Nigeria Articles & Analysis

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In 2008, for the first time in history, more than half of humanity was living in urban areas. Perhaps the most remarkable observation about this trend is the speed at which it has happened: as recently as 1900 urban areas accounted for 13% of the global population. Towns and cities are seen as the crucibles of opportunity for many rural...

 

How would you assess the progress Nigeria has made in addressing the housing deficit?

 

What opportunities are likely to arise within the post-recession housing sector?

 

After a boom period marked by high oil prices and double-digit growth, Nigeria’s real estate sector was significantly impacted by the country’s economic downturn, with growth dropping off in 2015 and 2016, and remaining subdued in 2017 and early 2018. With some high-end office and residential projects stalled, developers are increasingly...

 

Although it has faced several challenging years, with rapid currency depreciation and a macroeconomic slowdown weighing on profitability, Nigeria’s ICT sector remains a critical non-oil growth driver and major contributor to the economy, supported by a sizeable young population and the rapid adoption of mobile internet services. Dominated by...

 

In an effort to boost non-oil growth and job creation, the government of Nigeria rolled out a new three-year ICT development agenda emphasising domestic industry and local content. The new policy is expected to reduce high levels of ICT imports, with rapid currency depreciation offering the country a new opportunity to foster domestic ICT...