Since its declaration of independence in 1960, Nigeria has played an active role in promoting regional stability and economic development. The West African country has been a leading member of both the African Union and ECOWAS. Through successive administrations, Abuja has adhered to the widely held mantra, “African solutions to African...
What are the advantages to investing in Nigeria, and what can be done to facilitiate deeper ties between Singapore and African countries?
Significant political progress has been made in Nigeria in the last 18 months. The ballot box has taken centre stage as the country has carried out a peaceful handover of power – its first since becoming independent – at both the executive and legislative level. The development is a significant one for this country of 184m people, although the...
This administration’s policy of “change” is to build a new Nigeria, which must reflect in the way we do things either as individuals or institutions. It is a change geared towards striving to be prudent in the way we manage our time, financial and material resources to ensure that we secure our country, rebuild our economy and make Nigeria...
Nigerians have created a large and diversified economy that has grown by about 7% a year over the last decade. This has been a remarkable achievement and a testament to Nigeria’s immense potential. The outlook, however, has weakened. Growth in 2015 was 2.7% – its slowest pace since 1999 – and only a modest recovery is expected in 2016. For a...
Nigeria is the third-biggest country in West Africa by area and 32nd largest in the world. With 853 km of coastline adjoining the Gulf of Guinea, it is well connected to international trade routes and acts as an important conduit of goods for its landlocked neighbours to the north. Nigeria is also blessed with an abundance of resources. In the last 18 months, significant political progress has...
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