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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.

INEC postpones N/Assembly Elections till Mondaymore

Independent National Electoral Commission(INEC) Chairman blamed the postponement on ‘ unprecedented late arrival of...

Shell agrees sale of Nigerian oil block OML 40more

Royal Dutch Shell said on Friday it had agreed the sale of its Nigerian oil block OML40 to Eland Oil and Gas and local...

Asian Data Show Region Still Growingmore

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

Creative Industries Fared Well During Recessionmore

Program suggests that creativity and culture-linked industries were more resilient to the economic crisis.

MPR Hike Takes Toll on Real Estate Activitiesmore

The MPC had increased the benchmark interest rate by 100 basis points to 7.5 per cent, for the second time this year,...

Nigeria Rejects Brazilian Firm’s $100bn Offer for 23 Power Plantsmore

Says no firm outside the Bureau of Public Enterprises (BPE) advertised process would be considered for participation...

MasterCard is coping well with Nigerian market challenges, says Miebac...more

The growth of electronic payments in markets such as Nigeria, is taking off as payment cards are issued in significant...

More Africa countries seen growing GM cropsmore

began growing GM maize, and Burkina Faso started growing GM cotton. Now Kenya, Tanzania, Uganda, Malawi, Mali,...

Second Quarter Playbook Oil: History May Tell Allmore

?It?s the highest we?ve been for the past 30 months,? Terranova says. And with upcoming elections in Nigeria providing...

Pro Trader: History May Reveal Oil���s Next Movemore

s the highest we���ve been for the past 30 months,��� Terranova says. And with upcoming elections in Nigeria providing...

AFRICA MONEY-Opening the books to outsidersmore

to make their countries attractive." South Africa, far and away the continent's biggest and most sophisticated...

After Busy First Quarter, What's Ahead for Markets?more

re going to provoke again and act in a beligerent fashion that would really undermine the South Korean economy is...

Rattling the Cage: Israel is deporting kids ��� nowmore

Clev-errrr. AS OF yesterday morning, three infants and their mothers ��� two from the Philippines and one from Nigeria...

Ivory Coast���s Gbagbo, Wife, Three Aides Sanctioned by UNmore

Alassane Ouattara is the lawful winner of the Nov. 28 presidential election. The text, drafted by France and Nigeria,...

Ivory Coast Rebels Advancemore

The economic toll from the conflict also is mounting. After weeks of street battles, Ivory Coast's once-vibrant...

OIL FUTURES: Crude Down In Asia; Libya Inches Toward Stalematemore

geopolitical risk to increase over the next month. Tensions in Syria, Bahrain and Yemen continue to simmer, while...

FACTBOX - Nigeria's financial market reformersmore

Nigeria's financial market reformers LAGOS, March 28 Some analysts question whether they will continue to enjoy...

Intercontinental Nigeria Rises to 2-Week High on Access Mergermore

West African nation���s biggest lender. The merger ���is a welcome development as it reduces systemic risk,��� in...

Business Monitor International Launches Special Report on MENA Crisismore

oil firms with stakes in the Libyan oil market, high oil prices are generally positive for the Russian economy,...

China power fans fear, poll findsmore

negative. The two nations with the most positive views of China's economic growth were in Africa - Nigeria (82%) and...

UPDATE 1-Nigeria's Access Bank to merge with Intercontinentalmore

Afribank expected to announce deal this week (Adds quotes, background) By Chijioke Ohuocha LAGOS, March 27 (Reuters) -...

Hundreds of Thousands Flee Ivory Coastmore

people have fled their homes in Ivory Coasts main city, Abidjan, to escape the increasing violence and collapsing...

Hundreds of Thousands Flee Ivory Coast Crisis, U.N. Saysmore

people have fled their homes in Ivory Coasts main city, Abidjan, to escape the increasing violence and collapsing...

Nigeria unveils multi-billion dollar gas sector investments - Natural ...more

Nigeria unveils multi-billion dollar gas sector investments - read this Platts news article and other stories in...

World Bank approves $400 mln for Pakistan education sectormore

primary school level in Punjab and Sindh. "Pakistan's transition to a middle-income country in the global...

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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