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As the continent’s largest economy, Nigeria plays a central role in West Africa both diplomatically and economically, and nowhere is this more evident than in the influence it exerts within ECOWAS – West Africa’s economic and trade grouping. ECOWAS was founded in 1975 and its charter revised in 1993 with the mission of promoting economic integration through monetary and...

Nigeria is in the midst of its third and longest attempt at sustained democratic rule, with the latest landmark coming with the 2015 presidential election, which saw the country’s first peaceful handover of power in more than three decades. The March poll, which involved a new biometric identity system, saw Muhammadu Buhari, a candidate from the All Progressives Congress...

 

What is the most common misconception of Nigeria as a destination for investment?

Nigeria’s rich ethnic and religious diversity, coupled with its resource wealth and poor governance, has at times contributed to localised incidences of violence, ranging from an insurgency in the oil-producing Delta region starting in the 1990s to tensions between villages in the country’s “middle belt”, where Muslim and Christian populations regularly mix. Rarely are...

There is no shortage of superlatives to describe Nigeria. It is Africa’s most populous country, the continent’s largest oil producer and a top destination for foreign investment. As of April 2014, Nigeria is now the continent’s largest economy as well, as a result of an overdue revision in its GDP calculation.

 

What challenges do small and medium-sized enterprises (SMEs) face between West Africa and Europe?

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