The strongest selling points of the Nigerian Stock Exchange (NSE) are the reforms and new products it is putting in place, together with the sizeable pools of funds available domestically for investment – a point often missed on cursory examination. However, the state of the economy today is not positive for the exchange. We could cite, inter...
Dangote Cement’s (DanCem) foray into cement manufacturing started in 2000, with its acquisition of the federal government’s equity stake in the Benue Cement Company. With investments in excess of $5bn, DanCem’s rise to the top has transformed the industry, taking the sector’s installed capacity in Nigeria from around 4.8m tonnes in 2000 to...
President Muhammadu Buhari has embarked on an active foreign policy during his first year in office. Nigeria’s new head of state has had a busy overseas itinerary, adopting an aggressive diplomatic agenda in pursuit of key policy aims laid out in his 2015 election campaign. The policy has reaped some rewards for Abuja’s security and economic...
What are the advantages to investing in Nigeria, and what can be done to facilitiate deeper ties between Singapore and African countries?
Founded by the Treaty of Lagos in 1975, ECOWAS has served as a force for regional integration in areas ranging from education to security to monetary policy. The organisation is comprised of fifteen neighbouring countries including Benin, Burkina Faso, Cape Verde, Côte d’Ivoire, The Gambia, Ghana, Guinea, Guinea Bissau, Liberia, Mali, Niger,...
The most populous country and arguably the largest economy on the continent, Nigeria is widely regarded as an African powerhouse. With abundant natural resources and a young, dynamic population, the country has long played an important role on the continent and it has the potential to be a wider global player in the coming decades.
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