Wide-sweeping changes to Nigeria's energy sector are under review as the federal government considers concerns from international oil companies over a reform bill meant to modernise the sector and...
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Economic Update | Raising Standards
22 Jul 2010
Economic Update | Banking Clean-Up
22 Jul 2010
The new head of Nigeria's Central Bank announced his presence by calling for a probe into the health of the country's banking system. An Economic and Financial Crimes Commission investigation...
Economic Update | Extending Aviation Concessions
22 Jul 2010
The Nigerian government has reaffirmed its commitment to extending the partial privatisation of the nation's airports, despite lingering doubts over the profitability of Nigeria's 17 remaining state-...
Economic Update | Creating Connectivity
22 Jul 2010
Citing mismanagement and underinvestment, the Nigerian government recently revoked the sale of Nigerian Telecommunications Limited (Nitel) and its mobile subsidiary, M-Tel. Despite this setback, the...
Economic Update | Interest in Public Housing Grows
22 Jul 2010
For the past two years, Nigerian banks and real estate developers have invested heavily in the high-end real estate sector, encouraged by high levels of liquidity following a number of consolidations...
Economic Update | Economy Still Floating on Oil
22 Jul 2010
Nigeria's economy is riding out the international financial crisis fairly well, registering solid growth and managing to avoid some of the international toxic debt market. Nevertheless, domestic...
