• From 2.99B in 2015 to 7.42B in January 2025, the world has added more than 4.4 billion smartphone devices in a decade.
• Annual growth dropped from a high of 23.1% in 2016 to 3.6% in 2025, a clear sign of global market saturation.
• During 2016-2018, the world added nearly 2 billion new smartphones.
• Since 2020, annual growth has been under 6%.
• Most of the future growth will come from device upgrades or multiple device ownership, not necessarily new smartphone users.

• Between 1995 and 2000, internet users jumped from 39.4 million to 394 million, a 900% leap that marked the beginning of the digital era.
• Just 14 years after the first website, over 1 billion people were online, showing how quickly the internet became essential.
• Between 2010 and 2015, internet usage grew by 54.5%, slower than before but still powerful, especially in developing regions coming online.
• With 5.6 billion users in January 2025, most of the world is now online, and future growth will be more about improving access, speed, and quality than just connecting new people.
• Each phase had its catalyst. In the 1990s, it was websites and email. The 2000s brought broadband and Google. In the 2010s, it was smartphones. Now, it's AI, 5G, and IoT that are quietly shaping the future of internet use.

• At -16.02% CAGR, Nigeria's GDP per capita is shrinking fast, signalling deep economic strain on its population despite being a top 4 African economy.
• Angola recorded 8.28% CAGR, showing that smaller economies can drive significant per capita progress when policies and investments align with citizen welfare.
• With 8.23% CAGR, Algeria continues to transform national wealth into measurable benefits for its people.
• Ethiopia’s 6.86% annual growth in GDP per capita highlights how consistent development efforts can raise living standards even in densely populated, developing nations.
• A modest 2.52% CAGR for South Africa might not sound like much, but in a mature economy, this reflects resilience and relative stability in per capita income.
• Egypt has a -1.41% CAGR, showing mild contraction, but far less severe than Nigeria’s economic shrinkage.

• Despite being among the top 4 economies by size, Nigeria ranks low in GDP per capita, revealing a disconnect between total wealth and individual prosperity.
• With the highest nominal GDP and highest per capita GDP, South Africa showcases balanced growth and better wealth distribution.
• Countries like Ethiopia and Nigeria have huge populations, which dilutes their GDP and drags down per capita figures.
• Though fifth in total GDP, Morocco performs better in GDP per capita, highlighting efficiency in wealth distribution.
• This proves that a country’s economic “size” doesn’t always translate to individual opportunity, wealth, or standard of living.
• Economies like Nigeria and Ethiopia must focus not just on increasing GDP but on ensuring that economic growth improves lives at the grassroots level.

Key Takeaways:

• The United States exported $318.7 million worth of agricultural products to Nigeria in 2024.
• Wheat accounted for nearly half of the US' agricultural exports to Nigeria, valued at $148 million.
• The trade balance substantially favours the United States, with exports to Nigeria ($318.7 million) nearly double imports ($114.7 million).
• The top three products account for 74.49% of all agricultural exports to Nigeria.

Key Takeaways:

• Oilseed meal and cake constituted the United States' largest agricultural import from Nigeria, valued at $29.9 million.
• Total US agricultural imports from Nigeria in 2024 amounted to $114.7 million.
• Cocoa beans represented 19% ($21.8 million) of Nigeria's agricultural exports to the US.
• Oilseed, cocoa, and tea collectively accounted for 59% of the total agricultural exports from Nigeria to the United States.

Key takeaways:

• Revenue grew impressively from ₦27.8 billion in 2015 to ₦129.2 billion in 2024, a 364% increase.
• The company recorded profitable years between 2017 and 2022, peaking at ₦1.15 billion profit in 2015.
• From 2015 to 2019, the company maintained consistent single-digit growth, averaging 9% each year.
• The revenue more than tripled between 2020 and 2024, reaching ₦129 billion in 2024.
• Losses were recorded in 2016, 2023, and 2024.
• Despite revenue more than doubling between 2022 and 2024, profitability reduced dramatically.

• Rwanda is a global leader in gender-inclusive governance, with nearly two-thirds (63.8%) of its parliament occupied by women.
• Latin American nations dominate the list, with Cuba (55.7%), Nicaragua (55.0%), and Mexico (50.2%) showing strong female political participation.
• The UAE stands out as the only Middle Eastern country in the top 10, achieving 50% female representation.
• Despite being a high-income European nation, Monaco has the lowest representation among the top 10, with women holding only 45.8% of seats.

• Only 4 countries have ever topped global oil production since 1973: the US, USSR, Saudi Arabia, and Russia.
• The USSR and Saudi Arabia each led for 17 years, while Russia held 9 and the U.S. reclaimed the top with 8 years, mostly after the shale boom.
• Top producers have peaked at 9–12 million barrels/day, but the US once dropped as low as 5 million in the 2000s.
• Nigeria peaked at 2.5 million barrels/day in 2005 and 2011, but never reached the top five.
• Global crude oil production grew by over 26 million barrels per day between 1973 and 2023—an increase of nearly 47% over 50 years.

Key takeaways:

• Revenue grew by 402% over a decade, from ₦14 billion in 2015 to ₦70 billion in 2024.
• The company witnessed an extraordinary post-pandemic recovery, with 111% revenue growth in 2021.
• There was a consistent strong performance from 2021-2024, with revenue more than tripling.
• Transcorp Hotels recorded a profit of ₦14.9 billion in 2024, representing a 326% increase from 2015.
• Despite setbacks, Transcorp Hotels’ performance improved notably from 2021 onward, marking strong growth.

Key takeaways:

• Despite a profit after tax record of ₦65.5 billion in 2024, Oando Plc recorded a negative growth rate from 2015.
• The company faced significant profit losses for several years, with notable improvements in 2021 and 2024.
• Profit after tax fluctuated, with a notable improvement in 2024, reaching ₦65.49 million.
• The year-on-year growth rate of 148% in 2022 indicates great market positioning.
• From ₦477.1 billion in 2020 to ₦4.1 trillion in 2024, Oando Plc's revenues increased by 764%.

• With nearly four hours daily, mobile internet is the primary way people interact with content.
• At 3 hours and 13 minutes daily, TV remains relevant but is being outpaced by mobile consumption.
• With 2 hours and 21 minutes daily, platforms like Instagram, TikTok, and X are where people spend much of their mobile time.
• Digital press consumption (58 minutes daily) outpaces traditional print (42 minutes), signalling a continued decline in physical media.
• Users spend 1 hour 25 minutes on music streaming, but gaming consoles only see 1 hour and 3 minutes, showing that on-the-go entertainment is preferred.
• With podcasts at 52 minutes and radio at 51 minutes, audio content is still relevant but not as dominant as video and social media.