DOING BUSINESS IN NIGERIALINKS AND OTHER RESOURCES FOR DOING BUSINESS IN NIGERIA
Nigeria has the potential to become one of the strongest economies of the world – even tipped by some to top the charts by 2050. Nigeria has the largest population in Africa and one of the biggest in the entire world, with more than 250 ethnic groups amongst its population and roughly 65% younger than 25 years. The Nigerian government runs on a democratic presidential system and despite recent socio-political instability the future seems to promise a greater degree of stability.
The economy has become the largest in Africa and is highly dependent on revenue from oil and gas – being one of the largest producers of crude oil globally. Changes have now been proposed to help diversify the economy with other industries showing significant growth opportunities being consumer goods and retail, real estate, agriculture and infrastructure. The Nigerian government has also introduced a number of incentives to attract foreign investors. These include a favourable company income tax, Pioneer Status Grants, Free Trade Zones and tax relief for research and development. Investors can also repatriate 100% of profits and dividends, while full ownership of companies is granted in all sectors apart from oil and gas.
The keys to successful business interactions in Nigeria are adaptability, flexibility and patience. Establishing personal relationships is important with the introductory section of meetings.
In this section, we have included useful links to various Nigerian businesses and institutions. The business directory listing is provided by Nigeria Directory. The provided links are separated by category. To view business listings in a category, simply click on the respective link.
14. Legal Services
15. Maintenance & Services
16. Manufacturing and Production
17. News, Advertising & Media
18. Oil & Gas
19. People & Society
20. Professional Services
21. Real Estate
22. Religious Organisations
23. Shopping & Specialty Stores
24. Solid Minerals
25. Sports & Recreation
27. Travel, Lodging & Tourism