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Economic View

Tony Ezekiel, Managing Director, ITEX Furniture

On the importance of exploiting national resources and growing local manufacturing What natural resources are available in Nigeria? TONY EZEKIEL: Nigeria has an abundance of natural resources that need to be explored and unlocked in order to increase the value of locally produced products. Wood in particular abounds in the south, while the north provides high-quality skins, and we also have…

Economic View

Akpan Hogan Ekpo, Director-General, West African Institute for Financial and Economic Management

On structural challenges in the economy To what extent have the recession and post-recession policies affected the Nigerian economy? AKPAN HOGAN EKPO: The recession was driven by problems with both supply and demand in the local economy. The federal and state governments owed workers a lot of money, which significantly reduced spending power. Nonetheless, the economy was then, and remains today,…

Event

ASEA Conference 2018

Join policymakers, global investors, issuers, intermediaries and top government officials from across Africa and beyond at the 2018 African Securities Exchanges Association Annual Conference, the flagship event for investors in Africa’s capital markets. The conference, with the theme “Champions on the Rise: Africa’s Ascension to a More Sustainable Future”, will be hosted by the…

Event

West Africa Trade and Investment Trip (Nigeria)

Calling all investors, dealmakers, financialsector experts, leaders of financial institutions and companies seeking investment opportunities in high-quality projects across Africa: African Investments hosts a regular series of investor events across Africa each year to facilitate investment into the infrastructure, power, renewable energy, mining, oil & gas, and agribusiness industries, and to…

Economic News

Nigeria’s mini-grid market exhibits high growth potential

Increasing activity in Nigeria’s solar-powered mini-grid industry, coupled with government support for off-grid solutions, has the potential to electrify a significant portion of the rural population and circumvent transmission issues. The development potential of Nigerian mini-grids – generation and distribution systems capable of supplying up to 1 MW of capacity from renewable sources, independent…

Event

African Ports and Hinterland Connectivity 2018

The focus of the conference “African Ports and Hinterland Connectivity” is of topical importance.The event allows delegates to examine the African ports sector and their captive and competitive hinterlands, hinterland accessibility, connectivity facilitation infrastructure, and related expertise compared to other parts of the world. The Nigerian Ports Authority is hosting the International Association…

CEO Survey in Figures

OBG Business Barometer: Nigeria CEO Survey 2018

OBG Business Barometer: Nigeria CEO Survey Copyright (c). All rights reserved. This survey has been designed to assess business sentiment amongst business leaders (Chief Executives or equivalent) and their outlook for the next 12 months. Unlike many surveys, the OBG Business Barometer is conducted by OBG staff on a face-to-face basis, across the full range of industries, company sizes and functional…

CEO Survey Analysis

Nigerian growth is back on track, but can it diversify beyond hydrocarbons?

Although the Nigerian economy has continued to achieve positive growth as it recovers from the negative impacts of the oil price shock and the 2016 recession, more remains to be done to achieve economic diversification. According to the country’s National Bureau of Statistics, the economy grew by 0.8% in 2017, compared to a contraction of 1.6% in 2016, driven primarily by a recovery in international…

Economic Roundups

How does growing international interest in Africa stand to benefit the continent?

While world trade is in the midst of a turbulent period – with US-China relations continuing to deteriorate, the UK disengaging from the EU, and currencies in emerging markets like Turkey and Argentina in turmoil – many countries are seeking to strengthen or foster new relations with Africa. Between early July and the end of August France’s President Emmanuel Macron, Germany’s Chancellor Angela…

Event

The Nigeria Real Estate Summit & Expo

The Nigeria Real Estate Summit & Expo (NIRESE 2018), in its 5th edition, is one of Nigeria’s most important real estate event and gathers the most influential players from the industry for two days of trade, networking and learning through premium conferences and dedicated exhibition zones. Over 30 speakers and 200 delegates are set attend the event.…

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