Home General Overview Of The Nigerian Economy | Major Sectors & Economic Potential

General Overview Of The Nigerian Economy | Major Sectors & Economic Potential

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 […]
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 […]