Spotlight Nigeria Archives - African Business Magazine

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Making haste slowly on reforms

The excess crude account, which has been set up to minimise the impact of oil price fluctuations on the national budget, has now rebounded to $8.4bn but this is still down from a peak of $20bn in 2007.…

Is it Nigeria’s time at last?

The British Council in Nigeria calculates that the economy grew from just $36bn in 1999, when military rule ended, to $555bn in 2010 but adds that the figures ‘may even be an underestimate.…