Abiodun Alabi

7 Flips | 1 Magazine | @abbeyisama | Keep up with Abiodun Alabi on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Abiodun Alabi”

Nigeria offers promise for investors looking for the next growth story

If you want an idea of what Nigeria can offer the world's more fearless investors, raise a glass to South African supermarket chain Shoprite. Last year, its seven Nigerian branches sold more Moët & Chandon champagne than its 600 South African stores combined.<p>Nigeria may be best known for Islamist …

Nigeria’s unemployment rate hits 22%, youth unemployment rate…

Nigeria’s unemployment rate hits 22%, youth unemployment rate is 38 per cent –World Bank<p>The World Bank has put the unemployment rate in Nigeria at 22 per cent while the youth unemployment rate is 38 per cent.<p>The Team Leader and representative of World Bank Country representative, Professor Foluso Okunmadewa, made the disclosure at the Youth Employment and Social Support Operation (YESSO) organised by Subsidy Reinvestment Programme (SURE-P), in Abuja.<p>Decrying the high percentage of youth …

Nigeria’s non-oil export grows 281.9% driven by manufactured…

Nigeria’s non-oil export grows 281.9% driven by manufactured goods<p>There are indications that the Federal Government efforts at encouraging the diversification of the Nigerian economy away from the oil and gas sector is yielding result as non-oil export earnings rose by 281.9 percent to $908.15 million in one month.<p>The development reflected, largely, the 952.4 percent ($614.6 million) rise in receipts from export of manufactured products (including glass and glass products and plastics) and the …