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Nigeria

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Geographical location

Economy and finance

Average monthly income (USD, gross)
$ 170 (2025)
Inflation rate
24.7% (2023)
Unemployment rate
3% (2024)
Below the poverty line
40.1% (2018)
Gini coefficient
35.1 (2018)

Tobacco consumption

Total tobacco consumption
2.6%
Smoking men
0.3%
Smoking women
4.8%
Current as of
2025

Area (sq. km)

Total area
923768
Land area
910768
Water area
13000

Popular payment systems

  • Paystack
  • Flutterwave
  • PayPal
  • Visa
  • Mastercard

Popular social networks and messengers

  • Instagram
  • TikTok
  • Facebook

Age structure

0-14 years
40.4%
15-64 years
56.2%
65+ years
3.4% (2024)
Current as of
2024

Religion

Main religion
Islam
Current as of
2025

General information

Сontinent
Africa
Time zone
UTC+1
Tier
Tier-2
ISO code
NI
Capital
Abuja
Official language
English

Average consumer spendings

Food products
59.3%
Alcohol and tobacco
0.9%
Current as of
2023

Alcohol consumption per capita (liters per year)

Total quantity
4.49
Beer
0.73
Wine
0.09
Spirits
0.4
Other alcohol
3.27
Current as of
2019

Population and society

Population size
236747130 (2024)
Male population
119514449
Female population
117232681
Population growth rate
2.52% (2024)
Birth rate (per 1,000 people)
33.8 (2024)
Death rate (per 1,000 people)
8.4 (2024)
Urbanization
54.3% (2023)

Credit ratings

Fitch
B (2020)
Moody's
B2 (2017)
Standard & Poors
B- (2020)

Age-sex pyramid

Phone operating systems

Android
86.62%
iOS
10.05%
Current as of
2025

Internet and telecommunications

Telephone code
+234
Internet domain
.ng
Number of mobile phones (per 100 inhabitants)
1
Internet user penetration
39%
Fixed internet penetration
1%
Current as of
2023

Last update: 2025-08-18