Culled From Reuters
Nigeria's economy is expected to grow at a speedy 6.75 percent this year, driven by progress in agriculture, banking and oil, while high inflation rates should ease slightly, data showed on Monday.
Both will add to the reputation of Africa's top oil producer as a growing investment destination with a huge consumer market of 160 million people. Demand for its sovereign debt, for example, has soared since JP Morgan added it to its emerging bond index last year.
The kidnapping by gunmen of a Briton, an Italian, a Greek and four Lebanese workers in Bauchi state on Sunday, however, underlined that there are risks to investment outlook.
