Nigeria’s access to the internet has long been hampered by a shortage of bandwidth, but a trio of new undersea cables is set to greatly improve the country’s connectivity. The first of these went...
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Economic Update | Nigeria: A broader connection
11 Aug 2010
Economic Update | Nigeria: Taking up non-performing loans
22 Jul 2010
After months of debate, the country’s House of Representatives and Senate passed a bill in late March establishing the Asset Management Corporation of Nigeria (AMCON), a parastatal agency that will...
Economic Update | Tender Drama
22 Jul 2010
After nearly a decade of false starts in the sale of its state telecommunications company, Nigeria recently announced it had found a buyer. However, the privatisation appears to have hit a rocky...
Economic Update | Nigeria: Executive Decision
22 Jul 2010
The Central Bank of Nigeria (CBN’s) wide-reaching reform campaign, which rocked the banking sector in 2009, is not done yet. After removing the executive management of a number of unhealthy banks and...
Economic Update | Housing for the Public
22 Jul 2010
The Nigerian real estate market was characterised by a focus on high-end projects until the third quarter of 2008, when lending dried up and demand plummeted. The subsequent credit crisis hit the...
Economic Update | A Year in Review 2009
22 Jul 2010
Hard-hit but unbowed by the global economic crisis, Nigeria has turned some of its attention to economic diversification and much-needed infrastructure construction. The tides look to be in the...
