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  • Nigerian states and the FCT generated ₦1.92 trillion in internal revenue in 2022, ₦29.8 billion (1.57%) more than in 2021, with Lagos State accounting for 34% of the IGR in 2022. Here are the revenues collected by Nigeria's states in 2022.
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    top-15-african-countries-by-number-of-medical-doctors-per-10000-people-as-of-2022

    As of 2022, only seven African countries met the WHO's recommended doctor-to-population ratio of 10 doctors per 10,000 people.

    Cape Verde, Seychelles, Libya, Eswatini, Tunisia, Mauritius, and Algeria are leading the way in healthcare accessibility in Africa. However, the continent still averages only 2.6 doctors per 10,000 people.

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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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    Africa's sanitation crisis is alarming, with 17 of the top 20 countries having the highest open defecation rates.

    Eritrea (67%), Niger (65%), and Chad (63%) lead, putting millions at risk of disease.

    Even Nigeria, the most populous African country, has 18% of its population practising it.

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  • The FAAC's revenue distribution from 2017 to August 2023 highlights the dominance of Delta, Akwa Ibom, Rivers, and Bayelsa states in allocations. Despite Lagos' economic prominence, it ranked fifth. Here is the distribution of revenue among states between 2017 and August 2023.

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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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  • As of February 2023, Airtel had the fastest Internet speed of all mobile operators in Nigeria at 22.42Mbps, followed by MTN with 21.71Mbps, and Glo with 8.70Mbps. 9mobile comes last with a speed of 8.32Mbps. Airtel's speed of 22.42Mbps was about 26% of Starlink's speed.

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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
 
