Nigeria capital

10 Amazing Facts about the Nigerian Capital Abuja Sitting gracefully on the Gulf of Guinea, Nigeria is the most populous black country in the world. Its population of more than 200 million people, make it the 7th most populous country on earth. Nigeria has as its capital, a city known as Abuja. It sits in the heart of the country and is popularly known as the “centre of unity”. Thus, it is viewed as central and neutral to ethnicity and religiosity. The city’s natural beauty, modern parks and monumental buildings are a sight to behold. But besides this, it is also replete with many other wonderful features. This is why it is one of the most-visited parts of the country by indigenes and visitors alike. So are you considering paying a visit to the Nigerian capital? We’ve got some amazing facts about Abuja that you will like to know. So buckle up as we take this exciting journey. 1. Before 1991, Abuja Was Not the Nigerian Capital After gaining her independence in 1960, Nigeria made Lagos her capital. This brought about an economic and population boom which made the ancient city even more crowded. This reason and a few others necessitated a hunt for another capital. Interestingly, before now, Abuja was a land in the south-western part of the ancient Habe Kingdom of Zazzau. Despite oppositions, in 1976, a decree removed Lagos as the capital of Nigeria. After over a decade of construction, in 1991, Abuja has officially been declared the Nigerian capital. 2. It is one of the faste...

The Capital City of Nigeria (officially named Federal Republic of Nigeria) is the city of Abuja. The population of Abuja in the year 2007 was 148,000,000. Nigeria, formerly known as Oil Rivers Protectorate or Niger Coast Protectorate, is an English speaking Federal Costitutional Republic on the coasts of the Atlantic Ocean. Additional Information © 2007-2023 Capital Of. All rights reserved. You are here: Nigeria

Under the 1999 constitution, executive power is vested in a president who serves as both the head of state and the chief executive, is directly elected to a four-year term, and nominates the vice president and members of the cabinet. The constitution provides for a bicameral Local government There are two Nigeria is divided into 36 states and the Justice The Nigerian legal and Nigerian statute law includes much of the British colonial legislation, most of which has been revised. State legislatures may pass laws on matters that are not part of the Political process The constitution grants all citizens at least 18 years of age the Women have participated in the government since the colonial period, especially in the south. Their political strength is rooted in the precolonial traditions among particular ethnic groups, such as the oba (king) played an important part in the precolonial state. Women such as see

The Nigerian capital market hit its highest peak since March 3, 2008, following the rise in equity capitalization by 3.13 percent at the close of trading on Wednesday. This represented a N991.7 billion growth in the value of investments in the capital market from N31.67 trillion to N32.66 trillion after five hours of trading today. Similarly, the According to data from the Nigerian Exchange Limited (NGX), the last time the ASI reached this level was on March 3, 2008, when it hit 66,162.17 index points. Investors traded 1.29 billion shares valued at N21.08 billion in 11,947 deals on Wednesday. This surpassed the 1.18 billion shares worth N19.22 billion traded by shareholders in 10,369 deals the previous day. International Breweries led the gainers’ list with a N0.50 kobo rise in share price, moving from N5 to N5.50 kobo per share. Sterling Bank’s share value was up by N0.25 kobo to end trading at N2.75 kobo from N2.50 kobo per share. Transcorp Hotel gained N1.10 kobo to move from N11 to N12.10 kobo per share. READ ALSO: Dangote Sugar gained N2.30 kobo to close at N25.30 kobo, above its opening price of N23 per share. Seplat’s share price was up by N120, moving from N1200 to N1320 per share. Pharmadeko topped the losers’ table after shedding N0.22 kobo to drop from N2.28 kobo to N2.06 per share. CWG’s share price dropped by N0.17 kobo to end trading at N1.63 kobo from N1.80 kobo per share. NNFM lost N1.20 kobo to end trading with N12.65 kobo from N13.85 kobo per share. BUA C...

Capital Flows in Nigeria averaged 865.06 USD Million from 2008 until 2022, reaching an all time high of 20302.97 USD Million in the third quarter of 2010 and a record low of -15439.95 USD Million in the first quarter of 2010. This page provides - Nigeria Capital Flows- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Capital Flows - values, historical data and charts - was last updated on June of 2023. Capital Flows in Nigeria is expected to be -1800.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Capital Flows is projected to trend around 1400.00 USD Million in 2024 and 2700.00 USD Million in 2025, according to our econometric models.