IMF upgrades Nigeria’s 2025 growth projection to 3.4%
The IMF has revised Nigeria’s 2025 economic growth forecast upward to 3.4%, citing improved global conditions.
By The Numbers
Nigeria now has one PoS machine for every 41 persons – NIBSS
The rise is driven by fintech expansion and unemployment, prompting more Nigerians to enter the agency banking sector
Malaria crisis: 9 Nigerians die every hour –our nation’s silent epidemic
Nigeria’s malaria nightmare: 97% at risk as disease drains 40% of GDP – with 110 million cases yearly, malaria costs Nigeria billions in lost productivity
NIBSS reports 320 million active bank accounts in Nigeria as of March 2025
Despite the rise in active accounts, only 66.2 million Bank Verification Numbers (BVNs) were registered as of July 2025.
How many prompts users send to ChatGPT each day
OpenAI says ChatGPT now handles 2.5 billion user prompts per day, underscoring the chatbot’s ubiquity in everyday workflows
CBN holds interest rate at 27.5% for third time in 2025 amid inflation concerns
“Monetary policy will need to maintain its current stance until risks to inflation recede sufficiently,” says Cardoso.
FG says diaspora remains underutilised despite $20bn remittance in 2024
Despite remitting over $20 billion in 2024, the Federal Government says the Nigerian diaspora remains one of the country’s most underutilised assets.
Lagos real estate boom: Eko Atlantic land now costs over N2bn per plot
A plot in Eko Atlantic that sold for N180m in the early 2000s now commands over N2bn, cementing Lagos’ luxury real estate as a top-tier investment
Top 20 most populous countries in 2025
This is according to recent demographic projections released by Statista.
Over 200 million videos restricted by TikTok, including 3.6 million from Nigeria
The report noted a 50% increase in Nigeria’s content removals compared to the prior quarter.