Economy

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With Africa’s largest economy and its biggest population, Nigeria is the continent’s heavyweight. The country has been blessed with resource-rich lands, areas of great agricultural fertility and favourable demographics, but it has also had its fair share of challenges, ranging from poor infrastructure, secessionist movements, military coups and religious violence.

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How important is energy security for Germany?

 

Economic behaviour is cyclical. All countries face ups and downs. Our own recession has been brought about by a critical shortage of foreign exchange. Oil prices dropped from an average of $100 per barrel over the last decade to an average of $40 per barrel in 2016-17. Worse still, the damage perpetrated by Niger Delta criminals on pipelines...

 

Given the size of its population and economy, and its high diplomatic profile in the African arena, Nigeria has a widely acknowledged role as continental heavyweight. Through successive administrations, and evidenced by the large military and financial contributions it has made to regional economic and peacekeeping efforts, Abuja has long...

Chapter | Table of Contents from The Report: Nigeria 2017

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Chapter | The Guide from The Report: Nigeria 2017

This section includes information on hotels, government and other listings, alongside useful tips for visitors on topics like currency, visas, language, communications, dress, business hours and electricity.

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