Ceo Guide To Doing Business In Nigeria

Nigeria is located in West Africa and shares land borders with Benin in the west, Chad and Cameroon in the east, and Niger in the north. It is the most populous country in Africa and the eighth most populous country in the world. The capital city is Abuja and the three largest and most influential ethnic groups are the Hausa, Ibo and Yoruba.

Are you a CEO, consultant or entrepreneur interested in entering or expanding your activity in Nigeria? If you are then this book is for you. The aim of this book is to give you an overview of the economy and business culture, and potential opportunities. Those new to export will find it a particularly useful starting point. Nigeria is located in West Africa and shares land borders with Benin in the west, Chad and Cameroon in the east, and Niger in the north. It is the most populous country in Africa and the eighth most populous country in the world. The capital city is Abuja and the three largest and most influential ethnic groups are the Hausa, Ibo and Yoruba.

2011 Updated Reprint. Updated Annually. Doing Business and Investing in Nigeria Guide

Nigeria: Doing Business and Investing in ... Guide Volume 1 Strategic, Practical Information, Regulations, Contacts

Often, new exporters will feel a bit overwhelmed about trading with South Africa. Much consideration and planning will need to go into deciding on the company type, delivery of products and services, marketing strategies, and local conditions. Before making these big decisions exporters and investors should spend some time thinking about business objectives.

Thinking of starting a business in Nigeria?This guide will give you information on the country and its economy, the most prominent sectors for investment, how to set up a startup or franchise and a detailed step by step guide on how to register your business (Ministries, requirements, documentation, prices, time frame etc) and set it up successfully. Why Nigeria?Hardy Economy: The economy of Nigeria is relatively stable, even as the rest of the world is experiencing varying levels of recession. Nigeria is one of the top-ranking free market economies in all of Africa. A recent float of the Naira due to global recession makes Nigeria a top candidate for foreign investments to pay off in higher-than-average rates.Population Explosion: Nigeria is a land full of promises. Beyond the economic reasons, a second building block for opportunities and wealth is its high rate of population expansion. Not only are more people being born in Nigeria, its population is largely under the age of 25, with a growing middle class (23% as of 2015). This results in more high-spending consumers and a broader customer base for all businesses.As the people of Nigeria increase, so do the needs of the population as a whole; businesses meeting a specific need and ran with a well thought-out plan are almost guaranteed success in this most populous country in Africa. Untapped Potential: Despite its reputation for being open to businesses and investments, it has a multitude of untapped opportunities for new organizations. Some of these opportunities are in the sectors of Real Estate, Solid Minerals, Tourism, Power/energy, Regulatory Services, Security, Agriculture, Agribusiness, Automotive, ICT, Education and many more. Nigeria is one of the largest countries in Africa, as well as the biggest African economy. It occupies a total geographical area of 923,768 square kilometers, with an estimated population of 197 million in 2018. Today, Nigeria is one of the most attractive markets globally, with a GDP per capita of $2,177.99, in the year 2016 according to the World Bank. This is due to its abundant natural resources, favourable weather and climates, cost-effective workforce (60% youth), strategic location in the West-African region, and high return on investment rate.