Sunday , 27 April 2014
NIGERIANS, particularly those at the lowest and lower rungs of the social ladder in the country, are soon to begin to count their blessings as they would begin to enjoy the benefits of a social security scheme that can guarantee a basic livelihood as currently being enjoyed by their counterparts in developed nations across the world and oil -rich countries... Read more »
Nigeria growth remained strong owing to relatively high oil prices, despite security problems in the north and larges –scale oil theft in the first half of 2013. In contrast, growth in south Africa continued to decelerate, constrained by tense industrial relations in the mining sector, tight electricity supply, anaemic private investment and weak consumer and investor confidence. Global activity has broadly strengthened... Read more »
Africa today became a 0.5 Trillion Economy with Nigeria officially overtaking South Africa as largest African Economy after rebasing its Gross Domestic Product (GDP) Nigeria emerged as the largest African Economy with estimated 2013 GDP of N80.5 Trillion ($509.9bn: £307.6bn) over taking South Africa and making it No1 in Africa, 26 globally ahead of Austria and 121st in per capita... Read more »