To what extent have the recession and post-recession policies affected the Nigerian economy?
Nigeria
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Increasing activity in Nigeria’s solar-powered mini-grid industry, coupled with government support for off-grid solutions, has the potential to electrify a significant portion of the rural population and circumvent transmission issues.
Some of Nigeria’s main cement producers have seen earnings rise on the back of strong demand, but although sustained consumption growth is forecast for the near term, challenges remain in the form of high logistics costs.
Economic update | Increased public spending to support upgrade of Nigerian transport infrastructure
6 Aug 2018
Nigeria’s transport sector is set to benefit from increased spending under the newly ratified federal budget, spurring improvements to road and rail infrastructure, and providing opportunities for expansion of the logistics sector.
Nigeria is set for an increase in activity on its stock market, with the country’s first initial public offering (IPO) in more than three years expected in the second half of 2018.
Nigeria has strengthened efforts to improve its foreign exchange (forex) liquidity with the announcement of a multibillion-dollar currency swap deal with China.