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  • With assets worth ₦536 billion, Leadway Assurance was the leading insurance company by total assets as of 2022  two times more assets than second-placed AIICO Insurance with ₦270 billion. These are the top ten insurance companies in Nigeria by total
    assets as of 2022.

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    In 2022, the US hosted a diverse African immigrant community, totaling over 2.75 million. ​​ ​Nigerians make up the largest group at 448,405 (16.3%), followed by Ethiopians (10.6%), Egyptians (8.3%), and Ghanaians (7.8%).

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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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    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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  • 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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    Every Nigerian president since 1999 left office with a higher dollar to naira exchange rate than when they took office. Will President Tinubu's tenure be the exception?

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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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  • 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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  • 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.

    See more

Other Insights
Top African countries by number of citizens studying in the US in 2020
  • Nigeria remained the top African country for students in the U.S., with 20,029 students enrolled in the 2023/2024 academic year, marking a 13.5% increase from the previous year.
  • Ghana saw the highest growth rate among African nations, with a 45% increase in students, totaling 9,394 in the U.S. during the 2023/2024 academic year.
  • These countries collectively contributed significantly, with 4,507 (Kenya), 3,078 (Ethiopia), and 2,814 (South Africa) students studying in the U.S. during 2023/2024.
  • Sub-Saharan Africa was the fastest-growing region for international student mobility to the U.S., experiencing a 13% overall increase in the 2023/2024 academic year.
  • In the 2020/2021 academic year, Nigeria had 12,900 students, Ghana had 4,200, and Kenya had 3,500 students enrolled in U.S. institutions.
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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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The United States of America dominated the 2020 Olympic Games, winning a total of 113 medals followed by China with 88. No African country is in the top ten by the number of medals won.

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South Africans held more private wealth than people in Egypt, Nigeria, and Morocco combined. Africa's most populous country and home to the continent's richest man, Nigeria, ranked third after Egypt. Here are the top African countries by private wealth held as of December 2020.
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More Nigerians have been issued Canadian Study Permits than any other African citizen in the first half of 2021. Here are the top 10 African countries by citizens issued Canadian Study Permits in H1 2021.

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Lagos State has recorded 296 building collapses — 65% of all such incidents in Nigeria since October 1974. On Monday, November 1, 2021, a 21-storey building collapsed in Ikoyi, Lagos. Here are the top 20 recorded building collapse incidents by state in Nigeria since October 1974.
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States and the FCT accounted for ₦4.12 trillion — 19.98% of Nigeria's Total Domestic Debt and 12.45% of the Total Public Debt, with Lagos having the most outstanding debt of ₦507.4 billion — 12.3% of the Total Debt Stock by states and the FCT.
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According to Chainalysis, over $520 million worth of cryptocurrency was stolen from services and individuals through hacks and non-technical attacks like social engineering and phishing efforts in 2020.

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According to UNCTAD, most developing countries move more than 80% of their internationally-traded goods by sea. In Africa, Nigeria had the most maritime merchandise trade in 2020.
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As of 2021, only 10 African countries have enacted a Freedom of Information (FOI) Act with three of these countries enacting theirs in 2011. South Africa was the first country on the continent to enact a FOI act in 2001.

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In October 2021, the average price of 12.5kg cooking gas in Nigeria increased by 62.76% in October 2021 compared to October 2020. Between August 2021 and October 2021, the price increased by 47%.

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  • Two of the top five markets by ARPU are in its Southern African region.
  • Two of the top three markets by ARPU are units that are operating as joint ventures
  • Nine markets are less than the group's ARPU
  • Benin recorded the highest ARPU across its West African markets
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