New Home Owners And Snagging Forum

Investments => Financial Markets and the economy => Topic started by: The Prophet on June 04, 2011, 07:53:30 am

Title: Nigeria a new investment opportunity?
Post by: The Prophet on June 04, 2011, 07:53:30 am
With as much as 25% of the GDP of Africa lost to corruption each year, Nigeria is hardly on the top of most investor's wish lists.

However Nigeria is rich in natural resources and has demographics potential. 

The young population is growing and is expected to hit 258 million by 2050 - a rise of 60% in just 40 years.
It is predicted that Nigeria's real GDP could grow 6.9% per year for the next 40 years - making it the world's 5th largest economy.