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  • According to information provided by the West African Examinations Council, out of the 1.6 million candidates who took the WASSCE in 2023, 79.8% got at least five credits, including English language and mathematics, representing the highest percentage in the previous five years.
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    Nigeria’s electricity distribution companies (DISCOs) generated ₦1.07 trillion revenue in 2023 — double 2020's amount and 3.8x that of 2015. From 2015 to 2023, revenue has grown from ₦279b to ₦1.07t, while customer base has increased by over 5m, from 7m to 12.1m.

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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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  • GSM subscribers in Nigeria only recorded three year-on-year drops in the past 11 years

    As of March 2024, there were 219m subscribers in Nigeria's GSM market which is dominated by three players each with over 20% market share. More than 40 mobile virtual network operators (MVNOs) have been licensed to date, all of whom will rely on the infrastructure of the country's four mobile network operators to offer their services.

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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.

    See more
Other Insights
 
  • Africa’s pig herd expanded nearly nine-fold, from 8.4 million in 1961 to 48.9 million in 2023.
  • Despite this growth, Africa accounts for only 5.1% of the world’s pigs in 2023.
  • South Africa led pig production for decades until the late 1980s, when Nigeria overtook and has remained the top producer since.
  • Malawi and Uganda emerged as major players in the 2000s–2010s, now ranking among the top three producers.
  • Nigeria, Malawi, and Uganda together hold nearly 50% of Africa’s total herd.
  • Africa’s pig farming is shifting from being dominated by one or two players to a more regionally balanced mix.
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  • Gabon (84%) is Africa’s most urbanised country, while Burundi (15%) is the least.
  • Five of the top 10 urbanised African countries have an urban share above 75%.
  • Small island nations like Cabo Verde (79%) and Sao Tome & Principe (78%) rank highly, reflecting their concentrated settlements.
  • Resource-rich countries like Libya (78%), Botswana (76%), and Algeria (74%) show strong urbanisation patterns.
  • Ethiopia (23%) and Uganda (30%) highlight the urbanisation gap among high-population countries.
  • Nigeria sits at 55%, ranked 19th, reflecting moderate urbanisation compared to other African giants.
  • Most of the bottom 10 countries, such as Malawi (20%), Niger (18%), and Rwanda (18%), are still heavily rural, signalling slower urban development.
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  • Africa’s urban population has grown more than twelvefold, from 53 million in 1960 to nearly 700 million by 2025.
  • The share of Africans living in urban areas has risen from 18.7% in 1960 to 45% in 2025, and is projected to hit 57% by 2045.
  • Africa will reach a 50% urban population by 2035, where half of its population will reside in cities.
  • From 2000 to 2025, Africa’s urban population nearly tripled, highlighting the intensity of recent growth.
  • By 2045, 1.3 billion Africans will live in urban centres, making city development central to the continent’s progress.
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  • More than 60% of the countries in Africa are commodity-dependent.
  • South Sudan leads the list with 99.5%.
  • Nigeria’s commodity export dependence is 96.3%, dominated by energy (89.7%), followed by agriculture (4.0%) and mining (2.6%).
  • Africa alone accounts for nearly 47% of all commodity dependent countries globally.
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  • Of the 54 African countries, 46 earn more than 60% of export revenues from raw goods.
  • Algeria, Morocco, Eswatini, Lesotho, Djibouti, Mauritius, Comoros, and Egypt stand out with less than 60%.
  • Algeria and Morocco are the least dependent, pointing to stronger industrial and trade sectors.
  • Lower dependence means greater economic stability, while high reliance exposes countries to volatile global commodity markets.
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  • Africa has the youngest population globally, with a median age of 19.3 years.
  • Europe has the oldest population, with a median age of 42.8 years.
  • North America follows closely behind Europe, with a median age of 38.7 years.
  • Oceania’s median age stands at 33.4 years, slightly higher than Asia’s.
  • Asia’s population is relatively younger than Europe and North America, with a 32.5-year median age.
  • The age gap between Africa and Europe is over 23 years, showing the stark global demographic divide.
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  • Subscriptions peaked at 23.5 million in 2015 before a long decline.
  • The 2017 debt crisis and Etisalat UAE’s exit triggered sustained losses.
  • By mid-2025, active lines had plunged to 2.4 million, the steepest fall in the sector.
  • In August 2025, the firm rebranded as T2, unveiling a new plan to stabilise and grow again
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  • England tops the world women’s rugby ranking with 97.76 points, maintaining a clear lead over other nations.
  • Canada and New Zealand follow as the second and third-strongest women’s rugby teams globally.
  • South Africa ranks 12th and Kenya 20th, making them the only African nations in the global top 20.
  • Traditional rugby nations like France, Ireland, and Australia feature prominently in the top 10.
  • Asian teams such as Japan and Hong Kong highlight the growing spread of women’s rugby beyond traditional regions.
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  • South Africa leads the world rugby rankings with 92.78 points, ahead of New Zealand’s 92.06.
  • The gap between the first and second position is just 0.72 points, showing a close contest at the top.
  • Ireland remains the highest-ranked European team with 89.83 points.
  • France and England, with 87.82 and 87.64 points respectively, are in close competition for the fourth and fifth spots.
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  • Africa’s fertility rate in 2025 is estimated at 3.95, the highest in the world.
  • Europe’s fertility rate is the lowest in 2025 at just 1.41 children per woman.
  • Latin America and the Caribbean saw a steep drop from 5.83 in 1955 to 1.78 in 2025.
  • Asia’s fertility rate fell from 5.85 in 1955 to 1.87 in 2025.
  • Oceania’s fertility rate dropped from 6.58 in 1955 to 2.13 in 2025.
  • By 2025, all continents except Africa are at or below the replacement rate of 2.1.
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  • Gold bullion dominates exports, contributing ¢163.0B (55.3%) of total exports.

