The product of two years of work, recalibrated figures for Nigeria’s GDP, which shifted the base year from 1990 to 2010, were published in April 2014. As a result, the economy leapfrogged 10 places in global rankings, with 89% growth in GDP in one stroke. As in any rebasing exercise though, the new figures are a double-edged sword. The updated national accounts reveal...
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. The historically small industry in West Africa in general, and Nigeria in particular, looks set to become a more attractive destination for foreign...
With more than 250 ethnic groups, hundreds of languages spoken, and a reverence for traditional beliefs and customs, Nigeria boasts a vibrant cultural heritage which is preserved and celebrated in numerous festivals around the country. Nigerians’ flavour for exuberance, unabashed bravado and natural inclination for showmanship make these...
THE COMPANY: Zenith Bank is one of Nigeria’s largest banks by Tier 1 capital and shareholder funding, offering diverse operations in the financial sector. Beyond Nigeria, the bank also has subsidiaries and branches in The Gambia, Ghana, Sierra Leone, South Africa and the UK. In 2012 the bank was named the...
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