Health coverage is one of the areas most primed for growth in Nigeria’s insurance sector in the near future. Nigeria is working towards a goal of universal health care, and the responsibilities for realising this goal are distributed throughout multiple levels of government. New initiatives are expected to boost coverage and understanding of...
Nigeria’s latest bond issuances reflect the market’s shift away from government debt towards alternative funding instruments, such as infrastructure and green bonds, some of which may come with sovereign guarantees that partially cover default risks. For example, Abuja plans to use eurobonds more frequently for its funding needs, which is...
As the only member of the Organisation of the Petroleum Exporting Countries reliant on imported fuels, Nigeria has long dealt with an expensive trade situation, which has soaked up finite foreign currency reserves and put pressure on the naira. Sector stakeholders have called for the full deregulation of petrol prices, arguing that removing...
How is the Petroleum Industry Governance Bill expected to impact the gas and oil sector, and what is the current status of the bill?
Founded on its diverse agricultural base, abundant mineral and petroleum reserves, and a young and growing population of workers and consumers, Nigeria presents considerable potential to return high yields on investment in manufacturing segments. While the discovery of hydrocarbons and rising crude prices created a dependence on export...
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