Nigeria assumed the position of Africa's largest economy in 2014 and as such has attracted a great-deal of investor interest. But 2015 is turning out to be a far more challenging year for Nigeria. The rapid drop in the oil price has been destabilising - negatively impacting the country's revenue and currency value, not to mention threatening the development of key planned infrastructure projects. Despite the broadening of the economy with new sectors contributing to GDP, Nigeria remains very much oil dependent with almost 90% of its export revenue coming from this single commodity. Diversification into industry is imperative for deeper long-term development. However, despite the decline in oil prices, Nigeria's growth outlook remains robust at 5% according to the IMF. Consumer-facing sectors remain the most buoyant and are benefiting extensively from this growth. But security concerns remain and the upcoming February elections may further compound the unstable situation.
Key themes to be addressed:
Join leading business people and thought-leaders as we address the Business & Economic Outlook for Nigeria.
Speakers Include:
Date: 11th March 2015
Venue: IDC, 82 Grayston Drive, Sandton
Cost: R2,250 Excl. Vat (*Get a 10% discount on group bookings of 5 or more delegates (Group bookings of 5 or more RSVP to moc.yrosivdareitnorf@enayija)
For more information contact: moc.yrosivdareitnorf@murofreitnorf or 011 447 8038 or visit www.frontieradvisory.com