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  • ASUU strikes have lasted a total of 742 days since 2010. The longest to date was the almost nine-month-long strike of 2020. With another academic strike looming, we give you the trend of all ASUU strikes by duration since 2010.

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    According to the Global Peace Index 2021, South Sudan, Somalia, and DR Congo are Africa's least peaceful countries. As the world observes The International Day of Peace 2021, we present the continent's 20 least peaceful countries by their Global Peace Index 2021 score.

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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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    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.

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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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  • Nigeria's government collected ₦2 trillion in corporate income tax in H1 2023, with a spike from ₦469 billion in Q1 to ₦1.53 trillion in Q2. The corporate tax payments for H1 2023 are higher than any full-year collections from 2015 to 2021.
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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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  • 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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Other Insights
 
Nigerian students of Bini/Edo ethnicity had the highest tertiary institution completion rate as of 2013. Igbo, Ebira/Igbira, Ibibio, and Yoruba were notable ethnic groups in the top five. Which ethnic group do you think currently leads Nigeria's tertiary institution completion?
As of 2013, for a programme lasting at least four years, 21% of students from the Bini/Edo aged 25 to 29 completed their studies; for students between 30 and 34, it was 17%.
However, for those between 25 and 29 in a programme lasting at least two years, the Ebira/Igbira led with 41%, followed by Bini/Edo with 35%.
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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
 
Over the past nine years, the UK has been a major player in Nigeria's economy, contributing a substantial 43% ($47.5b) of the total capital imports. The UK's biggest capital investments in Nigeria occurred in 2014 and 2019. Since peaking in 2019, they have fallen 75% as of 2022.
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Examining road accidents in Nigeria from Q1 2019 to Q2 2023 shows that crashes increased in every fourth quarter. This can be attributed to increased road traffic during the festive periods. Here are road accidents in Nigeria from Q1 2019 to Q2 2023 and ways to reduce accidents.
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Nigeria's Federal Account Allocation Committee shared ₦1.85 trillion among 36 states between January and June 2023. Here is the revenue allocation by geopolitical zone in H1 2023.
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In 2022, the US exported $631 million worth of agricultural produce to Nigeria, with wheat the biggest export. It accounted for 76% of the exports followed by industrial ethanol (9.3%).

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Nigeria's debt burden has been a growing concern, with data revealing that for every $1 billion external loan repaid in the past decade, approximately $3 billion was borrowed. Here, we look at how the country has managed its external debt in the past ten years.
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African countries dominated the list of top diamond producers, with 11 of them among the top 14 in 2022. Russia tops the list with a production of 41.9 million carats, followed by Botswana, which produced 24.5 million carats. Here are the top diamond-producing countries in 2022.
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South Africa's broadband internet is the most affordable among the 25 African countries surveyed. Subscribers would work 1 hour 43 minutes to afford the country’s cheapest broadband internet.
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Surfshark's 2023 Digital Quality of Life (DQL) Index surveyed Internet affordability and four other key factors influencing the digital well-being of 121 countries, including 25 from Africa. Per the finding, Angola leads Africa in terms of Internet affordability in 2023.
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Data from the Boston University Global Development Policy Center shows that Chinese creditors have loaned African countries $167 billion since 2000, with Angola receiving 27% ($45 billion) of the amount. Ethiopia, Kenya, Zambia, and Egypt complete the top five.
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In the past seven years, 9mobile has experienced a consistent decline in its Internet subscriber base, with an average loss of 134k subscribers monthly since June 2016. This decline began after it reached 17.2 million subscribers — its highest ever — in April 2016. As of July 2023, 9mobile's Internet subscriber count was 3.9m. MTN had the largest share (68.1m) of Nigeria's 159m Internet subscribers as of July 2023. Glo and Airtel had almost equal shares, with 43.9m and 42.9m subscribers, respectively.
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  • Ayra Starr's Spotify listeners more than doubled in 2024, ending 2024 as the Nigerian artiste with the most monthly listeners on Spotify.
  • Rema recorded the highest peak in Spotify listeners among Nigerian artistes.
  • Rema lost 14.4 million listeners in the year.
  • Other artistes like Burna Boy, Tems, and Wizkid, also saw listener bases increase in 2024.
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Real GDP growth forecast by region (2025-2029)
  • Africa will consistently achieve the highest GDP growth rate, projected at 4.4% from 2026 to 2029.
  • The Asia & Pacific region remains robust, starting at 4.3% in 2025 but is expected to gradually narrow down to 4.0% by 2029.
  • The global average GDP growth will hover around 3.2% from 2025.
  • Europe exhibits the slowest growth, starting at 1.6% in 2025 and declining to 1.5% by 2029.
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Crypto ownership by continent
  • Asia has the highest number of crypto owners globally, with 326.8 million individuals
  • Despite having the smallest crypto user base (3 million), Oceania experienced explosive 1-year growth of 114.3% in crypto ownership between 2023 and 2024.
  • Africa’s crypto ownership grew by just 8.5% over the past year, the lowest among all regions, with 43.5 million individuals owning cryptocurrency.
  • While some regions like Oceania and South America are experiencing rapid growth, Africa's slower adoption indicates barriers such as infrastructure and regulatory challenges.
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  • Between 2008 and 2015, Nigeria experienced consistent trade surpluses.
  • In 2023, Nigeria recorded the least trade surplus in 16 years since 2008.
  • Nigeria recorded trade deficits in three years (2016, 2020, and 2021) since 2008.
  • 2021's ₦1.9 trillion deficit marked a downturn in trade performance
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  • Lagos State Assembly added an extra ₦360b to the 2025 budget, more than four of the top states combined.
  • Yobe State Assembly is the only state legislative arm that passed a lower amount than the proposed figure.
  • Three of the top five states with the largest difference between presented and approved budgets are in the southern part of the country.
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