Online activity is on the rise in Nigeria, with internet subscriber numbers growing and digital transactions increasing, though uptake risks being slowed by gaps in infrastructure.
Nigeria
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Economic update | ICT adoption accelerates in Nigeria
30 Sep 2015
Low oil prices have hurt Nigeria’s upstream revenues but a long-overdue administrative restructuring of the national oil company and improved production at Nigeria’s refineries should give the country’s downstream hydrocarbons sector a welcome boost.
Buoyed by improvements in headline indicators, the insurance sector in Nigeria is seeing a steady increase in interest from overseas investors, with strong long-term fundamentals underpinned by low penetration rates in a rapidly expanding population, coupled with moves to broaden product options to include sharia-compliant policies.
Nigeria’s newly elected President Muhammadu Buhari, who was sworn in on May 29, has signalled his intention to restore confidence in the country’s economy, but as he takes office, a number of pressing issues are demanding his attention, including slowing oil revenues, fuel shortages and rising inflation.
Articles & Analysis | Good hotels and resorts in Nigeria from The Report: Nigeria 2015
SOUTHERN SUN HOTEL
IKOYI 47 Alfred Rewana (Former Kingsway) Road, Ikoyi, Lagos
T: (+234) 1 280 5200, 1 280 0630
F: (+234) 1 280 0658, 1 280 0559
www.southernsunikoyi.com
reservations@southernsunikoyi.com
Rooms: 195 luxury bedrooms, including 86 standard and 97 executive rooms, 4 suites, 2 executive suites, 5 junior suites and 1 wheelchair-...
Articles & Analysis | Useful tips for business or leisure travellers to Nigeria from The Report: Nigeria 2015
ETIQUETTE
Relationships are very important within the business community. Meetings typically open with casual discussion about family, health and travel, along with an exchange of greetings and a handshake. The discussion commences at the host’s...