Nigeria

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What kind of factors underlie the significant levels of bilateral trade between India and Nigeria?

Central to the Transformation Agenda is an effective fiscal policy that prioritises investment in much-needed infrastructure and social development in health and education over wasteful recurrent spending. By improving its revenue collection and tightening capital budget disbursement, the Federal Ministry of Finance (FMF) aims to curb its domestic...

In 2012 Nigeria had about 17.6m micro, small and medium-sized enterprises (MSMEs) employing about 32.4 m people and contributing 46.54% of nominal GDP. A recent survey by the International Financial Corporation and McKinsey suggests that 80% of these MSMEs are excluded from financial markets. Suffice it to say that between 2003 and 2012...

Proper metrics are crucial to a full understanding of the economy. By most measures economic data on Nigeria is vague at best, with GDP estimated at between $247bn and $555bn in 2012, according to the UN, and a more commonly used $259.8bn, according to the National Bureau of Statistics (NBS), depending on whether one includes Nigeria’s significant...

Despite its occasionally turbulent political history, Nigeria has long been both a regional and international diplomatic force. The country is a member of the Economic Community of West African States (ECOWAS), a regional diplomatic and economic bloc of 15 member states with roughly 300m people. It is also a party to a raft of international...

What can the government do in order to tackle the challenge of youth unemployment?

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