Lessons from International Experience in Designing the Development Bank of Nigeria

• Ngôn ngữ: eng
• Ký hiệu phân loại: 372.96 Elementary education
• Thông tin xuất bản: World Bank, Washington, DC, 2018
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 307811
• Chủ đề: 1. BANKING SYSTEM; 2. DEVELOPMENT FINANCE; 3. DEVELOPMENT FINANCE INSTITUTION; 4. INVESTMENT PROMOTION; 5. SME FINANCE

Tóm tắt

Nigeria has recorded robust growth for more than a decade, and its economy has become more diversified with less reliance on oil, although oil revenue remains a critical source of fiscal revenues and foreign exchange. The recent plunge in oil prices demonstrates how exposed economic growth and the fiscal situation remain to changes in oil prices. Reducing the impact of volatility in oil prices will be important in sustaining growth and thereby reducing the unemployment rate on a sustainable basis, especially among young people. Micro, small, and medium-sized enterprises (MSMEs) have a vital role to play in supporting the further diversification of Nigeria's economy.