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  • Revenue from voice is still the largest contributor to Airtel Africa's revenue between 2019 and 2023 however its share of the revenue has been on a steady decline. Voice went from accounting for 60.97% of the total revenue in 2018, to 46.16% in 2023. The share of revenue from data and Airtel Mobile have been on a steady rise since 2020.

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    Since launching in 2007, the iPhone has been a key part of Apple's revenue stream. Apple's 2021 annual report shows that net sales for iPhones accounted for over half of the company's total net sales for the year.

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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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  • 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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    Africa's sanitation crisis is alarming, with 17 of the top 20 countries having the highest open defecation rates.

    Eritrea (67%), Niger (65%), and Chad (63%) lead, putting millions at risk of disease.

    Even Nigeria, the most populous African country, has 18% of its population practising it.

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  • 10.7 million US non-immigrant visas were issued in 2023, 36% more than in 2022, with Mexicans receiving nearly 23% of the total. The top five countries received more than half of the total issuances. Nigeria — 15th on the list — received 1%.

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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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  • 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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Other Insights

Management of maternal and neonatal health complications is crucial to reducing maternal and infant mortality rates in Nigeria. In a newly released National Health Facility Report 2023 by the Ministry of Health and Social Welfare, competence in managing postpartum haemorrhage (PPH) varies across zones and states.

PPH is a situation where a woman experiences heavy bleeding after giving birth and is the leading cause of maternal mortality. Across the health facilities surveyed, the North East has the highest percentage of facilities providing appropriate treatment for PPH at 50.2%, which reflects the generally low provision of the needed care for PPH across the country.

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Top and bottom 10 states by number of doctors (2022)

The distribution of doctors across Nigeria shows disparities, with regional inequities in healthcare professionals. The North East, with only 2,420 doctors, has the lowest number of doctors among all geopolitical zones. This is less than half of the North West's total and significantly lags behind the South West, which leads with 13,624 doctors. The gender gap is also evident, as there are more male doctors across all regions.

Lagos State stands out with 7,385 doctors, far surpassing the next in line, the Federal Capital Territory (FCT) Abuja. Meanwhile, five of the six states in the North East rank among the bottom ten states.

N.B. Unspecified bar represents doctors with unverifiable location identities.

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Number of doctors by region and gender (2022)

The distribution of doctors across Nigeria shows disparities, with regional inequities in healthcare professionals. The North East, with only 2,420 doctors, has the lowest number of doctors among all geopolitical zones. This is less than half of the North West's total and significantly lags behind the South West, which leads with 13,624 doctors. The gender gap is also evident, as there are more male doctors across all regions.

Lagos State stands out with 7,385 doctors, far surpassing the next in line, the Federal Capital Territory (FCT) Abuja. Meanwhile, five of the six states in the North East rank among the bottom ten states.

N.B. Unspecified bar represents doctors with unverifiable location identities.

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AI in Nigerian workplace

One of the major concerns in the workplace in 2024 is about how artificial intelligence (AI) will redefine jobs.
Only a small percentage of people in Nigeria are not sure about how AI will affect their jobs, with another 90.8% believing that they are safe and will work together with AI.

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Nigeria held the top spot in global cashew production from 2001 to 2010. This highlights a period of strong agricultural output, though the country has since been overtaken by India and Côte d'Ivoire. In recent years, Côte d'Ivoire has emerged as the world’s leading cashew producer, holding the top spot for three consecutive years as of 2022. This shift highlights the country's growing role in global cashew production. India and Mozambique once dominated global production, with India leading for 35 of the past 62 years.

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Once the world’s leading cashew producer, Nigeria saw production fall below 100k tonnes in 2022 after hitting a high of 800,000 tonnes in 2009. Despite this decline, experts believe the sector could generate $2.4 billion in foreign exchange annually if production is increased.

