Nigerian markets remain resilient despite much media attention on the violent actions of Boko Haram, the militant group responsible for killing more than 30 people in attacks on two villages on Wednesday and bombing in the city of Jos that killed 118 people on Tuesday.
Foreign direct investment has been driving economic growth in Nigeria, now the continent’s biggest economy. While the violence may scare off new prospects, most long-term investors understand that while recent acts of violence in the country’s northern region are tragic, it’s not new, and won’t likely affect business in the industry-rich south.
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