Nigeria's Oil Prosperity Not GuaranteedThe World Bank's Chief Economist for Africa, Shantayanan Devarajan, has reported that the country can produce at current levels for another four decades.
This Day, 5 October 2012
The World Bank said Thursday that it expected about $31 billion in Foreign Direct Investment (FDI) inflows to Africa this year, adding that there had been strong investor-interest… Read more »
Nigerian oil rig.
Daily Trust, 5 October 2012
Nigeria's oil reserve will be depleted in 41 years, according to a World Bank Group's twice-yearly analysis of the issues shaping Africa's economic prospects called Africa's pulse. Read more »
Leadership, 5 October 2012
The World Bank said on Tuesday that it lacked accurate data on Nigeria's poverty index. Read more »
This Day, 4 October 2012
Fifty two years after independence and more than 56 years after Nigeria's first commercial oil discovery, the oil and gas industry is still battling with teething problems. Read more »