Unique to Africa, Nigeria’s federal system of government remains subject to frequent calls for modification. The colonial powers’ policy of “divide and rule” left an independent Nigeria as a country with disparate levels of economic, political, social and cultural development. As JP Mackintosh wrote in his book Nigerian Government and...
In July 2012 the European Central Bank and the Central Bank of China reduced interest rates. What does this mean for these economies?
While Nigeria is the 14th-largest crude oil producer in the world and has the 10th-biggest proven reserves, the legacy of petrol subsidies has left a gaping hole in public finances. The partial lifting of these subsidies in January 2012 has given the government more room for manoeuvre, but dealing with the consequences of massive corruption in fuel...
What can be done to increase the UK’s private sector involvement in the Nigerian economy?
As the two largest economies in West Africa, the relationship between Nigeria and Ghana is a crucial one for the region. Trade ties are particularly important, and Nigeria’s high levels of liquidity serve as an important source of capital for Ghana. However, a recent dispute between the two countries concerning the status of Nigerian traders in...
Although depressed growth in developed economies has added a level of uncertainty to Nigeria’s macroeconomic outlook, it has also contributed to its attractiveness. As one of the fastest-growing economies in the world, according to the Federal Ministry of Finance (FMF), the country is certainly appealing to foreign investors in large part due to its...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×