of the awards, followed by Ghanaians (5%), Kenyans (5%), and Somalians (2%).
  • The Best Actress/Actor in a Comedy category was last featured in 2023, won by Bimbo Ademoye for Selina. It was not included in 2024 and 2025 editions.
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Key Takeaways:

  • The Nigerian subscribers' preference trend shows their acceptance of faster networks.
  • 2G's market share dropped significantly from 58.36% in May 2023 to 39.67% in April 2025.
  • 4G adoption rose steadily from 25.06% to 49.27% within the same period.
  • 5G adoption increased by nearly 23-fold from 0.12% to 2.81%, showing the strongest growth rate in the same period.
  • A major transition occurred around May 2024 when 4G adoption jumped from 34% to 43%.
  • 3G gradually declined from 16.46% in May 2023 to 8.25% in April 2025.
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Key Takeaways:

  • Despite substantial net interest revenue (₦2.2 trillion), CBN saw a significant loss of ₦1.15 trillion in 2023.
  • From 2017 to 2019, the bank reported negative net interest income while maintaining profitability.
  • In 2024, profits increased marginally to ₦38.8 billion, following a significant decrease in 2023. 2021 and 2022 were recovery years, with considerable increases in both net interest and profits.
  • Profit decreased by nearly 68% from ₦123 billion (2015) to ₦39 billion (2024).
  • Profit after tax was typically positive, with the exception of 2023, when the institution suffered a significant loss, likely due to naira redenomination.
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Earnings per share of listed agricultural companies in Nigeria (2024)
  • Livestock Feeds Plc surged from a -₦0.08 loss per share to ₦0.64 EPS, marking a 900.0% improvement—the biggest turnaround in the sector.
  • Presco Plc posted ₦63.46 EPS in 2024, nearly doubling its previous year’s ₦32.41.
  • Okomu Oil Palm rose from ₦21.64 to ₦41.89, showing a 93.6% year-on-year growth.
  • FTN Cocoa Processors reduced its loss marginally, from -₦2.70 to -₦2.44, a 9.6% improvement.
  • The top two companies by EPS (Presco and Okomu) are significantly outperforming their peers.
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Number of listed companies in Nigeria by sector (2025)
  • Financial Services account for 29.93% of all listed companies, far ahead of any other sector.
  • Services and Consumer Goods sectors each have 20 listed companies, showing strong competition for second place.
  • Industrial Goods (13 companies) and Construction/Real Estate (10 companies) round out the mid-tier listings.
  • The ICT sector has only 8 listed companies, despite being central to digital transformation in Nigeria.
  • Oil and Gas (8) and Healthcare (7) reflect moderate participation in the public markets.
  • Agriculture has just 5 listed firms, despite being one of Nigeria’s largest employers—suggesting a capital access gap.
  • The utilities sector is the least represented sector, with only 2 listed companies.
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Age of currently listed Nigerian PLCs (Date incorporated to May 2025)
  • Royal Exchange is Nigeria’s oldest listed PLC at 104 years, incorporated on February 28, 1921.
  • Unilever (101 years) and UAC Nigeria (94 years) follow closely behind, cementing their status as legacy multinationals.
  • Greif Nigeria (85 years) and May & Baker Nigeria (81 years) show enduring pharmaceutical and industrial presence.
  • Wema Bank is the oldest bank on the list at 80 years, showcasing longevity in financial services.
  • Consumer goods dominate the list, with companies like PZ Cussons, Nigerian Breweries, and Guinness all exceeding 75 years.
  • Four companies (Chellarams, PZ Cussons, Thomas Wyatt, and Nigerian Breweries) were all incorporated 77-78 years ago, pointing to a cluster of post-WWII business growth.
  • The youngest on the list—RT Briscoe—is still 68 years old, proving that listing longevity is no accident but a product of strategic resilience.
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  • Manufacturing hit a record $64.90b in 2022, after steady growth from 2016.
  • Output fell 55% to $25.36b in 2024, the worst one-year drop since 1999.
  • Military-era lows: Slumped from $33.33b (1981) to $8.08b (1989).
  • Democratic rebounds: Output grew from $9.62b (1999) to $55.33b (2014), and from $35.12b (2016) to $64.90b (2022).
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  • Ronaldo leads the UEFA Champions League scoring chart with 141 goals, ahead of Messi's 129.
  • Salah and Drogba are the only two African players in the top 20 scorers list.
  • Just 8 goals separate the 10th and 20th-ranked scorers, showing how tight competition is outside the top ranks.
  • Haaland and Mbappé are the only two players under 30 in the top 15.
  • Legendary players like Neymar and Ibrahimović never broke into the top 10 despite long careers at top clubs.
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  • Starlink is cheaper than traditional ISPs in five out of the twelve African countries analysed.
  • Zimbabwe has the widest price gap, with traditional ISPs costing over 21 times more than Starlink.
  • Nigeria currently offers the cheapest traditional ISP plan at $9.59, undercutting Starlink’s price by a wide margin.
  • In Ghana and Kenya, Starlink’s monthly subscription is less than half the cost of the leading ISPs.
  • Only slight differences exist between Starlink and traditional ISP prices in Zambia and Botswana, indicating near-parity.
  • Mozambique and Cape Verde have moderate Starlink price advantages, suggesting potential for market competition.
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  • Sudan recorded the steepest GDP decline in Africa in 2024 at -13.49%.
  • Botswana’s economy contracted by -2.99%, the second-worst on the continent.
  • Libya was the only other country in the bottom 10 with negative growth at -0.61%.
  • South Africa, with 0.58% growth, continues to struggle with low economic momentum.
  • Sao Tome & Principe and Equatorial Guinea both recorded growth below 1%.
  • Despite being Africa’s largest economy, Nigeria’s 3.43% growth places it closer to underperforming countries than to the continent’s fastest risers.
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  • Rwanda recorded the highest GDP growth in Africa in 2024 at 8.89%.
  • Six out of the top ten fastest-growing economies in Africa are from West Africa.
  • Niger and Benin posted impressive growth rates of 8.42% and 7.45% respectively.
  • Nigeria, one of Africa’s biggest economies, had a growth rate of 3.43%, below countries like Senegal and Cabo Verde.
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  • Ikeja DisCo leads with a 78.45% metering rate, having metered over 1.03 million customers.
  • Abuja DisCo follows closely with a 71.60% metering rate and over 924,000 metered customers.
  • Ibadan has the highest number of registered customers, but only a 44.23% metering rate.
  • Kaduna and Kano have alarmingly low metering rates of 24.92% and 24.77%, respectively.
  • Yola DisCo has the lowest metering rate at just 14.45% of its 824,700 customers.
  • Eko DisCo has a relatively high metering rate of 63.92% despite having fewer registered customers.
  • Only 4 out of 13 DisCos have metered at least half of their customer base as of March 2025.
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