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  • Countries by Global Innovation Index 2024

    The Global Innovation Index 2024 reveals a striking contrast in innovation performance between countries globally and across Africa. Switzerland leads the global rankings with an impressive score of 67.5, followed by Sweden (64.5) and the USA (62.4), highlighting their sustained investments in research, development, and technological advancement.

    In Africa, Mauritius takes the top spot with a score of 30.5, followed closely by Morocco (28.8) and South Africa (28.3). However, even Africa's most innovative nations achieve less than half the score of global leaders, indicating a significant innovation gap.

    Nigeria ranks 15th in the African ranking and 113th globally, out of 133 countries, with a score of 17.1.

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    Key takeaways:

    • Tecno (23.55%) and Infinix (21.73%) lead the Nigerian mobile market, making up a combined 45.28% of the market share.
    • Samsung (12.36%) is the leading non-Chinese brand, with Apple (9.43%) following closely behind.
    • Xiaomi (7.15%) and Huawei (4.34%) are emerging as significant players in Nigeria's mobile sector.
    • Premium brands such as Samsung (12.36%) and Apple (9.43%) have considerable but smaller market shares compared to their Chinese counterparts.
    • Chinese manufacturers collectively dominate over 60% of the mobile market in Nigeria.
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  • The 2024 Global Peace Index reveals a decline in peacefulness in 97 countries, the highest since the index began.

    Nigeria is among the nations affected by regional conflicts and rising violence. With a peace index score of 2.91, Nigeria is facing increasing challenges.

    A deteriorating peace score impacts foreign investment and economic stability. Global economic losses due to violence reached $19.1 trillion in 2023.

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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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  • 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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    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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  • 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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  • MTN Nigeria has dominated the country's telecommunications market over the years, accounting for the largest market share. All four operators, apart from 9mobile, recorded a significant increase in their subscriber base between May 2014 and March 2024.

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  • The 2024 Global Peace Index reveals a decline in peacefulness in 97 countries, the highest since the index began.

    Nigeria is among the nations affected by regional conflicts and rising violence. With a peace index score of 2.91, Nigeria is facing increasing challenges.

    A deteriorating peace score impacts foreign investment and economic stability. Global economic losses due to violence reached $19.1 trillion in 2023.

