Last Updated November 07, 2008
Nigeria takes small steps to a bright future
For decades Nigeria has been a hobbled giant, its vast resources held hostage to corruption, violence, and underdeveloped infrastructure. However, there is optimism that government reforms will help rejuvenate the economy and trade. Zoe Alsop reports on country eager to make a break from its past.
When international observers termed April 2007 elections flawed, it looked as though Nigeria might hold onto its reputation as perhaps the world’s most dysfunctional state. But, 18 months later, there is cautious optimism among bankers and financial analysts, who say there’s been real progress towards normalising a once mercurial business environment.
