Sunday, Mar 26, 2017
NIGERIA NEWS

Dangote Group

A trend-setter for Africa’s leadership


Mr. Dangote’s ventures usually come hand-in-hand with investments in basic infrastructure such as roads and electricity supply, which benefit the local community

After three and a half decades in operation, the Dangote Group has grown from a small trading business in Nigeria to become sub-Saharan Africa’s... Apr 28, 2016

Conglomerate | Africa | Nigeria


Nigeria Oil & Gas

Nigeria Oil & Gas: The four billion-barrel question


President of Nigeria, Muhammadu Buhari. Photo: Chatham House, London

With the aim of doubling daily oil production to four billion barrels by 2020, can the long-anticipated Petroleum Industry Bill finally be passed to make... Apr 04, 2016

Energy | Africa | Nigeria


FT Africa Summit 2015

African conference highlights international optimism


The FT Africa Summit 2015 highlighted the potential for business with the continent in various sectors, such as infrastructure, mining, finance and transportation

The Financial Times held its second Africa Summit at the prestigious Claridge’s, London, on October 4-5, 2015. The sold-out event convened a delegation... Oct 12, 2015

Others | Africa | Nigeria


Nigeria's population

Infographic: 6 interesting facts about Nigeria




Here are some surprising facts you may not have known about Nigeria’s population. Mar 30, 2015

Others | Africa | Nigeria


Nigeria’s film industry

The rise and rise of Nollywood


British-Nigerian actor Chiwetel Ejiofor, star of 'Half of the Yellow Sun’, the Nigerian film industry's biggest prodcution to date

Nigeria’s film industry is booming, but lack of funding and rampant piracy holds it back. A stronger effort to improve quality, enforce intellectual... Mar 19, 2015

Tourism & Culture | Africa | Nigeria


Nigerian elections: The big issues




As Nigeria goes to the polls on February 14th, the country is faced with the continued threat of Boko Haram, endemic corruption, and the tensions of a... Feb 11, 2015

Government | Africa | Nigeria


Nigeria - Africa's leading hydrocarbon country




Nigeria is the African country that is leading the way in the hydrocarbon sector. Feb 04, 2015

Energy | Africa | Nigeria


Power reform lighting up Nigeria




The reform and privatization of the power sector means foreign investors “can reap substantial benefits,” says the Minister of Power Chinedu... Nov 26, 2014

Energy | Africa | Nigeria


Living the Afropolitan Dream




From Guinness to Prada, the world’s best-known brands are eager to meet the African middle class’ growing thirst for consumer goods. Nov 25, 2014

Others | Africa | Nigeria


Determined action brings real change to Sokoto


“Sokoto has excellent relations with the U.S., where we enjoy a mutual and cordial friendship” Alhaji (Dr.) Aliyu Magatakarda Wamakko, Governor of Sokoto State

Major changes introduced by the local government of Nigeria’s northwestern Sokoto State are enhancing life and employment opportunities for citizens... Nov 17, 2014

Others | Africa | Nigeria


Cultural heritage and historic background




One of Nigeria’s most influential states has a fascinating history of inspiring change for the greater good of its people Nov 17, 2014

Others | Africa | Nigeria


Sokoto State University




Inaugurated in October 2013, the new Sokoto State University (SSU) instills an enormous sense of pride in the Wamakko administration and heralds a new... Nov 17, 2014

Education | Africa | Nigeria


PEECO helping to establish successful partnerships

Chief Ernest Olufemi Akinmade
Managing Director & Founder Professionals Experts and Energy Company

Established on September 14, 2006, Professionals Experts and Energy Company (PEECO) is an integrated... Mar 07, 2014


Platform Petroleum - a wholly owned Nigerian company

Emmanuel Konyebagu
Managing Director of Platform Petroleum

Mr. Emmanuel Konyebagu, Managing Director of Platform Petroleum, speaks to Worldfolio about... Mar 03, 2014


Atlantic Energy and its “enduring commitment”

Scott Aitken
Co-Chief Executive Officer of Altantic Energy

Atlantic Energy is a private upstream oil and gas company founded by Nigerian and international... Mar 03, 2014


Bringing efficiency and equality to Nigerian petroleum

Sharon Adefunke Kasali
Executive Secretary of Petroleum Equalisation Fund

The Petroleum Equalisation Fund (Management) Board is a parastatal of the federal government... Feb 11, 2014


Laying the foundations for more local content

Ayo Otuyalo
Managing director of Prime Atlantic

One of the key priorities for the Nigerian government is increasing local content in the oil... Jan 21, 2014


Energia maximises partnerships to boost hydrocarbon production

Felix Amieyeofori Valentine
Managing Director of Energia Ltd

Felix Amieyeofori Valentine, Managing Director of Energia Ltd, speaks to Word Report about... Dec 10, 2013


