• 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 variety of economic and diplomatic ties linking it with superpowers both old and new, Nigeria has long been a prominent player in both the continental and global arena. While simultaneously pursuing a leadership role on a variety of cooperative initiatives with its West African neighbours, the country’s diplomatic efforts...

 

Following a peaceful handover of power – the country’s first – in 2015, Nigeria is currently enjoying its longest uninterrupted period of democratic rule. The government, led by President Muhammadu Buhari – who also served as head of state briefly in the 1980s – was elected in part as a result of a campaign that promised a zero-tolerance...

 

Economic behaviour is cyclical. All countries face ups and downs. Our own recession has been brought about by a critical shortage of foreign exchange. Oil prices dropped from an average of $100 per barrel over the last decade to an average of $40 per barrel in 2016-17. Worse still, the damage perpetrated by Niger Delta criminals on pipelines...

 

How important is energy security for Germany?

 

Given the size of its population and economy, and its high diplomatic profile in the African arena, Nigeria has a widely acknowledged role as continental heavyweight. Through successive administrations, and evidenced by the large military and financial contributions it has made to regional economic and peacekeeping efforts, Abuja has long...

Chapter | Table of Contents from The Report: Nigeria 2017

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