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Local company income tax in Nigeria surged threefold quarter-on-quarter in Q2 2024, reaching ₦1.35t. Agriculture, Forestry, and Fishing led with a growth of 474.5%, while Household Employment and Own-Use Production experienced the steepest decline at -30.22%

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Total number of products registered with NAFDAC from 2020 to 2022

Food and packaged water dominate NAFDAC registration, as close to 50% of all products registered between 2020 and 2022 were either food or packaged water. This suggests a significant focus on ensuring the safety and quality of these essential commodities. Human drugs also make up a substantial portion of registered products, reflecting the importance of regulating medications to protect public health. Cosmetics and herbal drugs follow closely with 13.2% and 6.5%, respectively.

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Top & bottom ten states by number of dentists (2022)

Lagos State leads the dental healthcare workforce in Nigeria with an impressive 713 dentists, a figure over three times higher than any other state. This dominance shows Lagos' position as a hub for healthcare professionals. Trailing far behind are the FCT (Abuja) with 208 dentists and Oyo with 185.

The gap becomes even more glaring when examining the bottom states like Taraba, with only eight dentists, and others such as Jigawa and Abia, with just nine each. These numbers paint a concerning picture for residents of these regions, who may face long travel distances or extended waiting times to access basic dental care. Interestingly, Borno State, which faces security challenges, has 53 dentists, surpassing several other states.

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Nigeria's import value increased by 8.7% quarter-on-quarter and 63% year-on-year, reaching ₦14.67 trillion in Q3 2024. China led as the top trading partner with imports valued at ₦3.57 trillion (24%), while Malta rounded out the top five with ₦767 billion (5%).

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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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Key Takeaways:
  • In 2024, ten publicly listed banks donated more than ₦20.97 billion to host communities.
  • Access Holdings Plc led the list with ₦6.74 billion, accounting for nearly 32% of total donations.
  • The top three banks (Access, Zenith, and UBA) contributed around ₦13.6 billion, or 65% of total donations.
  • Donations ranged between ₦113 million (Jaiz Bank) and ₦6.7 billion (Access Holdings).
  • Jaiz Bank donated the smallest proportion, 0.54%.
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  • The same countries—Burundi, Malawi, DR Congo, Mozambique, Niger, Liberia, Madagascar, Central African Republic, Chad, and Ethiopia—consistently occupy the bottom ranks over the years.
  • These countries remain far below the continent's average, often with GDP per person employed under $5,000 even in recent years.
  • Progress is marginal: while some, like Ethiopia and Mozambique, show slow growth, many fluctuate or even regress across periods.
  • Structural economic weaknesses, conflict, and low industrialisation seem to persist across the bottom group.
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  • In 2024, nearly 138 million children globally are still involved in child labour.
  • Africa accounts for 94.5 million (68.7%) of these children — the largest regional share.
  • Four in 5 child labourers under age 12 are based in Africa.
  • The global goal to end child labour by 2025 was not achieved.
  • Child labour has fallen by over 100 million since 2000, despite global child population growth.
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  • Lagos has grown from 325,200 in 1950 to a an estimated 17.2 million in 2025
  • The State’s fastest 5-year growth came between 1955–1960 at 62.7%.
  • Since 2000, growth has steadied around 18–20% every 5 years.
  • More than 10 million people added between 2000 and 2025 alone.
  • Growth continues to outstrip investments in housing, transport, and basic services.
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Key Takeaways:
  • India is projected to remain the world’s most populous country in 2054, reaching 1.69 billion, an increase of 246 million from 2024.
  • China’s population is expected to decline to 1.22 billion by 2054, marking a 14.1% decrease.
  • Nigeria is projected to rise to 5th place globally, with a population of 374 million, a 62% increase from 2024.
  • The United States remains the only high-income country in the top five, with a projected population of 384 million.
  • Pakistan is expected to climb from 5th to 3rd place, adding 138 million people by 2054.
  • Three African countries (Nigeria, Ethiopia, and the Democratic Republic of the Congo) are expected to rank among the top 10 most populous nations.
  • Russia is projected to see a population decline of 6.9%.
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