Doing Business In

All posts about Nigeria

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  • Nigeria’s top 75 companies at a glance

  • Top 10 reasons to invest in Nigeria

    top-reasons

    1 Abundant resources Nigeria has enormous resources, most of which are yet to be fully exploited. Tremendous investment opportunity exists in the solid minerals…

  • Practical information for visitors to Nigeria

    Official languages English. However English is not spoken in some rural areas where indigenous languages such as Yoruba and Igbo are spoken by the…

  • What Nigeria means to me

    In this excerpt from his book Education of a British-Protected Child, Albert Chinualumogu Achebe, popularly known as Chinua Achebe, looks back on his troubled…

  • Better ratings

    country-risk

    In October 2011 Fitch Ratings revised Nigeria’s outlook from negative to stable. Nigeria’s improved outlook reflects an improved outlook for reforms following elections in…

  • Ready to grow

    tourism

    With incentives from the government, Nigeria’s vast potential for tourism is set to bloom. The tourism industry is one of the Nigerian government’s main…

  • Hotel industry on the move

    hotels

    This is no time for the hotel industry to take a vacation. The Nigerian government is promoting hotel growth with a hefty new round…

  • Fresh opportunities

    Nigeria’s ambassador to France, H.E. Gordon Bristol, discusses the improved relationship between France and Nigeria as well as the investment opportunities for French multinationals…

  • Post-reform picture

    banking3

    Snapshots of Nigeria’s leading banks in order of revenues posted through third quarter 2011. FirstBank of Nigeria – Founded in 1894 and listed on…

  • Good drives out bad

    banking

    Nigerian regulators responded to impact of the global economic crisis with reforms that have strengthened the country’s banking system. In 2009, Nigeria’s banking sector…

  • A variety of voices

    medias

    Nigeria is home to a vast array of media voices, which are deployed by advertisers, depending on their audience-specific needs. The media in Nigeria…

  • Good times ahead

    Nigeria’s alcoholic beverage industry is set to grow as the economy improves. Brewing is considered one of the fastest growing industries in Nigeria and…

  • Shopping finds its stride

    consumer-behavior

    “Nigerian consumers fall broadly into two categories,” explains Dr. Uchenna Uzo, marketing lecturer at Lagos Business School. “Price-sensitive customers represent approximately 70% of the…

  • Insurance opens up

    insurance

    After a drastic clean-up in 2005, Nigerian insurance companies are poised to cash in on the country’s untapped insurance market potential. Foreign assistance welcome.…

  • Solid investments

    real-estate

    Well-informed real estate investors can reap handsome profits from a good deal. Returns of 20%-30% are not uncommon. The Nigerian real estate sector is…

  • Exceptional ICT growth

    telecoms

    Nigeria’s Information and Communications Technology (ICT) sector looks destined for even more exceptional growth despite some challenges. Today Nigeria’s ICT sector is the fastest…

  • Rolling along

    infrastructure

    Relying on a greater dose of private sector involvement (and investment), Nigeria is taking a multi-modal approach to its transport needs. Road, rail, water…

  • Transfer pricing hits Nigeria

    New government tax regulations regarding transfer pricing are to be introduced in 2012, with implications for many companies – both multinationals and others. Ken…

  • Wanna buy a used power plant?

    By the end of 2012, the Nigerian government will have sold off 18 power assets to private investors. PwC experts explain the privatization process.…

  • Addressing agriculture

    agriculture

    The Nigerian government is waking up to the fact that agriculture can play a key role in lessening the country’s dependence on oil, reduce…

  • Mining attracts renewed attention

    mining

    Nigeria is far richer in other minerals than the petroleum endowment for which it is best known. Nigeria has more than 34 solid minerals,…

  • Power to the people

    power

    After decades of neglect, Nigerian electricity generation is being addressed. A reform program involving government regulation and partial privatization of electricity generation, transmission and…

  • Driving investment

    oil-and-gas11

    One of the benefits of the ongoing reforms in Nigeria’s oil and gas industry, especially the downstream sector, is to make it attractive to…

  • Africa’s biggest oil producer

    oil-and-gas

    Nigeria relies heavily on its oil revenues to the detriment of its other abundant resources. Petroleum is Nigeria’s largest industry and main generator of…

  • The role of taxation

    taxation

    Government should not be fixated on introducing new taxes and increasing tax rates on the already over-burdened businesses and taxpayers rather than helping them…

  • Complex but worth it

    starting-a-business

    Setting up a business in Nigeria can be complicated. But the prospect of good returns on investment can make it worthwhile. Compared to many…

  • High potential

    economy

    Nigeria has taken steps to tap into its enormous economic potential, but challenges remain. The Nigerian government’s current economic policies are focused on addressing…

  • Seeking a balance

    export

    Petroleum exports are the main factor behind Nigeria’s growth and accounted for 88% of total exports in 2010. Nigeria has an enormous amount of…

  • Nigeria’s new dawn

    investments

    Nigeria already receives the largest amount of foreign direct investment (FDI) in Africa but a series of reforms is making the country even more…

  • Nigerian federation

    Flag_of_Nigeria
  • Nigeria: Strong fundamentals

    overview2

    Nigeria is a federal constitutional republic with 36 states which are sub-divided into 774 Local Government Areas (LGAs), and the Federal Capital Territory, Abuja.…