Nigeria is a nation of superlatives. It’s Africa’s richest country and its fastest growing economy. At the same time, millions still live in poverty and lack basic services like running water. As part of a week-long series “Nigeria: Pain and Promise,” special correspondent Nick Schifrin reports on the country’s massive economic surge, new millionaires, growing […]
General Overview Of The Nigerian Economy | Major Sectors & Economic Potential
As the world ushers in 2016, some clergy men in Nigeria are hopeful that the nation’s economy will rebound before the end of the second quarter of the year. For more information log on to http://www.channelstv.com
The rebased GPD highlights the inherent contradiction in the Nigerian economy. Despite the country’s consistent economic growth, basic infrastructure is still a big issue. With just about 2,500 megawatts of electricity for its 170 million people, power outage is the norm here. But the biggest headache for the country’s government is unemployment, which is hovering […]
Given the volatility in crude oil revenues and the long-term prospects for oil as a commodity, Nigeria Going Beyond Oil casts the spotlight on Nigeria’s agriculture sector, reporting how the government and other players are taking a closer look at agriculture as a primary revenue source.