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
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Nigeria has strengthened efforts to improve its foreign exchange (forex) liquidity with the announcement of a multibillion-dollar currency swap deal with China.
Economic update | Nigeria aims to reduce financially underserved population via agent banking
30 Apr 2018
Under a new expansion programme, agent banking is set to bolster ongoing efforts to improve financial inclusion in Nigeria.
A rallying economy and higher levels of liquidity are helping to put Nigeria’s real estate sector on the path to recovery, although infrastructure shortfalls and a lack of affordable offerings in the mid-market range could still curb growth.
Nigeria is proving to be an attractive draw for major manufacturers of fast-moving consumer goods (FMCG), supported by an expanding domestic market and renewed momentum in the broader economy.
Economic update | Nigeria: Year in Review 2017
22 Jan 2018
Higher levels of energy production, supported by rising prices, underpinned a recovery in Nigeria’s economy in 2017, with further gains expected this year.