What is the single biggest challenge facing microfinanciers in Nigeria?
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Interviews & Viewpoints | Godwin Nwabunka, CEO, Grooming Centre: Interview from The Report: Nigeria 2017
Articles & Analysis | Nigerian government launches its Economic Recovery and Growth Plan from The Report: Nigeria 2017
In response to Nigeria’s 2016 recession, the government launched the Economic Recovery and Growth Plan (ERGP) in March 2017. The ERGP sets out broad targets ranging from macroeconomic stability to economic diversification and improving governance. It identifies five priority areas: stabilising the macroeconomic environment; achieving...
Interviews & Viewpoints | Akinwunmi Ambode, Governor of Lagos State: Interview from The Report: Nigeria 2017
How is the government working with the private sector to help finance infrastructure projects?
Interviews & Viewpoints | Laoye Jaiyeola, CEO, Nigerian Economic Summit Group (NESG) from The Report: Nigeria 2017
What reforms has the government instituted, and what more can it do to promote economic growth?
Articles & Analysis | Nigeria uses international debt markets to fund its budget from The Report: Nigeria 2017
Nigeria has seen notable success in recent months on global debt markets. In February 2017 the government issued a 15-year, $1bn dollar-denominated eurobond at a yield of 7.9%, which was eight times oversubscribed. The following month it issued an additional $500m eurobond at a yield of 7.5%, testament to the continued appetite for debt in...
Articles & Analysis | Nigeria's economy displays strong economic growth in 2017 from The Report: Nigeria 2017
The past few years have been difficult for Africa’s largest economy, with a fall in oil prices from more than $100 per barrel in 2014 to roughly $50 per barrel at the start of 2017 having damaging consequences for Nigeria. The fall in revenues from the country’s largest export-earner led to a slowdown in investment throughout the economy, a...