Business in Nigeria – current state of play

Business in Nigeria
Starting a business in Nigeria
Nigeria has been ranked the nineteenth most attractive economy for investments flowing into the African continent.

In 2015, it was estimated that Nigeria attracted a net foreign direct investment of US$3.1 billion. Although the Nigerian economy recently experienced a few quarters of negative growth, the World Economics Report has declared the country to be out of recession and well on its path to full recovery indicating a remarkable Market Growth Index.

Being the largest economy in Africa and one of the most vibrant in the world, Nigeria can well be described as an investor’s dream especially when its teeming population and abundant resources are considered.

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