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  • Newzoo, a provider of video game and gamer data, reported that in 2023, Nigerian mobile gamers spent approximately $229.7m — the highest expenditure in Africa — boasting a sizable 14.7m spenders.

    Egypt's gamers spent an estimated $212.6m and occupied second place in Africa's mobile gaming expenditure ranking.

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    Nigeria repaid an average of $368m in external debt every year between 2008 and 2017. In 2018, the payments increased by 217% to $1.47b from $464m in 2017, then dropped by 9.4% in 2019, and has since been on the rise. Here are Nigeria's external debt repayments since 2008.
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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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  • Nigeria's VAT revenue has grown every year since 2013, reaching ₦3.6 trillion in 2023. The amount collected in 2023 exceeded 2022’s by ₦1.13 trillion — a 45% increase.

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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
All-time Premier League top scorers from Nigeria as of 2025
  • Yakubu Aiyegbeni leads all Nigerian scorers in Premier League history with 95 goals.
  • Kanu (54) and Efan Ekoku (52) round out the top three, with a combined total of 201 goals among them.
  • Kelechi Iheanacho (42 goals) is the highest active Nigerian scorer.
  • Shola Ameobi had a consistent career with 43 goals, mostly with Newcastle United.
  • Alex Iwobi (31 goals) continues to be a key attacking presence in midfield roles.
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  • Gabon led Africa in GDP per person employed for 21 years, the most of any country, thanks largely to its oil wealth and smaller labour force.
  • Equatorial Guinea was a close second, topping the list for 12 straight years, particularly during its oil boom.
  • Libya never came first but held second place in 18 different years, showing long-term stability in productivity.
  • Algeria and Egypt frequently ranked in the top three but never led.
  • Nigeria, despite being Africa’s most populous country and once its largest economy, never made it into the top 3 and has consistently ranked around 23rd to 26th.
  • The leading countries tend to share a pattern: resource-driven economies with relatively smaller workforces, while lower-ranked ones often struggle.
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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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  • Nigeria’s capital importation fell from $21.3 billion in 2013 to $12.3 billion in 2024, marking a 42% decline over the 12-year period.
  • After four years of consistent decline, capital inflows surged by 215% in 2024, rising from $3.9 billion in 2023 to $12.3 billion.
  • The data reflects sharp swings, with 2019 peaking at $24 billion, followed by a 60% plunge in 2020 due to global and domestic disruptions.
  • In 2023, capital imports plummeted to their lowest point of the 12-year period, reaching just $3.9 billion.
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  • Nigeria recorded $126.3 million in foreign direct investment during Q1 2025, comprising 2.2% of the country's total capital importation.
  • Equity investment was the primary FDI channel, accounting for $124.31 million or 98.4% of the total FDI.
  • "Other Capital" (possibly intra-company loans or reinvested earnings) contributed just $1.98 million, a marginal 1.6% share.
  • The dominance of equity suggests that foreign investors are committing more to long-term ownership and participation in Nigerian businesses rather than short-term financing
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  • Nigeria recorded $5.64 billion in total capital importation in Q1 2025.
  • Portfolio investment alone contributed a massive $5.2 billion, 92.3% of total inflows.
  • FDI contributed just $126.29 million, making up only 2.2% of total capital importation.
  • Loans totalled $311.17 million, accounting for 5.5% of the total inflow.
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  • Nigeria attracted $5.2 billion in portfolio inflows in Q1 2025, making up 92.3% of all capital importation.
  • With $4.2 billion, money market instruments accounted for a dominant 80.9% of portfolio investments.
  • Bonds contributed $877.4 million, roughly 16.8% of portfolio inflows.
  • Equities saw the smallest share, at $117.3 million or just 2.3% of portfolio capital inflows.
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  • Nigeria’s GDP per capita stayed above the Sub-Saharan African average from 2002 to 2023.
  • In 2014, Nigeria peaked at $3,088.7, far ahead of the region’s $1,886.5.
  • The post-2014 oil crash triggered a prolonged economic slide for Nigeria.
  • By 2023, Nigeria ($1,596.6) and Sub-Saharan Africa ($1,580.8) were nearly identical.
  • In 2024, Nigeria fell sharply to $806.9, $710 below the regional average of $1,516.4, its widest gap in over two decades.
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  • Coal contributes a staggering 81.8% of South Africa’s total electricity generation.
  • Renewables remain marginal, with wind, solar photovoltaic (PV), and solar thermal collectively accounting for less than 8%.
  • Nuclear power holds a modest role, supplying 3.73% of the total output.
  • Hydropower and oil are limited contributors, together making up just over 6%.
  • Clean energy is growing, but slowly, with solar photovoltaic (PV) and wind leading the charge among non-fossil sources.
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