Nigeria

With the global tourism industry hit hard during the financial crisis and growth slowing in larger markets, international hotels and tourism experts are looking at new opportunities for expansion. Capital investment is set to rise by 7.6% in 2013 to $1.89bn. Internationally branded hotels dominate the market, with several new projects in the pipeline for Lagos and Abuja in particular. Business...

Strong growth in both equities and bonds in 2012, driven by foreign portfolio inflows that more than tripled from $5bn in 2011 to $17bn in 2012, according to the World Bank, cast off the long shadow of the 2008 financial downturn. With liquidity returning, authorities are planning to deepen and diversify the markets through reforms and the launch of new products. While Nigeria remains exposed to...

OBG introduces the reader to the different aspects of the legal system in Nigeria, in partnership with Ajumogobia & Okeke. OBG talks to Ovie Ukiri, Managing Partner, Ajumogobia & Okeke, on transfer pricing regulations.

In conjunction with PwC Nigeria, OBG explores the taxation system, examining Nigeria’s investor-friendly environment. OBG talks to Taiwo Oyedele, Partner & Head of Tax, PwC Nigeria.

In the six decades since independence, the national health care network has improved on a piecemeal basis, driven primarily by a handful of international organisations and, more recently, government entities at the federal, state and local levels. The sector is guided by the National Strategic Health Development Plan (2010-15), which runs alongside the wider aims outlined in the Vision 20:2020...

The education sector was allocated $2.69bn in the 2013 federal budget, making it the highest recipient of government spending. A large youth population –estimated at 75m people – points to rapidly expanding demand for education and training of all types for years to come. Boosting private sector activity, particularly at the primary level, continues to be a fundamental objective of the government...