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  • As of May 2021, 54.69 million Nigerians had been enrolled in the National Identity Management Commission (NIMC) database. Here is the total number of registered Nigerians over the years.
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    Since Nigeria's first attendance at the Olympic games, the country has won a total of 27 medals; 3 gold, 11 silver and 13 bronze medals. Following the just concluded Tokyo 2021 Olympic Games, we look at the African countries by Olympic medals won in the 2021 Tokyo Olympic games.

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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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  • Nigerian academic IELTS test takers scored an average of 6.7 out of 9 in 2022, placing the country joint 5th globally with Ghana, Hong Kong, and Indonesia. Spanish academic IELTS test takers topped the list with an overall score of 7.1.

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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

Key takeaways:

  • The total wealth of the three richest women surpasses $259 billion.
  • Alice Walton is the only woman in the world whose net worth exceeds $100 billion.
  • These women share a legacy of inherited wealth that they have successfully transformed into increased wealth.
  • Each of the top three richest women holds a net worth greater than $70 billion.
  • The top three richest women in the world are engaged in philanthropic endeavours.
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  • Women-led businesses in Africa raise significantly less funding than male-led counterparts. In 2017, female-led startups secured only $1 for every $25 raised by male-led startups, and this disparity persisted through 2024.
  • Despite making up 26% of all entrepreneurs in Africa, women receive less than 10% of total investment capital.
  • Women in Africa face structural financing challenges, including limited collateral, fewer investment networks, and biases in lending decisions.
  • While some countries have introduced financial inclusion programmes, overall access to credit for women remains disproportionately low.
  • The rise of women-focused venture funds, such as WIC Capital and Janngo, signals a slow but emerging shift towards more equitable funding distribution.
  • If this trend continues, Africa risks stifling economic growth by not fully leveraging the entrepreneurial potential of women-led businesses.​​
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Key takeaways:

  • The total wealth of Nigeria's top four billionaires amounts to $37.4 billion.
  • Aliko Dangote's fortune accounts for almost 64% of the overall wealth among Nigerian billionaires.
  • Dangote's net worth is more than three times the net worth of Adenuga, and nearly 16 times greater than Otedola's.
  • All four individuals accumulated their wealth primarily through entrepreneurial efforts.
  • The sources of wealth for Nigeria's four richest men span various sectors, including cement, telecommunications, agriculture, and energy.
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Percentage of African external debt owed by the top 11 African nations (H1 2024)
  • Just 11 countries hold 69% of Africa’s total external debt.
  • South Africa (14%) carries the highest share.
  • Egypt (13%) and Nigeria (8%) are among the top three.
  • Countries from Northern and Southern regions hold over 30% of Africa’s external debt.
  • Many of these nations rely on debt to drive development, but without efficient utilisation, rising debt could become a major drag on future progress.
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Key takeaways:

  • Africa’s wealthiest individual, Aliko Dangote, is approximately twice as rich as Johann Rupert and Nicky Oppenheimer.
  • Each of the three richest men in Africa have a net worth exceeding $10 billion.
  • Aliko Dangote maintains his status as Africa's wealthiest man, with a fortune that surpasses his closest rival by more than $9 billion.
  • The cumulative net worth of the five richest men in Africa is around $65.2 billion.
  • The difference in net worth between Africa's richest man and the fifth richest man is $17.1 billion.
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  • 68.9% of non-custodial sentences fall under community service. This sentencing method is by far the most utilised, indicating a strong preference for rehabilitation through public work.
  • Restorative justice is gaining traction (18.9%), emphasising reconciliation between offenders and victims rather than punitive measures.
  • Probation is the least utilised; despite being a common alternative to detention in other systems, probation accounts for just 5.6% of non-custodial sentences in Nigeria.
  • 6.7% of cases fall under "others," which could include lesser-known alternatives such as conditional discharge or special rehabilitation programmes.
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  • For every woman sentenced to a non-custodial measure, there are nearly 12 men (35:415), highlighting a strong gender disparity in non-custodial sentencing.
  • Men account for more than 9 out of every 10 non-custodial cases (92%), suggesting that crimes leading to these sentences are far more common among male offenders.
  • Women’s representation in non-custodial sentencing is much lower than their general crime conviction rates, indicating potential differences in crime type, judicial discretion, or rehabilitation approaches.
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Key takeaways:

