Mergers & Aquisitions Money Market Mortgage Mutual Funds REITs Nigerian Economy Oil Sector One Minute News Opinions and Analysis Pensions People Politics Power Products & Services Professionals Property Public Offers Private Placements Regulators Taxation Telcos Travel & Tours World of Business inShare NB accounts for 60% market share in brewery industry Category: Investors NewsBeat Read (2509) Peter Egwuatu Nigerian Breweries (NB) Plc seems to dominate the brewery market as it
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THE EFFECTS OF GOVERNMENT POLICY AND CORRUPTION ON NIGERIA’S ECONOMY CONTENTS General Economy of Nigeria (Introduction) Colonial Economy and Independence Coups‚ Military Government and the Biafra War Current Civilian Governance and Institutionalized Corruption Summary List of References GENERAL ECONOMY OF NIGERIA (INTRODUCTION) Nigeria is a third world country located in West Africa. It is bound by Niger Republic and Chad to the north‚ the Atlantic Ocean to the south‚ Cameroun
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FDI and Economic Growth: Evidence from Nigeria By Adeolu B. Ayanwale Department of Agricultural Economics Obafemi Awolowo University Ole-Ife‚ Nigeria AERC Research Paper 165 African Economic Research Consortium‚ Nairobi April 2007 THIS RESEARCH STUDY was supported by a grant from the African Economic Research Consortium. The findings‚ opinions and recommendations are those of the author‚ however‚ and do not necessarily reflect the views of the Consortium‚ its individual members or the
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rubber. Starting from a low technological base after political independence in 1960‚ the country embarked on the arduous task of building a state with one identity by integrating the different ethnicities and transforming the barter economy into financial exchange economy. The country provided infrastructure and social amenities for a very young population. Over the years‚ policies were pursued in order to achieve the goal of a balanced national development that reflects the “Federal Character” of
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2008) ISSN: 1520-5509 Clarion University of Pennsylvania‚ Clarion‚ Pennsylvania THE IMPACT OF EXTERNAL DEBT ON ECONOMIC GROWTH: A COMPARATIVE STUDY OF NIGERIA AND SOUTH AFRICA Folorunso S. Ayadi University of Lagos Felix O. Ayadi Texas Southern University Abstract This paper investigates the impact of the huge external debt‚ with its servicing requirements‚ on economic growth of the Nigerian and South African economies. The external debts of Nigeria and South Africa are analyzed in a new context utilizing
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Nigeria economy 3 Chapter 1: The discovery of oil and the Nigerian economy 4 Type chapter title (level 2) 5 Type chapter title (level 3) 6 Abstract: Nigeria has remained a point of reference in Africa and on global level. This is stem from the fact that‚ it is one of the largest exporters of crude oil to developed nations of the world. For more than three decades therefore‚ crude oil has been the major hub of the energy‚ revenue and foreign exchange earner for the Nigerian economy. In spite
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obligations and also hindering economic growth. African economies have not performed well‚ partly because of the increased outflow of resources to service debt obligations and partly because the necessary macro-economic adjustment has remained elusive for most of the countries in the continent. INTRODUCTION The Nigerian President‚ Olusegun Obasanjo‚ had waged a six-year war on debt cancellation. He had to hire an ex-World Bank official‚ Nigerian-born Ngozi Okonjo-Iweala as Finance Minister to prosecute
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Previous PageTable Of ContentsNext Page The Nigerian economy: Agriculture and the livestock sector For some years Nigeria has been seeking to achieve economic take-off by using her oil resources.1 The 1973�74 fourfold rise in oil prices enabled the Government to launch an ambitious investment programme.2 The principal aim of the Third Development Plan was to diversify the economy‚ which at that time was primarily based on oil and agriculture. Diversification was to be achieved by implementing
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The Modern Nigerian Economy Nigeria is located on the west coast of Africa and is the most populous black country in the world‚ bordering the North Atlantic Ocean‚ between Benin and Cameroon. Nigeria covers 356‚668 sq miles and is about the same size as California‚ Nevada and Utah combined. Nigeria is diverse in people and culture. Oil-rich Nigeria‚ long stunted by political instability‚ corruption‚ inadequate infrastructure‚ and poor management‚ is undertaking some reforms under a new reform-minded
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THE CONS OF THE NIGERIAN ECONOMY Nigeria boasts one of the fastest-growing economies in the world‚ with Gross Domestic Product growth rates above 6% every year since 2003. Home to more than 170 million people‚ it is the most populous country in Africa and the seventh most populated country in the world. The United Nations has projected its population could rise into the top three by 2050‚ potentially overtaking the United States. Unfortunately‚ Nigeria also has a tragic history of conflicts and
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