Investing in Nigeria: Looking beyond Oil and Gas
When most investors think about Nigeria, they think first about the Country’s economy predominantly driven by the Oil and Gas Sector. Crude oil and petroleum products accounts for most Nigeria’s foreign exchange earnings, however Crude Oil sector contributes a small fraction of Nigeria’s GDP.
In Q2 of 2018, for instance, the Oil and Gas sector contributed only 8.55% to total real GDP, down from 9.61% in the …