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Economic Update | Non-oil sector to drive growth in Nigeria this year

23 Mar 2014
A new report from the IMF says growth in Nigeria will accelerate this year, but the economy still has a range of structural weaknesses, including rigid labour markets and insufficient power supply.

Economic Update | Nigeria aims at industry overhaul

10 Mar 2014
With an eye on value addition and employment, Nigeria is hoping two new state-backed programmes to support manufacturers will more than double industry’s contribution to the economy over the next...

Economic Update | Cocoa output rising in Nigeria as prices recover

26 Feb 2014
Cocoa revenues are set to grow strongly in Nigeria, the world’s fourth-largest producer, thanks to efforts to improve productivity, and higher prices on international markets.

Economic Update | Nigeria’s stock market looking to build on positive performance in 2013

10 Feb 2014
Although the tapering of the US quantitative easing programme is beginning to ruffle frontier and emerging markets, the Nigerian Stock Exchange (NSE) is looking to build upon a strong 2013 and...

Economic Update | Nigeria Year in Review 2013

27 Jan 2014
Nigeria’s economy continued to see strong growth in 2013, receiving a major fillip with the completion of the long-awaited privatisation of the power sector, along with a set of heavily...

Economic Update | A taxing time for Nigeria

12 Jan 2014
As Nigeria looks to broaden and stabilise its source of revenues, the government is taking steps to streamline a complex, multi-layered system of taxation that has historically resulted in wide-...

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