  • Petroleum oils follow distantly at ¢52.6B (17.8%).

  • Cocoa (beans, paste, butter) remains a vital sector, collectively worth ¢24.7B (8.4%).

  • Manganese, cashew, tuna, iron/steel, and shea oil are niche contributors, each under 2% of exports.

  • All other products still make up a significant 14.4% (¢42.4B), showing potential for export diversification.
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  • Petrol prices in Nigeria rose by 52% between August 2024 (₦830.5) and March 2025 (₦1,261.7).
  • The highest monthly increase was in September 2024 (+24.1%), while the sharpest drop came in April 2025 (-17.1%).
  • By July 2025, prices had eased to ₦1,025, still 23% higher than a year earlier.
  • NNPC retail outlets offered significantly lower prices than the national average, with Abuja as low as ₦880 at the March 2025 peak.
  • Dangote Refinery offered relatively competitive pricing, ranging from ₦840 to ₦899, creating an alternative supply option.
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  • The South West is the only region with MSMEs reporting revenues above ₦100 million, accounting for 100% of that bracket.
  • While high-revenue firms cluster in the South West, the South South leads in the ₦10M–₦99.9M range, with over 50.8% share.
  • The North Central (30.3%) has the highest share of MSMEs earning less than ₦100,000 monthly, followed by the North East (19.6%).
  • The ₦200K–₦999.9K range is more evenly spread across regions, but the South West and South South consistently record stronger representation.
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  • Nigerian naturalisations in Canada rose from 5,286 in H1 2022 to 6,831 in H1 2025, a 29% increase overall.
  • H1 2023 marked the highest level with 7,400 new citizens.
  • Numbers declined through 2024, bottoming at 6,057 in H2.
  • The rebound in H1 2025 signals sustained interest in Canadian citizenship among Nigerians.
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  • Nigeria accounts for 25.9% of all new Canadian citizens of African origin, more than triple any other African country.
  • Morocco, Algeria, and Tunisia rank next, each contributing over 5% of total new citizens of African origin.
  • Countries like Eritrea, Ethiopia, and DR Congo show steady growth, reflecting widening migration links with Canada.
  • South Africa closes the top ten with 832 citizens (3.2%), indicating smaller but consistent migration flows.
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  • India accounts for 23.4% of all new citizens, the largest share by far.
  • Four of the top five source countries (India, Philippines, Iran, China) are in Asia, showing the region’s migration strength.
  • Nigeria ranks third, contributing 4.5% of total new citizens, the highest share from Africa.
  • Traditional migration partners like the U.K. and U.S.A. contribute smaller shares, under 3% each, highlighting a shifting global migration pattern.
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  • Flutterwave UK’s turnover rose from £0.93M in 2021 to £6.61M in 2024, showing consistent expansion.
  • Growth cooled from 311% in 2022 to 21% in 2024, reflecting market maturity.
  • The UK unit’s performance is now tied to Flutterwave’s global surge, with over $31 billion in payments processed in 2024.
  • The focus is shifting from rapid scaling to sustainable growth, compliance, and strengthening cross-border infrastructure.
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  • The US imported 425 million barrels of crude oil and other petroleum products from Nigeria in 2005, the highest in the past 32 years.
  • The US shale boom reduced America’s reliance on foreign crude.
  • The launch of the Dangote Refinery has increased domestic demand for crude oil, further reducing the amount available for export to the US.
  • Nigeria, which was regularly a top five crude oil supplier to the US in earlier decades, ranked ninth among its suppliers in 2024.
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