Last year was the best in Nigeria’s banking history

Godwin Emefiele
CEO of Zenith Bank

In an interview with Worldfolio, Godwin Emefiele talks about the reemergence of a strong Nigerian... Oct 02, 2013


Gas to power the nation

Andrew Yakubu
Group General Managing Director of the Nigerian National Petroleum Corporation (NNPC)

Leveraging the gas resource base for unprecedented economic growth is one of the NNPC's cardinal... Aug 05, 2013


Agriculture, planting the seeds for growth

Akinwunmi Adesina
Minister of Agriculture

Through the agriculture transformation agenda, the Nigerian government envisages the sector... Aug 05, 2013


Africa's number one for investment, two years running

Olusegun Aganga
Minister of Trade and Investment

Overtaking South Africa for the first time in a decade in 2011, Nigeria has become the continent's... Aug 05, 2013


Building the image of Nigeria

Labaran Maku
Minister of Information

Minister of Information Labaran Maku speaks about the changes Nigeria has instigated and the... Aug 02, 2013


Gombe State, the 'Jewel in the Savannah'

Ibrahim Hassan Dankwambo
Governor of Gombe State

Gombe has a governor at the helm intent on building on the state's strengths and creating a... Jul 19, 2013


“This is the most strategic market in sub-Saharan Africa and ECOWAS”

Obi Ezeude
Managing Director and CEO of Beloxxi Industries Ltd

Obi Ezeude, Managing Director and CEO of Beloxxi Industries Ltd speaks to World Report about... Jun 18, 2013


Wealth creator BGL urges investors urged to discover Nigeria’s ‘immense opportunities’

Peter Sunday Adebola
Managing Director of BGL Securities Nigeria

Peter Sunday Adebola, Managing Director of BGL Securities Nigeria, discusses the country’s... May 20, 2013


Pan-African Ecobank well positioned to guide investors into diverse markets

Jibril Aku
Managing Director of Ecobank Nigeria

From the outset, Ecobank Nigeria was designed – and destined – to be a regional banking... May 07, 2013


Fighting terrorism and keeping the peace

Olusola Obada
Nigerian Minister of Defence

Olusola Obada, Nigerian Minister of Defence, meets with PM Communications to discuss the role... Apr 10, 2013


“There is a chance to make a lot of money in agriculture”

Mr. Akin Laoye
Executive Director of FTN Cocoa

Akin Laoye, Executive Director of FTN Cocoa Processors Plc, speaks with World Report about... Apr 08, 2013


Five-year plans and savvy partnerships fuel steady growth in petroleum and mining support services

Paul Jegede
Group Managing Director of Japaul Oil & Maritime Services Plc

The wide array of support services Nigeria’s Japaul Oil & Maritime Services Plc provides... Apr 04, 2013


“This is an environment where in certain sectors the return on equity is as high as 20%”

Stephen Olabisi Onasanya
Chief Executive Officer of First Bank of Nigeria

Stephen Olabisi Onasanya, Group Managing Director and Chief Executive Officer of First Bank... Apr 03, 2013


“The returns outweigh the risks”

Wole Abegunde
Managing Director of Meristem Securities Ltd

Wole Abegunde, Managing Director of Meristem Securities Ltd, a four-part investment banking... Mar 20, 2013


Forward-thinking logistics in Nigeria’s oil and gas sector

Simone Volpi
Managing Director of Intels Nigeria Ltd

Having pioneered a one-stop approach to logistics services for Nigeria’s oil and gas industry,... Mar 20, 2013



POPULATION

170.1 million update paises set descripcion = July 2012 estimate)



AREA

923,768 square kilometres update paises set descripcion = 32nd biggest in world)



NOMINAL GDP

$244.2 billion update paises set descripcion = 2011 estimate)



REAL GDP AT FACTOR COST GROWTH

7.4% update paises set descripcion = 2011 estimate)



GDP PER CAPITA update paises set descripcion = PPP)

$2,600 update paises set descripcion = 2011 estimate)



GDP COMPOSITION BY SECTOR

Agriculture: 35.4%

Industry: 33.6%

Services: 31% update paises set descripcion = 2011 estimate)



TRADE BALANCE

$38.27 billion update paises set descripcion = 2011 estimate)



CURRENT ACCOUNT BALANCE

$15.61 billion update paises set descripcion = 2011 estimate)



TOTAL INTERNATIONAL RESERVES

35.21 billion update paises set descripcion = 2011 actual)



GINI INDEX update paises set descripcion = distribution of family income)

48.8 update paises set descripcion = 2010)



PUBLIC DEBT

17.6% of GDP update paises set descripcion = 2011 estimate)



CENTRAL BANK DISCOUNT RATE

4.25% update paises set descripcion = 2010 estimate)



COMERCIAL BANK PRIME LENDING RATE

16% update paises set descripcion = 2011 estimate)



MARKET VALUE OF PUBLICLY TRADED SHARES

$50.88 billion update paises set descripcion = year end 2010)



COUNTRY REPORTS




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