Destabilisation more likely since election postponement amid economic woes
Nigeria is about to host the most fiercely contested election since the end of military rule in 1999, fought out between the ruling People’s ...
Solutions: Easy access to 41 Islamic countries
Credimundi has a fronting agreement with ICIEC: the Islamic Corporation for the Insurance of Investment and Export Credit. ICIEC is 100% owned by the ...
UAE - United Arab Emirates
Devaluation of the Naira due to dropping oil prices
Nigeria devaluated its local currency by almost 10% and increased its benchmark interest rate for the first time in three years to a record 13% ...
GDP revision supersized economy to Africa’s biggest, still risks and challenges loom
On 6 April, Nigeria’s GDP was ‘rebased’ by the National Bureau of Statistics, which added 89% to its GDP, now worth 510 billion USD. ...
Defection-wave underscores political instability risk
For the first time since the end of military rule in 1999, the governing PDP (People’s Democratic Party) is under pressure for losing power. ...
Effort towards negotiated solution of northern insurgency disabled by deadly clashes
Heavy clashes between the Nigerian army and the militant sect Boko Haram in the north- eastern town of Baga started on 19 April and killed at ...
16 Aug 2012
Country Risk Assessment Nigeria
Nigeria’s MLT political risk is dominated by the threat for escalating ethnic-political violence destabilising the nation.