• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
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With a population of over 200m and abundant natural resources, Nigeria is Africa’s largest economy. The country has developed an investment-friendly business climate over two decades of civilian rule and in the nearly 60 years since independence, boosted by oil and gas wealth, and the entrepreneurial spirit of its young population. However,...

Chapter | Table of Contents from The Report: Nigeria 2022

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Chapter | The Guide from The Report: Nigeria 2022

The Guide contains listings of leading hotels and resorts in Nigeria for both business and leisure travellers, helpful information for new arrivals to the emirate and details on current visa requirements for tourists.

Chapter | Kaduna from The Report: Nigeria 2022

The state of Kaduna was founded in 1912 by British colonial ruler Lord Frederick Lugard. Throughout its colonial history, it served as the political, administrative and economic centre of the north of Nigeria. As an academic centre with many tertiary educational institutions, Kaduna earned the nickname “the Centre of Learning”. In recent years state authorities have worked to develop Kaduna’s...

Chapter | Economy from The Report: Nigeria 2022

Nigeria faced new economic headwinds in 2020. While the country’s growth has traditionally been stymied by issues such as electricity shortages, bureaucracy and a lack of transparency, the pandemic added a new set of challenges. GDP contracted by 1.9% in 2020, reversing a three-year period of consistent – albeit moderate – expansion. Youth unemployment, a long-standing challenge for Nigeria,...

Chapter | Country Profile from The Report: Nigeria 2022

Nigeria is the 14th-largest country in Africa by land mass and is culturally diverse, with a population of more than 200m spanning over 250 ethnic groups. It is rich in natural resources, with some of the largest proven oil reserves in Africa, and has a strong agriculture sector, with major exports including rubber, cocoa, peanuts and palm oil. The country gained independence in 1960 and...

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