Long-awaited reforms to Nigeria’s oil industry may be gaining momentum again. Investors are seeking clarity about the new structures to be introduced by the passage of the Petroleum Industry Bill (...
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Economic Update | Nigeria: Oil legislation worries investors
2 Jul 2013
Economic Update | Nigeria: Seeking tourists
31 May 2013
While Nigeria’s economy has posted impressive headline growth rates in recent years, its tourism sector has remained relatively underdeveloped. Largely overlooked by a government and investors with...
Economic Update | Nigeria: Regulatory changes could enhance telecoms
23 May 2013
A government decision to enact long-awaited mobile number portability (MNP) regulations, together with infrastructure sharing, should go some way towards improving the quality of service in the...
Economic Update | Nigeria: Banks pledge to lend small
7 May 2013
The banking industry in Nigeria has pledged to increase lending to the country’s micro, small and medium enterprises (MSMEs) and make loans for the segment more affordable, although details of the...
Economic Update | Nigeria: Divisions fail to deter growth
18 Apr 2013
While the latest assessment of Nigeria’s economy carried out by the IMF maintains a robust forecast for annual growth in 2013, it also highlights the challenges the country faces, led by a struggle...
Economic Update | Nigeria: Opportunities in private power
8 Apr 2013
As evidenced by the constant hum of diesel generators across the country, electricity in Nigeria is a big issue, with low generating capacity having long hampered growth. However, sizable progress...