Nigeria: Rekindling Hope for a More Robust Economy

28 April 2016
opinion

Nigeria's troubled economy is a source of worry for its managers and citizens. But with the recent measures adopted by the CBN to tackle the headwinds and government's commitment to diversifying the economy, Nigeria appears set to take a turn for the better come 2018.

The declining price of oil is perhaps the biggest energy story in the world today. Brent crude, used as an international benchmark plunged as low as $27.67 a barrel in January, the lowest since 2004, wreaking havoc on economies of oil exporting countries.

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