  • From 1970 through the early 2000s, Egypt’s debt interest payments hovered mostly under $1.5 billion, with fluctuations tied to global oil shocks and debt rescheduling.
  • Payments remained relatively moderate, ranging between $0.7–$1.0 billion annually.
  • Following Egypt’s 2016 IMF programme and rising external borrowing, payments jumped dramatically, climbing from $1.53 billion in 2016 to $6.13 billion in 2022.
  • Interest payments hit an all-time high of $9.47 billion in 2023, underscoring the heavy burden of Egypt’s rapid debt accumulation and exposure to global financing costs.
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  • Mauritius leads Africa’s Peace Index with the lowest (best) score of 1.586, showing its stability and strong governance.
  • Southern Africa is well represented in the rankings with Mauritius, Botswana, Namibia, Madagascar, and Zambia in the top 10.
  • West Africa also performs strongly, represented by The Gambia, Sierra Leone, Ghana, Senegal, and Liberia.
  • The scores are tightly clustered (1.586–1.939), showing that Africa’s most peaceful states are relatively close in performance despite regional differences.
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  • Nigeria maintained a positive trade balance, with exports accounting for 57.7% against imports at 42.3%.
  • Oil and gas remain the backbone of Nigeria’s export dominance, shaping the overall surplus.
  • The import share reflects the country’s reliance on foreign goods, particularly refined petroleum, machinery, and food products.
  • Sustaining export strength while reducing import dependency remains key to Nigeria’s long-term economic resilience.
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  • Ghana’s debt interest payments remained below $200 million for nearly three decades, reflecting relatively low external borrowing.
  • From 2000 to 2010, payments rose moderately, reaching $300 million by 2010 as Ghana’s borrowing needs expanded.
  • Interest payments accelerated sharply, surpassing $1 billion in 2017 and peaking at $1.49 billion in 2022.
  • After years of growth, payments plunged to $780 million in 2023, suggesting debt restructuring, payment relief, or reduced new borrowing.
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  • Financial services dominate Nigeria’s digitally delivered exports, contributing $1.15bn (over 74%).
  • Telecommunications ($184m) and insurance & pension services ($147m) follow, though far smaller.
  • Computer, information, and IP services registered almost no exports, highlighting untapped digital potential.
  • Nigeria’s digital exports remain highly concentrated in finance, leaving other sub-sectors underdeveloped.
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  • Africa’s renewable energy capacity more than doubled between 2015 (34.6 GW) and 2024 (70 GW).
  • Despite this growth, Africa’s global share fell from 1.87% in 2015 to 1.57% in 2024.
  • The decline in global share highlights that other regions are expanding renewable energy capacity much faster than Africa.
  • Between 2020 and 2024 alone, Africa added 18.5 GW of renewable energy capacity.
  • The sharpest annual increase occurred between 2022 and 2023, with capacity rising by 6.4 GW.
  • The percentage share of global renewable energy for Africa has consistently trended downward since 2018.
  • Africa’s renewable energy growth, while positive, is not yet keeping pace with the global energy transition.
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  • The cost of a 64-page Nigerian passport increased from ₦70,000 before September 2024 to ₦200,000 by September 2025.
  • A 32-page passport rose from ₦35,000 before September 2024 to ₦100,000 by September 2025.
  • The minimum wage only rose once within this period—from ₦30,000 to ₦70,000 in September 2024.
  • In 2025, the 64-page passport costs nearly three times the minimum wage.
  • Affording a passport now requires significantly higher financial sacrifice, particularly for low-income earners.
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  • Asia added 413 GW in one year, marking the most significant renewable energy expansion globally.
  • Asia’s 2024 renewable capacity is larger than the combined totals of all other regions indicated.
  • Europe reached 850 GW of installed capacity in 2024, consolidating its position as the second-largest renewable energy region.
  • North America’s renewable energy grew by 8.7% to 572 GW.
  • Oceania recorded a 12.9% growth rate, one of the highest relative increases despite its small base.
  • The Middle East achieved 10.8% growth, reflecting increased investments in solar and wind energy.
  • Africa’s renewable energy grew modestly to 70 GW.
  • Central America & the Caribbean recorded no growth, staying at 19 GW, making it the only stagnant region in 2024.
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  • Egypt has been the lead source of African scholars in the US in the last 24 years.
  • Of the African scholars in the US as of the 2023/24 academic session, 20% were Egyptians.
  • The country remains a pivotal actor in building transcontinental academic bridges and contributing to global knowledge exchange.
  • Egypt’s visibility in the US scholarly ecosystem reinforces its role as a regional academic hub.
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  • Mauritius, with a median age of 38 years, has the oldest population in Africa.
  • The Central African Republic has the youngest population, with a median age of 14 years.
  • Nigeria’s median age of 18 years reflects the dominance of youth in its population.
  • Older populations tend to signal lower fertility rates.
  • Younger populations highlight higher fertility rates and greater demand for education and jobs.
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  • US imports from Africa grew 23.9% year-on-year to $23.4 billion in H1 2025.
  • South Africa drove much of the growth, with exports surging 52.2% to $9.5 billion.
  • Nigeria recorded a 12.1% decline in exports to the US, falling to $2.8 billion.
  • Algeria also posted a contraction, with exports dropping 13.5% to $1.1 billion.
  • Egypt’s exports increased 14.8%.
  • Other African countries collectively expanded exports by 23.5% to $8.6 billion.
  • Africa’s trade growth with the US continues despite tariff barriers, showing resilience.
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  • US imports from Africa jumped 24% to $23.4 billion in H1 2025 despite tariffs.
  • Egypt led gains, doubling its surplus with the US to $2.73 billion.
  • Nigeria swung into a $576 million surplus, reversing last year’s deficit.
  • South Africa’s deficit with the US nearly doubled to $6.32 billion, dragging the overall balance.
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  • The seven North-Western states collectively owed about ₦223.4 billion in domestic debt as of Q2 2025, according to DMO data.
  • Kano State ranked highest with ₦56.9 billion, accounting for roughly 25% of the zone’s total debt.
  • Jigawa remains the least indebted in the region and in the entire country, with only ₦852 million.
  • Moderate debt spread: While Kano, Zamfara, and Sokoto carried the largest debt loads, the remaining states maintained relatively conservative borrowing patterns.
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  • The six North Central states collectively hold ₦449.4 billion in domestic debt as of Q2 2025, according to DMO data.
  • Kogi and Nasarawa lead in fiscal control with ₦18.8 billion and ₦23.9 billion, respectively
  • Both states record the lowest debt profiles in the region. Niger State’s ₦141.5 billion debt makes it the region’s most indebted, accounting for nearly one-third of the total.
  • The debt gap between Kogi (lowest) and Niger (highest) stands at over ₦123 billion, highlighting stark differences in fiscal management and borrowing capacity across the zone.
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  • Lagos dominates regional debt with a domestic debt stock of ₦1.04 trillion, over 70% of the South-West’s total subnational debt.
  • Lagos’s debt is six times larger than that of Ogun (₦162.9 billion), the region’s next most indebted state.
  • At ₦10.6 billion, Ondo maintains the lowest domestic debt profile in the region, reflecting relatively modest borrowing.
  • The combined domestic debt of the six South-West states (Lagos, Ogun, Oyo, Osun, Ekiti, and Ondo) stood at ₦1.43 trillion as of Q2 2025.
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  • Nigeria dominates with ₦339.6b, contributing over 70% of GTCO’s total profit after tax in Africa.
  • Ghana (₦61.9b) and Côte d’Ivoire (₦28.2b) followed as the strongest non-Nigerian subsidiaries.
  • Tanzania (₦46m) and Uganda (₦505m) contributed negligible profits compared to peers.
  • GTCO subsidiaries across Africa collectively generated around ₦476b profit after tax in the first half of 2025.
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  • Nigeria’s public debt rose to $99.7 billion, up from $91.3 billion in June 2024, marking a return to growth after a dollar-value decline in 2024.
  • The debt in local currency climbed to ₦152.4 trillion, reflecting both borrowing and continued naira depreciation.
  • The increase underscores ongoing domestic financing challenges and vulnerability to exchange-rate fluctuations.
  • The growth in dollar terms points to renewed external borrowing as the government manages debt obligations post-2024 volatility.
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  • From recession to recovery, Nigeria’s GDP growth journey reveals three decades of economic volatility and slow transformation.
  • Nigeria's economy grew by 14.6% in 2002, which is still the highest in the country's history.
  • The country entered a recession in 2016, with the economy shrinking by -1.6%.
  • Nigeria enjoyed a long period of strong growth between 2003 and 2010: The economy grew between 7% and 11%, powered by high oil prices and booming sectors like telecoms and banking.
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