Efforts to develop the Nigerian health care system have been hindered by several notable challenges, including limited public funding, a high communicable diseases burden, rising incidence of non-communicable diseases, and elevated rates of infant and maternal mortality. However, Nigeria’s large, young population, widening deficits in primary and specialty care, and the state’s encouragement…
The most populous country in Africa with abundant natural resources, Nigeria is the continent’s largest economy by GDP. Combining oil and gas wealth with the entrepreneurial efforts of its predominantly young population, Nigeria has developed a business-friendly environment over two decades of civilian rule and in the nearly 60 years since independence. These achievements are all the more impressive…
In conjunction with Grant Thornton, this chapter explores the taxation system and Nigeria’s efforts to build an investor-friendly environment. It also contains a viewpoint with Peter N Orizu, Executive Chairman; and Nkwachi Abuka, Partner and Head of Tax, Grant Thornton.…
This chapter introduces the reader to the different aspects of the legal system in Nigeria, in partnership with Stillwaters Law Firm. This chapter also contains an interview with Afam Nwokedi, Principal Counsel and Group Head, Stillwaters Law Firm.…
This section includes information on hotels, government offices and other listings, alongside useful tips for visitors on topics like currency, visas, language, communications, dress code, business hours and electricity. This chapter also contains an interview with Seun Anibaba, General Manager and CEO, Lagos State Lotteries Board.…
Nigeria is continuing to gradually recover from the recession caused by the drop in international oil prices in 2014, with the economy returning to positive growth in 2017 and the IMF estimating that GDP will expand by 1.9% in 2018 and 2.3% in 2019. That said, more remains to be done to achieve economic diversification, and major reforms are expected to be enacted following the general election in
Nigeria is taking its agricultural value-added programme nationwide after initial trials resulted in higher crop yields and increased efficiency. On October 26 Vera Onyeaka-Onyilo, the knowledge management and communications advisor for the Value Chain Development Programme (VCDP), told local media the initiative would be rolled out across the rest of the country following the success of its pilot…
On funding economic development In what ways can access to finance for micro-, small and medium-sized enterprises (MSMEs) be improved? OLUKAYODE PITAN: MSMEs are often described as the engines of growth in Nigeria and Africa as a whole. This is true, but the nation’s economic development cannot be sustained solely through the development of small businesses. The success of larger businesses, with…
Next Refined Investor Series to be held in Lagos on December 4, 2018 The 2018 edition of the Refined Investor Series (RIS) will take place on December 4 in Lagos, Nigeria, on the theme “Collaborating for New Heights and National Growth”. The RIS 2018 sets out to garner diverse industry knowledge, with a view to providing valuable insight into the latest developments under way in the real estate…
