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Booming banking and financial services attract interest

China Daily | Updated: 2013-12-02 07:25

Solid economic growth is supported by financial reforms and robust regulations

Boasting one of the strongest economies in Africa thanks to its vast natural resources, Nigeria's GDP jumped by more than 6 percent year-on-year in 2012 as more than two million barrels a day of crude oil flowed from its massive oil fields and foreign reserves reached more than $44 billion.

As the country looks to achieve its aim of becoming one of the world's top 20 economies by 2020, Nigeria's banking sector is becoming more powerful thanks to better management that has improved its performance and increased security for international investors.

Booming banking and financial services attract interest

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