Even amid the macroeconomic uncertainty of 2015 and the first half of 2016, the performance of Nigeria’s telecoms sector was marked by steady subscriber growth, a renewed regulatory mandate and continued infrastructure development. By July 2016 the country was home to 150.3m active telecoms subscribers, according to the Nigerian Communications...
Recent developments in Nigeria’s cement industry bode well for the construction sector moving forward. Indeed, capacity expansion and greater competition should help drive down prices in a market that remains comparatively expensive.
The property market in Africa’s most populous nation is defined by significant long-term potential, but realising that potential for developers is not necessarily simple. A drop in the price of oil, a lack of foreign exchange and a depreciating currency are all combining to slow the economy, in turn stifling demand for both residential and...
A decade after the government first unveiled an initiative to bring a network of dry ports to Nigeria, the first signs that the infrastructure will take hold have emerged. In the last 12 months, plans to establish inland container depots have been revived. Such moves bode well for an improved intermodal environment, a reduction in seaport...
From rails and roads to ports and airports, Nigeria’s transport sector is facing an extensive overhaul. The country has long suffered as a result of inadequate investment in infrastructure, constraining the movement of people and goods, and prompting the government to push for the rehabilitation and expansion of the country’s entire transport...
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