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  • A country with strong infrastructure, affordable services, and high digital literacy, enabling everyone to use fast and reliable mobile internet will have a perfect score (100) on the GSMA's Mobile Connectivity Index 2023. South Africa leads in Africa with 69.53.
    Globally, Singapore is first, with a score of 93.7, setting the benchmark for mobile internet adoption. Only four African countries — South Africa, Mauritius, Seychelles, and Egypt — surpassed the global average score.

    Tunisia, Ghana, and Nigeria scored below the global average.
    The Mobile Connectivity Index analysed measured 173 countries' mobile internet adoption from 2014-2023, normalising indicators to a 0-100 scale for consistency. The factors assessed include infrastructure, affordability, digital literacy, and policy frameworks.

     

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    What fields were Nigerian students in the US enroled in during the 2022/2023 academic year?

    Science, Technology, Engineering, and Mathematics (STEM) fields took centre stage, collectively constituting a substantial 61% of the Nigerian student body.

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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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  • In 2022, Egypt, South Africa, Nigeria, Algeria, and Morocco collectively consumed an average of 2.712 million barrels of oil per day (Mb/d), 61% of the continent's daily oil consumption (4.478 Mb/d). African countries consumed 4.7% of the global usage (99.8 Mb/d).

    Egypt used the most (850.5 thousand barrels per day (Kb/d)), followed by South Africa (601.2 Kb/d) and Nigeria (514.5 Kb/d).

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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
Movie cinemas by states (2022)
Nigeria's cinema distribution is strikingly uneven, with Lagos emerging as the undisputed hub, housing 114 out of the country's 206 cinemas. This means more than half (54.8%) of Nigeria's cinemas are in Lagos alone. This dominance highlights the state's strong cultural, economic, and entertainment appeal, making it the go-to destination for film enthusiasts and industry players. Beyond Lagos, Abuja follows distantly with 17 cinemas, constituting 8.2% of the total. States like Edo, Kano, Delta, and Anambra collectively hold significant numbers but remain far behind Lagos. Interestingly, only 18 states are home to cinemas.
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Startups and funding raised in 2024
AI startups are growing in the innovation race in 2024, with ten companies from Forbes' AI 50 list collectively securing $29.5b in funding. OpenAI dominates the landscape with an impressive $11.3b, surpassing all other startups. Following OpenAI is Anthropic, which raised $7.7 billion, signalling significant investor confidence in companies driving large-scale AI advancements. These two companies alone account for over half of the total funding of all Forbes AI 50 firms. Databricks, a name synonymous with data infrastructure, comes in third with $4 billion in funding, emphasising the critical need for scalable data management systems in the age of AI. Meanwhile, Anduril, a defence technology innovator, secured $2.8 billion, showcasing how AI also shapes defence and national security sectors. Notably, the funding sharply drops after these four, with other companies raising less than $800m Note: Forbes’ AI 50, in partnership with Sequoia and Meritech Capital, highlights the top private startups advancing AI with the most promising business applications.
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Tourist centres in Nigeria (2022)
Enugu and Kwara lead as the states with the most tourist centres in Nigeria, boasting 17 tourist sites each. States like Edo (16), Kogi (15), and Oyo (15) closely follow, showcasing Nigeria's rich and varied attractions across different regions. Lagos, often called Nigeria's commercial capital, features prominently with 13 tourist centres.
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Train accidents in Nigeria by type (2020-2022)
In 2022, derailments accounted for 44% of all train accidents, increasing from 35% in 2021 to 38% in 2020. This shows the need to prioritise railway infrastructure maintenance. Locomotive failures also contributed to train accidents, making up 35% of cases in 2022. Although this is slightly lower than the 36% recorded in 2020, it still represents a significant proportion of rail incidents.
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The world's top ten semiconductor vendors control nearly 50% of the market share. Intel has maintained its position as the market leader, though its share has declined significantly from 15.4% in 2013 to 9.1% in 2023, and Samsung Electronics, its closest rival, has experienced a similar downward trend.

Apple and Nvidia have emerged as formidable contenders in the semiconductor business, joining the ranks of leading players in less than five years.
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Cinemas provide consumers with entertainment outside their homes, allowing them to watch the latest blockbusters with friends on a large screen. They also help movie producers get their films in front of thousands of people. In Nigeria, independent cinemas form the largest group, with names recognisable mostly within the towns where they exist. However, cinema chains are growing. Filmhouse Cinemas has 12 locations in five states, while Genesis Cinemas operates in six states, albeit with fewer locations than Filmhouse Cinemas. Unlike the other top five, Kada Cinemas has no cinemas in Lagos.
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