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NIGERIA'S ECONOMY

Nigeria’s economy is struggling to leverage the country’s vast wealth in fossil fuels in order to displace the crushing poverty that affects about 57% of its population. Nigeria’s exports of oil and natural gas have enabled the country to post merchandise trade and current account surpluses in recent years. The largely subsistence agricultural sector has not kept up with rapid population growth, and Nigeria, once a large net exporter of food, now imports some of its food products.

Nigeria's Economy is part of Business Exchange, suggested by Osize Omoluabi. This topic contains 1,110 news and 75 blog items. Read updated news, blogs, and resources about Nigeria's Economy. Find user-submitted articles and reactions on Nigeria's Economy from like-minded professionals.

News

Recent news on this topic.

Sanusi to Maintain ���Sustainable��� Nigerian Exchange Ratemore

(Updates with Sanusi interview starting in second paragraph.) May 10 (Bloomberg) -- Nigeria���s targeted exchange rate...

Markets Hub: Citi Now a $40 Stockmore

Personal Finance Real Estate Taxes Retirement Spending & Saving Careers Small Business Travel Tech All Things...

Nigeria's Sanusi Warns On Inflation, Fiscal Policymore

Central Bank of Nigeria Governor Sanusi Lamido Sanusi discusses the outlook for growth and inflation in Nigeria, the...

African Markets - Factors to watch on May 9more

after last week's solid U.S. payrolls data showed the economic recovery in the world's biggest economy was picking up...

China's investments in Africa bring multiple benefitsmore

seminar on prospects for Sino-African relations that China's investments cater to Africa's needs for a diversified...

How to Frighten Away Investorsmore

closely:�� in the category "Protecting Investors," Estonia ranks 59th ��� the same level as Turkey and...

Should You Abandon Your Mortgage?more

to do with your money. (It���s now somewhere after hiding it in your pillow and rescuing deposed Nigerian royalty.

Chinese investors bring Africa boons 2011-05-07 16:13more

seminar on prospects for Sino-African relations that China's investments cater to Africa's needs for a diversified...

The return of ���Drill, baby, drill���more

Canada, hardly an enemy, that John Candy movie notwithstanding. No. 2 is Saudi Arabia, followed by Mexico and Nigeria.

UK Stocks -- Factors to watch on Friday May 6more

as investors look to see if the U.S. employment data may revive a sense that the global economy is recovering fast.

WRAPUP 2-France expels 14 Libyan diplomatsmore

rebels, based in Benghazi, with millions of dollars in non-military aid to help them keep services and the economy...

Strong growth makes 1 in 3 Africans 'middle class'more

it cited an 81 percent increase since 2006 in the possession of cars and motorcycles in Ghana, whose economy may expand...

UPDATE 1-Nigeria's FCMB to recapitalise rescued peer Finbankmore

Bank will combine investment, commercial, retail banking (Adds details, background) By Oludare Mayowa LAGOS, May 6...

Backgrounder: 42 candidate sites for UNESCO World Heritage Listmore

Nha - Ke Bang National Park ( Vietnam). Twenty-nine cultural properties scheduled for consideration: Pearling,...

UPDATE 2-Nigeria's FCMB to recapitalise rescued peer Finbankmore

swung to profit in 2010 (Adds Finbank results, share reaction) By Oludare Mayowa LAGOS, May 6 (Reuters) - Nigeria's...

Rwanda to Seek Second Credit Rating in Bid to Sell Eurobondmore

makes most of its foreign currency from tourism and the export of coffee, doubled the size of its economy in the nine...

Private sector 'increasingly important' for development in Africa | Li...more

of the panel, which also includes Gra��a Machel, president of the Foundation for Community Development, Olusegun...

Nigerian naira broadly flat, dollar sales supportmore

The Nigerian naira NGN=D1 closed broadly flat against the U.S dollar on Wednesday on the interbank market, while large...

Growing Africa 'must diversify'more

from the Centre for Global Competitiveness and Performance, says: "African economies are not being integrated into...

Hugh Muir's Diarymore

"The policy guys later briefed us on Libya. TB asked how Gaddafi stayed in power. 'Terror, a better economy and a...

African growthmore

from the Centre for Global Competitiveness and Performance, says: "African economies are not being integrated into...

A rare good manmore

usually sparks more applause than the cast���s final bow. He has been something of a hero in Nigeria���s business...

Nigeria's central bank sees all rescued lenders soldmore

rush to sell unless terms are right By Ed Cropley CAPE TOWN, May 5 (Reuters) - All of Nigeria's systemically important...

Brent up on weaker dollar, China policy in focusmore

cited central bank vice governor Yi Gang as saying China would keep mopping up excess cash in the economy by raising...

UPDATE 5-Brent up on dollar weakness, inventory data eyedmore

cited central bank vice governor Yi Gang as saying China would keep mopping up excess cash in the economy by raising...

Top Sources: Nigeria's Economy

  • chairmanking.com
  • BusinessWeek
  • ngrguardiannews.com
  • platts.com
  • thisdaylive.com
  • thenationonlineng.net
  • ft.com
  • broadstreetlagos.com
  • punchng.com
  • Reuters UK

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