Country
advanced
Sunday, May 19th 2013
Finance | Energy | Infrastructure | Telecoms & ICT | Industry and Trade | Agriculture | Education | Tourism & Culture | Government
Asia | Africa | Europe | Eastern Europe and the CIS | North America & Caribbean | South America | Middle East
Latest news:
London
14°c

Nigeria

The original report was published in the Bloomberg Businessweek on Monday, March 5, 2012
Industry and Trade | Africa | Nigeria
President Barack Obama meeting with Nigerian President Goodluck Jonathan at the Oval Office, June 8, 2011
"Too large to ignore"
Increasing transparency, diversity and returns for international investors are changing the nature of doing business in Nigeria
0
Energy | Africa | Nigeria
More locals involved in energy
Indigenous piping specialist Damagix boosts local content in the oil & gas sector
0
Industry and Trade | Africa | Nigeria
From trader to international biscuit manufacturer, Beloxxi is a fine example of Nigerian business acumen
Industry leader's determined approach sets the bar
Nigeria's principal biscuit manufacturer has become a role model for the industry
0
Finance | Africa | Nigeria
Swift action ensures success
Royal Exchange leads an insurers consortium in a N3.636 billion WAMCO claims settlement
0
Infrastructure | Africa | Nigeria
Aero Contractors Company
Making progress in tackling transport issues
One of the major challenges faced by Nigeria is the overall improvement of its transport sector
0
Finance | Africa | Nigeria
Variety is the spice of financial life
Advocates of economic diversity, such as Nexim Bank, address barriers to trade for the non-oil sectors
0
Finance | Africa | Nigeria
Chike Mokwunye, Group Managing Director of Royal Exchange Plc
Paradigm change for insurance
The oldest insurance company in Nigeria, Royal Exchange is now targeting the huge informal market
0
 
IFC Reports

LOCATION:
Western Africa, bordering the Gulf of Guinea, between Benin and Cameroon
 
CAPITAL:
Abuja

AREA - comparative:
slightly more than twice the size of California

CLIMATE: 
varies; equatorial in south, tropical in center, arid in north

GDP - composition by sector:  
agriculture: 30%
industry: 32%
services: 38% (2010 est.)

AGRICULTURE - products:  
cocoa, peanuts, cotton, palm oil, corn, rice, sorghum, millet, cassava (tapioca), yams, rubber; cattle, sheep, goats, pigs; timber; fish

INDUSTRIES:  
crude oil, coal, tin, columbite; rubber products, wood; hides and skins, textiles, cement and other construction materials, food products, footwear, chemicals, fertilizer, printing, ceramics, steel

EXPORTS:
$73.7 billion (2010 est.)
country comparison to the world: 39
$56.12 billion (2009 est.)

EXPORTS - commodities:  
petroleum and petroleum products 95%, cocoa, rubber

EXPORTS - partners:
US 37.4%, India 10.5%, Brazil 7.8%, Spain 6.9% (2010)