Nigeria

Displaying 115 - 120 of 476

 

When Nigeria’s economy was flourishing a decade ago, the country earned a reputation as one of the most expensive places in the world for construction undertakings. Strong demand for expertise, labour and supplies for major hydrocarbons projects pushed up prices and ensured hefty profits for construction firms. Yet while it may have slowed...

 

Following a difficult 2016 the Nigerian construction sector showed signs of stronger growth in the first half of 2017. The uptick in activity comes on the back of a low base, however, as the country’s first recession in 25 years affected private investment in real estate building and oil companies had to scale back investment plans due to...

 

Nigeria’s real estate sector has traditionally been defined by an abundance of demand and relatively limited supply, whether in residential, commercial or retail space. The boom in the country’s economy in the years following the global financial crisis of 2008 led to a surge of investment in Nigeria and attracted a range of businesses,...

 

There are a wide variety of urban mass transit options in Nigeria, with many of these services privately run. Options in large cities include regular taxis, ride-sharing services, motorcycle cabs, rickshaws and minibus services.

 

With Africa’s largest economy and its biggest population, Nigeria’s growth potential has been widely reported; however, long-term bottlenecks have prevented the country from realising that potential. The transport sector has been identified over the years as one of those bottlenecks. As a result of decades of poor maintenance and...

 

Long-awaited modern rail services in Nigeria have finally begun to pick up momentum since 2016. Construction of a new standard-gauge corridor linking Lagos in the south to Kano in the north is under way, with the first section connecting Abuja and Kaduna opening in July 2016.

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