The global financial crisis, which erupted in August 2007, had a profound negative impact on the Nigerian capital market. The All Share Index of the Nigeria Stock Exchange (NSE), which at the beginning of the year 2008 had a market capitalisation of N10.28 trillion ($63 billion) ended with the market losing N5.2 trillion in capitalisation.
Udo Udoma & Belo-Osagie
Authors: Folake Adebowale (Bio), Mary Ekemezie (Bio), Kunle Durosinmi-Etti[Show full article]
1. What attributes does Nigeria have that makes it a unique investment destination?
Nigeria's legal market is by far the most developed in the region and
consists of some top flight lawyers by international standards. "It is
the most vibrant legal sector in Africa," says one international
CONTEXT AND TRENDS
In 2011 the Nigerian market saw a number of important changes and partners note various trends.
2011/2012 saw the completion of a consolidation in the banking sector as the Asset Management Company of Nigeria (AMCON) and Central Bank of Nigeria (CBN) intervened to overturn the universal banking model....