    See more
Other Insights
     
  • Spectranet leads with 111,384 subscribers, ahead of Starlink's 98,642.
  • Starlink added 6,651 subscribers since December 2025, narrowing the gap to 12,742.
  • Fieldbase Services overtook ipNX for 4th place by just 18 subscribers.
  • The top three ISPs account for over 63% of Nigeria's 420,989 active subscribers.
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  • About 600 million Africans still lack access to electricity.
  • Africa has 20% of the world's population but receives less than 3% of global energy investment.
  • South Africa added the most renewable capacity from 2016–2025, followed by Ethiopia, Egypt, Morocco and Tanzania.
  • Africa's renewable capacity is growing, but its share of global capacity remains small.
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  • Nigeria's rice production hit 9.13 million tonnes in 2024, its highest level since 2021.
  • Egypt and Madagascar produced 6.43 and 4.97 million tonnes, respectively, in 2024.
  • Egypt and Madagascar combined produced 11.4 million tonnes, exceeding Nigeria's output.
  • Africa's rice production reached a record 44.8 million tonnes in 2024, up 421% since 1980.
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  • 36.3 million people face Crisis-level food insecurity in August 2026, up 33% from November 2025.
  • Nearly 8 in 10 households in the northeast have less than a week's food supply.
  • 58% of people in the northeast have insufficient food consumption.
  • Conflict, displacement and market disruption are deepening the crisis.
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  • Fossil fuels still generate 2.5x more electricity than non-fossil sources, though the gap has narrowed from a 2007 peak of 4.5x.
  • South Africa and Egypt together account for all of Africa's nuclear power and 59% of its non-hydro renewables.
  • Hydropower, the largest non-fossil source at 188.6 TWh, tells a different geographic story, with 91% generated outside South Africa and Egypt, mainly in Eastern, Middle, and Western Africa.
  • Gas still leads at 403.9 TWh, but its growth slowed to 0.8% in 2025 versus 11.9% growth for non-fossil sources.
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  • Non-fossil generation overtook coal in 2023, with the gap reaching 57.5 TWh in 2025.
  • Coal generation fell to 225.3 TWh, below its 262.6 TWh peak in 2007.
  • Hydropower dominates non-fossil generation, producing 188.6 TWh in 2025.
  • Fossil fuels still dominate, generating 703.2 TWh versus 282.8 TWh from non-fossil sources.
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  • Food inflation more than doubled, from 8.89% in January to 20.31% in July.
  • Food inflation overtook headline inflation, moving from 6.21 points below to 4.88 points above it.
  • Headline inflation barely changed, from 15.10% to 15.43%.
  • Food price pressures accelerated, with monthly inflation rising to 5.56% in July.
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  • Africa’s share of global electricity generation rose only from 2.6% in 1985 to 3.1% in 2025.
  • Africa’s electricity generation increased 283% over the past 40 years.
  • Egypt overtook South Africa as Africa’s largest electricity producer in 2024.
  • Egypt generated 242.4 TWh in 2025, up from 30.3 TWh in 1985.
  • South Africa generated 231.1 TWh in 2025, down from its 263.5 TWh peak in 2007.
  • Egypt and South Africa accounted for 24.5% of Africa’s electricity generation in 2025.
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  • Niger had Africa’s lowest estimated unemployment rate in 2025 at 0.39%.
  • Burundi and Chad followed, with rates of 0.92% and 1.06%.
  • Thirteen African countries recorded unemployment rates below 3% in 2025.
  • Nigeria’s estimated unemployment rate was 3.06%, just above the group.
  • The 13 countries with rates below 3% averaged 2.05%.
  • Niger’s unemployment rate fell 87.3% from 3.10% in 2005 to 0.39% in 2025.
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  • Nigeria’s external debt stood at $51.90 billion as of March 2026.
  • External debt increased by just 0.09% from December 2025.
  • Multilateral creditors held the largest share at 46.0%.
  • Commercial creditors accounted for 41.3% of external debt.
  • Bilateral creditors accounted for 12.7% of external debt.
  • The World Bank Group accounted for 38.2% of total external debt.
  • Eurobond holders accounted for 35.7% of total external debt.
  • The World Bank Group and Eurobond holders together accounted for 73.9% of Nigeria’s external debt.
  • Bilateral debt fell by $130 million from December 2025 to March 2026.
  • Commercial external debt increased by about $1.1 billion over the same period.
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  • Nigeria received $22.8 billion in personal remittances in 2025; a 3% year-on-year increase
  • Inflows remained 6.3% below the 2018 record of $24.3 billion.
  • Remittances have recovered from the $17.2 billion recorded in 2020.
  • Nigeria’s 2025 remittance inflows were 32.6% higher than in 2020.
  • Remittances accounted for 7.8% of GDP in 2025.
  • Remittances’ share of GDP fell from 8.8% in 2024.
  • Remittances’ share of GDP remained above the 4.0% recorded in 2023.
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  • Egypt received a record $41.5 billion in remittances in 2025.
  • Remittances increased 40.2% from 2024.
  • The 2025 inflow was 31.7% above the previous record set in 2021.
  • Remittances fell to $19.5 billion in 2023 before rebounding sharply.
  • Remittances more than doubled between 2023 and 2025.
  • Egypt received about $497.9 billion in remittances from 1980 to 2025.
  • The March 2024 FX reforms preceded the sharp recovery in remittance inflows.
  • 2025 marked the highest annual remittance inflow in the series.
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  • South Africa overtook Nigeria as Africa’s largest source of US non-immigrant visa issuances in 2025, with 62,647 visas.
  • Nigeria’s issuances fell 46.1% to 48,669, down from 90,344 in 2024.
  • US non-immigrant visa issuances to African nationals fell 32.9%, from 539,800 to 362,431.
  • Only three African nationalities recorded increases: Tunisia (+12.5%), Guinea (+12.0%) and Eswatini (+3.2%).
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  • Nigerian jet fuel exports to the U.S. jumped 10-fold to 2.87 million barrels in 2025.
  • Just 86,000 barrels were imported across the U.S. from Nigeria between 1993 and 2023.
  • The 2025 surge was concentrated in five months, amid East Coast refinery disruptions.
  • No Nigerian jet fuel imports were recorded through August 2026, suggesting the surge was temporary.
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  • 64.4% of Nigerian schools lacked basic water services, while 57.1% lacked sanitation and 76.4% lacked hygiene.
  • Basic water and hygiene coverage remained unchanged from 2012, while sanitation coverage rose to 42.9% in 2023.
  • Rural schools lagged urban schools in water access, 29.9% vs 47.9%.
  • The sanitation gap was wider, with 33.1% of rural schools covered versus 63.5% of urban schools.
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  • Nigeria had 96.25 million children aged 0–14 in 2025, the largest child population in Africa.
  • 16% of Africa’s children lived in Nigeria, or roughly 1 in every 6.
  • Ethiopia and DR Congo followed with 52.54 million and 51.85 million children respectively.
  • Africa’s 10 largest child populations accounted for 60.9% of the continent’s 600.17 million children.
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  • Central African Republic had Africa’s highest 0–14 population share at 48.7%.
  • Somalia, Niger, Chad and DR Congo followed, all with at least 45.9% of their populations aged 0–14.
  • DR Congo had Africa’s largest 0–14 population at 51.85 million, despite ranking fifth by share.
  • Children aged 0–14 made up 38.8% of Africa’s population, versus 40.5% in Nigeria.
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  • MTN became Nigeria’s first operator to cross 100 million active subscriptions.
  • MTN added 7.8 million subscriptions between December 2025 and July 2026.
  • Airtel grew faster than MTN, despite adding fewer subscriptions overall.
  • T2 recorded the fastest growth at 11.9% over the period.
  • Nigeria’s active subscriptions rose by 15.5 million to 194.9 million.
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