After only one year operating, NTA-Star TV Network, a joint venture between state broadcaster Nigerian Television Authority (NTA) and Chinese media company StarTimes, has attracted some 400,000...
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Economic Update | Nigeria: Competition is good news for the airwaves
11 Oct 2011
Economic Update | Nigeria: An air of refinement
29 Sep 2011
With local refineries unable to meet domestic demand, Nigeria – Africa’s largest exporter of crude oil – currently imports more than 70% of its petroleum needs. However, this could change if plans to...
Economic Update | Nigeria: Mandating coverage
7 Sep 2011
More robust enforcement of mandatory insurance laws is set to increase Nigeria’s insurance penetration rate, which currently stands at less than 10%. In August, the National Insurance Commission (...
Economic Update | Nigeria: Targeting investment
25 Aug 2011
The prime functions of a newly revamped ministry are to reverse a decline in foreign direct investment (FDI) and to boost trade. On July 11, the federal government said it would replace the Ministry...
Economic Update | Nigeria: Increasing fertilisers production
15 Aug 2011
While agriculture accounts for about 40% of its national GDP, Nigeria currently produces only a small portion of the fertiliser consumed by its farmers. However, a radical change is in sight, with...
Economic Update | Nigeria: Sowing the seeds
29 Jul 2011
The Central Bank of Nigeria (CBN) has introduced a new initiative that could boost private sector lending to the agriculture industry. The Nigerian Incentive-based Risk-sharing System for...
