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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.

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The most active stories in this topic based on user activity.

U.S. restates AFRICOM’s mission, urges supportmore

THREE years after the United States (U.S.) set up a military command for Africa known as Africa Command (AFRICOM), some...

Nigeria, Russia renew commitment to build Africa’s second nuclear powe...more

THE Federal Government and the Russia Nuclear Energy Corporation have concluded plans to build Africa’s second nuclear...

EFCC won'€™t drop Halliburton probe, says Wazirimore

Halliburton scandal to be investigated to a logical conclusion.

Government allocation triples in Julymore

DESPITE the huge allocations collected monthly by the three tiers of government, the July allocation seemed to have...

Nigeria's NNPC to reduce its stake in Brass LNGmore

Nigeria's state-oil company NNPC said on Monday it will reduce its stake in the long-delayed Brass Liquefied Natural...

In Nigeria, two voices for economic reformmore

Central Bank governor and ex-World Bank chief must put aside tensions to enact reform in Africa’s third-largest economy

New Nigeria Finance Minister Vows Tight Budget Amid Slump in Oil Reven...more

Nigerian Finance Minister Ngozi Okonjo-Iweala, who takes office this week, vowed to tighten fiscal policy amid falling...

Nigeria regains 200,000 bpd oil export as Shell's Bonga bounces backmore

Guardian News

Shell under fire over Arctic plans and paymore

Clashes over dividends, executive pay and environmental track record in Nigeria at annual meeting

Nationalised banks repay N170bn bail-out loanmore

The three Deposit Money Banks that were recently nationalised by the Federal Government on Tuesday liquidated the...

Platts - The Barrel: Nigeria: Rising violence ahead of elections threa...more

Nigeria is currently experiencing a surge in political violence in advance of upcoming elections on April 9,...

Airport Facilities: Stakeholders Move Against Further Concessionmore

Top officials of aviation parastatals will soon meet the Minister of Aviation, Mrs. Stella Oduah, to formally ...

Experts worry over continue depletion of nation’s foreign reservesmore

Some financial experts on Friday expressed worry over the continued depletion of the nation’s foreign reserve.

Nigeria Needs N56tr ($373bn)To Remedy 16 Million Housing Deficitmore

FMB: With adequate housing financing, Nigeria is capable of realizing her potential in mortgage delivery and economic...

UN warns on Niger Delta clean-upmore

The environmental restoration of a region in Nigeria’s southern delta which has been affected by more than 50 years of...

Nigeria oil cleanup could take 30 years, U.N. saysmore

Restoration of Nigeria's environmentally devastated oil-producing Niger Delta region could take up to 30 years, cost $1...

Shell’s Nigeria pay-out could top £250mmore

Royal Dutch Shell faces having to pay compensation of potentially more than £250m ($410m) after the Anglo-Dutch oil...

Nigeria: Nepotism as Bane of Graduate Employmentmore

...and dreams of graduates in Nigeria are daily meeting the sharp rocks of disappointment posed by corruption and...

Improved power generation: Coal option feasible, experts tell govtmore

PROPER utilisation of the abundant coal deposit in Nigeria, could guarantee generation of 1,000mw from every 2.

Oritsejafor replies Sultan, gives conditions for Islamic bankingmore

Two issues the Central Bank of Nigeria governor must address properly before the introduction of non-interest banking...

Analysis – Nigerian oil bill ducks transparencymore

Nigeria's long-delayed petroleum industry bill will do little to tackle transparency concerns over state-owned oil firm...

Nigeria: Presidency, National Assembly rework 2011 budgetmore

President refused to sign Appropriation Bill into law citing ‘expansionary and an unimplementable budget’ passed by the...

Islamic banking has come to stay – Sultanmore

The spiritual leader of Nigerian Muslims and Sultan of Sokoto, Alhaji Sa’ad Abubakar III, on...

Active telephone lines in Nigeria now 90.5 millionmore

The total number of active subscribers to telecommunications services in the country ...

Shell says it paid Nigeria $3.8 bil tax on offshore oil operation in 5...more

Shell said its joint venture operations contributed about $31 billion in revenue to Nigeria during the same period.

Topic Feed: Most active content in Nigeria's Economy

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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