Nigeria

Displaying 913 - 918 of 1023

To what extent does public expenditure jeopardise price stability and what is being done to control it?

Unique to Africa, Nigeria’s federal system of government remains subject to frequent calls for modification. The colonial powers’ policy of “divide and rule” left an independent Nigeria as a country with disparate levels of economic, political, social and cultural development. As JP Mackintosh wrote in his book Nigerian Government and...

In July 2012 the European Central Bank and the Central Bank of China reduced interest rates. What does this mean for these economies?

While Nigeria is the 14th-largest crude oil producer in the world and has the 10th-biggest proven reserves, the legacy of petrol subsidies has left a gaping hole in public finances. The partial lifting of these subsidies in January 2012 has given the government more room for manoeuvre, but dealing with the consequences of massive corruption in fuel...

What can be done to increase the UK’s private sector involvement in the Nigerian economy?

As the two largest economies in West Africa, the relationship between Nigeria and Ghana is a crucial one for the region. Trade ties are particularly important, and Nigeria’s high levels of liquidity serve as an important source of capital for Ghana. However, a recent dispute between the two countries concerning the status of Nigerian traders in...

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