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Nigeria joined the IMF on March 30, 1961. [1] Nigeria is Africa's most populous country, with 222.182 million citizens. [1] The nation's IMF quota stands at 2454.5 million (SDR) along with its special drawing rights amounting to 3702.34 million (SDR). [1] As of July 2023, Nigeria experienced a 3.2 GDP change. [2]
Since independence, with Jaja Wachuku as the first Minister for Foreign Affairs and Commonwealth Relations, later called External Affairs, Nigerian foreign policy has been characterised by a focus on Africa as a regional power and by attachment to several fundamental principles: African unity and independence; capability to exercise hegemonic influence in the region: peaceful settlement of ...
A total of $232 million will be allocated toward The Accelerating Nutrition Results in Nigeria Project. $225 million coming from IDA credits and the other 7 million as a grant from the Global Financing Facility. This project is set to close in December 2023. [15] In Nigeria, Malnutrition rates since 2008 have not changed on a large scale. They ...
The Nigerian Institute of International Affairs was established in 1961, to provide a platform of ideas on what direction Nigeria should follow on international policies, having regards to relationship with the outside world. [1] The institute is headed by a Director-General, as of date in person of Prof. Eghosa Osaghae. [2]
Change in per capita GDP of Nigeria, 1950–2018. Figures are inflation-adjusted to 2011 International Geary-Khamis dollars. The economy of Nigeria is a middle-income, mixed economy and emerging market [27] [28] with expanding manufacturing, financial, service, communications, technology, and entertainment sectors.
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The Presidential Enabling Business Environment Council (PEBEC) is a specialized agency set up by the President of Nigeria for Nigerian businesses. Its purpose is to make sure that doing business in Nigeria is easy through reforms and policies.
Online Business Resources:* Websites, blogs, and social media platforms that provide news, analysis, and commentary on international business, often catering to specific regions or industries. In addition to traditional media, there are also a number of social media channels that focus on international business.