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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.
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Nigeria’s Access Bank plans to raise fresh debt once its current N13.5 billion ($90 million) 3-year bond expires at the...
The last prominent militant in Nigeria’s oil-rich Delta region has given up his weapons after agreeing to a government...
An N18.5 billion naira bond by Nigeria’s Imo state to help fund infrastructure was fully subscribed, the issuing houses...
Crisis is nothing new for Cecilia Ibru. As the Managing Director and CEO of Nigeria’s Oceanic Bank International, she...
Analysts at Renaissance Capital call it the numbers game in Africa’s biggest market with a population of 150 million...
Chief executives of brokerage firms have asked for more seats on the Council of the Nigerian Stock Exchange (NSE), with...
Central Bank of Nigeria (CBN) Bars Foreign Exchange (Forex) Transfers among Retail Banks The Central Bank of Nigeria...
Nigeria’s government is asking cinemas to stop showing a science fiction film, District 9, that it says denigrates the...
Globacom Limited, Nigeria’s second national operator (SNO) has its eyes on Aircom, a GSM licensee in Cote d‘Ivoire in a...
For Nigeria’s insurance industry to survive the current world economic recession, stakeholders have stressed the need...
Absa’s Deputy CEO Louis von Zeuner said that Absa was applying for a representative office licence in Nigeria. Mr.
Following a Central Bank of Nigeria (CBN) announcement, local computer assembler Omatek Computers has been forced to...
Ngozi Edozien, CEO, Actis West Africa, higlights that the signficantly increased strength of Nigeria’s private sector...
VIDEO: Nigerian Bankers Face Charges
Nigeria has overtaken South Africa to become the continent’s largest mobile market with over 65 million subscribers,...
When it comes to fashion and lifestyle products, American and European women enjoy taking risks and setting trends with...
The Governor of the Central Bank of Nigeria (CBN), Lamido Sanusi, said he would welcome foreign ownership, including...
Nigeria’s government has set a 60-day deadline for the privatization of the state-owned incumbent telco NITEL,...
Nigeria’s Economic and Financial Crimes Commission (EFCC) said on Thursday that it has recovered NGN25 billion from...
The Nigerian Communications Commission (NCC) has received board approval to open fresh licensing for spectrum in the...
A showdown between President Umaru Yar’Adua and powerful Nigerian oligarchs over his moves to break their grip on the...
Financial Times video interview of Akin Akinola, a Nigerian, who left his New York-based Investment Banking job to...
Top Sources: Nigeria's Economy
- chairmanking.com
- BusinessWeek
- ngrguardiannews.com
- platts.com
- thisdaylive.com
- broadstreetlagos.com
- punchng.com
- Reuters UK
- thenationonlineng.net
- BBC
