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  • 68% of Nigeria's capital imports in Q1 went to three sectors - banking, production, and IT services

    Most of Nigeria's capital imports in the first quarter of 2023 were directed toward three sectors. The banking sector got the most investments with $304 million, accounting for 27%, and the production and IT services sectors followed, with 22% and 19%, respectively.

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    Global inflows of foreign direct investment fell by 12% in 2022, and Africa saw a 44% decline from $80 billion in 2021 to $45 billion. According to UNCTAD data, only two of Africa's five major regions — North and East Africa — saw a rise in FDI in 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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  • 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.​
    ​​
    ​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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  • 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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  • Global rugby participation grew by 11% in 2023, reaching 8.46 million players.
  • Female participation increased by 37%, showing the fastest growth in the sport.
  • Male participation also rose by 26%.
  • The substantial rise in female players signals rugby’s growing inclusivity.
  • The global rise suggests rugby is gaining ground beyond traditional rugby nations.
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  • Kenya's GDP per capita soared from $414.6 in 2000 to a significant $2206.1 in 2024, marking a 532% increase.
  • The country saw its largest single-year jump between 2006 and 2007, rising by 33.7% from $523.5 to $699.8.
  • Economic downturns were visible in 2020 (-1.7%) and 2023 (-7.5%), showing vulnerability to shocks.
  • Since 2020, GDP per capita has grown by 14.5%, with 2024 recording the highest value.
  • Kenya’s GDP per capita rose in 20 of the past 24 years, and declines occurred in only 4 years (2001, 2002, 2020, and 2023).
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  • Endeavour Mining leads with a 2,253.0 pence share price — the highest among the largest African firms on the LSE.
  • Investec ranks second at 544.4 pence, showing a wide gap from the leader.
  • Seplat Energy (255.5 pence) is the second-highest in the extractive industry after Endeavour Mining.
  • Airtel Africa (210.0 pence) is the top telecom firm on the list.
  • Guarantee Trust HoldCo has the lowest share price at 5.0 pence.
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  • The combined market cap of the top 10 African firms on the LSE is £29.8B.
  • Airtel Africa leads with £7.32B, the largest market cap among African-listed companies.
  • Endeavour Mining follows with £5.63B, making it the largest extractive industry player on the list.
  • Commercial International Bank is the top financial services firm with £4.27B.
  • Five companies from financial services are in the top 10, collectively representing a major sectoral share.
  • The telecom sector is represented by Airtel Africa and Helios Towers (£1.25B), showing telecom’s increasing investment appeal.
  • Nigeria has two companies — Guarantee Trust HoldCo and Seplat Energy — [each] with over £1B market cap.
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  • In Africa, 275 million people were recorded to be malnourished in 2023.
  • Nigeria led the list of countries in Africa with the highest number of malnourished people (45.40 million), making 16.5% of the total.
  • Nigeria was followed by the Democratic Republic of Congo with 40.7 million, 14.8% of the total.
  • Nigeria, the Democratic Republic of Congo, Ethiopia and Kenya made up almost 50% of the total number of malnourished people in Africa.
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  • From H2 2013 to H1 2020, 9mobile gained more subscribers from other networks than it lost.
  • From H2 2021 onward, more subscribers left 9mobile for other networks than joined.
  • Net half-year losses grew from about 5,143 in H2 2021 to 28,735 in H2 2024.
  • Outgoing ports peaked at 28,885 in H2 2024, the highest half-year total on record.
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