Nigeria

  • Will New Risks End Nigeria’s Economic Dream?

    Will New Risks End Nigeria’s Economic Dream?

    Only a year ago, Nigeria’s economic dream – to be one of the world’s top 20 economies by 2020 – still seemed reachable. Today, domestic threats are increasing, while the international environment is far more challenging.

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  • Nigeria’s Smuggling Problem: A Self-Inflicted Wound?

    Nigeria’s Smuggling Problem: A Self-Inflicted Wound?

    In 2012, customs sources say that Nigeria lost nearly $200 million in potential tax revenues to rice smuggling. Added to the annual losses from oil and other forms of commodity smuggling, Nigeria may be losing billions each year through its borders. But while the government is spending millions in order to secure its borders, perhaps it should look at its own trade policies, which may have encouraged the rampant smuggling in the first place.

    If you follow business and policy in Nigeria you have probably heard this story before:

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