Two years after the margin lending crisis first struck, the process of cleaning up Nigeria’s banking sector continues. Most recently, the Central Bank of Nigeria’s (CBN) aggressive efforts to improve...
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Economic Update | Nigeria: A fresh start
15 Jul 2011
Economic Update | Nigeria: Interest in non-interest banking
4 Jul 2011
Nigeria's plans to further develop its Islamic finance sector received a major boost on June 20 when the Central Bank of Nigeria (CBN) granted a local bank provisional approval to operate as an...
Economic Update | Nigeria: Fixed-income market boost
15 Jun 2011
A recent move by the Asset Management Corporation of Nigeria (AMCON) to list its N1.68trn ($10.85bn) bond on the Nigerian Stock Exchange (NSE) will give a boost to the country’s emerging fixed-income...
Economic Update | Nigeria: Expanding capacity
2 Jun 2011
Two new submarine fibre-optic cables have gone on-line in Nigeria in the past two years, with a third set to land in June. While this should eventually improve the nation’s spotty internet access,...
Economic Update | Nigeria: Stalled flight
26 May 2011
Nigeria’s efforts towards improving the safety of its aviation sector, in the wake of a disastrous 2005 and 2006, have finally begun to pay dividends, as international recognition of the regulatory...
Economic Update | Nigeria: Cementing infrastructure
28 Apr 2011
While manufacturers in Nigeria have long had to grapple with constraining operating conditions, such as an intermittent power supply, cement producers have managed to establish an enviable track...