Friday, October 26, 2012

Voice of America: Business Activity Slows in Northern Nigeria

Voice of America
Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries
Business Activity Slows in Northern Nigeria
Oct 26th 2012, 20:24

In northern Nigeria, business activity has slowed, largely due to insecurity. The 2011 World Investment Report of the United Nations Conference on Trade and Development (UNCTAD) says that the Nigerian economy has lost over six billion dollars [N1.3trillion] as a result of attacks by the Islamic radical group Boko Haram.   The Center for Research and Documentation in the northern city of Kano attributes the threat to a drop in earnings for nearly all businesses in Kano State.   ...

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