Country Overview
Nigeria, often referred to as the 'Giant of Africa', boasts the continent's largest economy and population. It presents vast investment opportunities across diverse sectors including oil and gas, agriculture, manufacturing, and a rapidly growing technology scene.
Despite challenges, Nigeria's entrepreneurial spirit and large domestic market make it an attractive destination for investors looking for scale. Lagos, its commercial capital, is a major hub for innovation and finance in Africa.
Key Facts
Capital City
Abuja
Largest City
Lagos
Population
220 Million (2023 est.)
Currency
Nigerian Naira (NGN)
Official Language
English
Location & Geography
Nigeria is strategically located, offering unique geographical advantages.
- West African coastal nation
- Access to Atlantic Ocean
- Member of ECOWAS
Economic Indicators
GDP (2023 est.)
$477B
GDP Per Capita (2023 est.)
$2,168
FDI Inflow (2023)
$3.3B
Inflation Rate (2023 avg)
24.5%
Sector Analysis
Oil & Gas
Dominant sector, major crude oil exporter.
Key Investment Areas:
- Upstream exploration
- Refining capacity
- Gas infrastructure
Agriculture
Large potential for food security and export.
Key Investment Areas:
- Mechanization
- Processing
- Supply chain improvement
Technology (Fintech)
Booming fintech and e-commerce scene.
Key Investment Areas:
- Digital payments
- Software development
- E-commerce platforms
Sector Growth Comparison
Fastest Growing Sectors
Why Invest in Nigeria?
Largest market in Africa
Abundant natural resources
Growing middle class
Entrepreneurial population
Featured Investment Projects in Nigeria
InfrastructureLagos Deep Sea Port
Development of a new deep sea port to boost trade.
Investment Required
$1.5 Billion
Expected ROI
12%
Creative Industries & MediaNollywood Film Village
State-of-the-art film production facilities.
Investment Required
$50 Million
Expected ROI
20%
Business Climate & Incentives
Investment Climate
Nigeria is actively working to improve its investment climate, with reforms aimed at enhancing ease of doing business and attracting foreign capital.
Market Size
Largest population and economy in Africa offer significant scale.
Investment Incentives
Pioneer Status Incentive
Tax holidays for qualifying industries.
Investment Process Timeline
Company Registration
Register with the Corporate Affairs Commission (CAC).
Timeframe: 2-4 weeks
Ready to Invest in Nigeria?
Our team can provide you with detailed information, connect you with local partners, and guide you through the investment process.