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Nigeria Market Share

Takaful Companies in Nigeria
Nigeria Demographics
Total
Population

221.2
million
Female
Population

49.5%
Male
Population

50.5%
Year on Year Change in Total Population

+2.4% +5.2K
Median Age of the Population

17.2
Urban
Population

53.8%
Population Density
(People per km2)

244.3
Overall Literacy
(Adults Aged 15+)

62.0%
Female Literacy
(Adults Aged 15+)

52.7%
Male Literacy
(Adults Aged 15+)

71.3%
January 2023
Source: United Nations; Local Government Authorities; World Bank; UNESCO; CIA World Factbook; Our World in Data; IndexMundi; KNOEMA; KEPIOS Analysis