Long the country’s Achilles heel, the electricity sector in Nigeria took another step forward in late May, when an increase in end-user tariffs was announced. Though the rise in prices prompted...
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Economic Update | Nigeria’s electricity sector raises end-user tariffs ahead of September audit
25 Jun 2014
Economic Update | Nigeria seeks to power up
16 Jun 2014
Following last year’s successful privatisation programme, Nigeria is looking to increase electrification rates, stepping up investments in transmission infrastructure while also boosting generation...
Economic Update | Investors show confidence in Nigeria’s hydrocarbons sector
29 May 2014
Nigeria’s recent GDP re-basing may have brought attention to the larger-than-expected role the services sector plays in driving growth, but in recent weeks, it has been the hydrocarbons industry...
Economic Update | Building from a new base in Nigeria
9 May 2014
The recalculation of Nigeria’s GDP may encourage more foreign investment and further development, though the rebasing process has also underscored the need for more of this newly identified wealth to...
Economic Update | Cement market, construction investments growing rapidly in Nigeria
17 Apr 2014
A favourable macroeconomic outlook – aided by a growing population, infrastructure investments and rising consumption – is driving the expansion of Nigeria’s cement market, with a number of large...
Economic Update | Nigeria licenses additional spectrum as it moves to increase broadband access
10 Apr 2014
The completion of a recent spectrum auction in Nigeria represents a big step forward for the mobile broadband networks. However, given the challenges and costs of maintaining the infrastructure for...
