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Nigeria Has Potential, But Needs to Stomp Out Illicit Financial Flows First
July 25th, 2014
2363479089_f08f0f2033_zA new report out from the McKinsey Global InstituteĀ claims that Nigeria could be the next hotspot for economic growth and development. The firm says that, by 2030, the west African nation could become one of the world's leading economies. And it's true; Nigeria has seen an economic surge in recent years, thanks to massive oil exploitation, a burgeoning financial sector, and a huge population. In April, Nigeria evenĀ leapfrogged South Africa on its way to becoming Africa's biggest economy. But even with annual GDP growth at 7%, millions of Nigerians suffer...
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