  • Mozambique has the fewest individuals requiring support from the United Nations.
  • The UN plans to help 3.6 million of the 7.8 million people in Nigeria who require assistance.
  • Sudan is the only Northern African country recorded by the UN as having people in need.
  • In East and Southern Africa, the countries with the highest and lowest numbers of individuals in need are Ethiopia and Zimbabwe, respectively.
  • The Democratic Republic of Congo and Niger have the highest and lowest number of individuals needing assistance, respectively, in West and Central Africa.
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  • In February 2016, petrol was at its lowest price of 99.80 per litre, marking the last time fuel prices remained below 100.
  • By November 2024, petrol prices soared to an all-time high of 1,214.17 per litre, reflecting the compounded effects of inflation, currency depreciation, and global oil price volatility.
  • Over the nine-year period, the average petrol price stood at 272.65 per litre.
  • Between January 2016 and December 2024, petrol prices increased by 1,079.52, a staggering 984.96% rise, emphasising the long-term upward trajectory influenced by economic challenges, subsidy removals, and fluctuating exchange rates.
  • The most volatile period recorded a month-to-month price surge of over 129.23%.
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  • 66.6% of inmates (53,408) are awaiting trial, meaning 2 out of every 3 prisoners have not been convicted. This highlights major delays in the justice system, leading to prolonged detention without sentencing.
  • Male inmates dominate the prison population at 97.7%, with similar trends in both convicted (98.3%) and awaiting trial (97.4%) categories, highlighting a significant gender disparity in detention rates.
  • Only 33.4% of inmates (26,775) have been convicted, while the majority remain in legal limbo. This suggests that slow judicial processes are contributing to prison overcrowding and potential human rights concerns.
  • 75.4% of female inmates (1,399 out of 1,855) are awaiting trial, meaning only 1 in 4 female prisoners has been convicted
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  • The NGX premium board accommodates an elite list of companies that meet specific requirements
  • Six of the eight companies are audited by EY and KMPG, with each firm auditing three companies
  • PwC audits the remaining two companies on the premium board
  • Deloitte is the only big four firm that does not audit a premium board company
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  • Listed banking groups in Nigeria are all audited by the big four
  • KPMG is the top auditor for the industry, auditing five companies
  • Deloitte audits four companies, close behind KPMG
  • EY and PwC audit three of the five tier one banks
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  • MTN remains the market leader, growing from 26 million subscribers in 2013 to 75 million by early 2025.
  • MTN's market share was 53.10% in early 2025, with over 75 million active data subscribers.
  • Airtel saw consistent growth, rising from 8.2 million in 2013 to 48.7 million in 2025, now commanding over 34% market share.
  • Globacom’s data subscriber base peaked in 2023 at 43.7 million but fell sharply by 2025 to 15.8 million.
  • 9mobile's market share in 2025 dropped to just 1.29% from its 2016 peak of 16.31%.
  • Globacom’s market share dropped significantly from its peak of 29.27% in 2017 to 11.16% in 2025.
  • Airtel doubled its market share from 18% in 2013 to 34% in 2025.
  • 9mobile's data subscriber base crashed by 88% from its 2016 peak to less than 2 million in 2025.
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  • Mohamed Salah leads with 186 goals, ranking 5th all-time in Premier League history.
  • Sadio Mané (111 goals) and Didier Drogba (104 goals) are the only other Africans to cross the 100-goal mark.
  • Yakubu Aiyegbeni is Nigeria’s top scorer in the Premier League with 95 goals.
  • Emmanuel Adebayor (Togo) ranks 4th among Africans with 97 goals.
  • Yaya Touré, though a midfielder, scored 62 goals, making him one of the most prolific African midfielders in league history.
  • The presence of three Nigerians—Yakubu, Kanu, and Efan Ekoku—shows Nigeria’s enduring legacy in the league.
  • Côte d'Ivoire also boasts of three players among the top 10 list.
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  • In every year from 2013 to 2025, over 65% of JAMB candidates scored below 200.
  • The highest share of candidates scoring 200 and above was 34.3% in 2016.
  • The years 2015 and 2016 marked the most significant shifts in performance, with over 30% scoring 200+.
  • The year 2021 recorded the lowest share of high scorers (12.9%) after 2013 and 2014.
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  • Migrants living in Nigeria sent out over $3.2 billion in personal remittances between 2000 and 2023.
  • The year 2015 recorded a sharp and unusual outflow of $1.04 billion, the highest by far in the entire 24-year span.
  • After 2015, remittance outflows sharply declined, stabilising below $100 million from 2018 onward.
  • Prior to 2015, outflows were consistently under $110 million annually, indicating a major anomaly in that spike year.
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  • Nigeria received a total of approximately $430 billion in remittances between 2000 and 2023.
  • The highest amount recorded was in 2018, when remittances peaked at $24.31 billion.
  • In 2020, inflows dropped significantly to $17.21 billion due to the global COVID-19 crisis.
  • Between 2021 and 2023, remittances remained stable, averaging around $19.7 billion per year.
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  • Meta’s revenue reached $42.3B in Q1 2025, more than triple its Q1 2018 revenue, marking a steep and sustained growth curve.
  • Net income surged to $16.6B, its highest in a first quarter, reflecting efficient cost structures and monetisation strategies.
  • The U.S. alone contributed 26.1% of this revenue, followed by Asia Pacific (15.8%) and Europe (7.4%).
  • The “Rest of the World” brought in over 50% of Meta’s total revenue, highlighting a growing influence from emerging markets, including Africa.
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