Doing business in Nigeria
In the 2020 Ease of Doing Business index developed by the World Bank, Nigeria’s rank jumps from 146 to 131, globally, moving up 15 places and 21st in the Sub-Saharan Africa.
The global ranking represents its second-highest annual progress of 11.45% in a decade. The highest annual growth remains at 14.2%. The World Bank also recognised Nigeria as the ten most improved economies for the second time. Nigeria improved significantly in “starting a business, dealing with construction permits, getting electricity, registering property, trading across borders and enforcing contracts” indices.
Download our guide to doing business in Nigeria, which covers:
- Country overview
- Business vehicles/structures for doing business
- Business rights and regulatory environment
- Corporate governance
- Banking and finance
- Investment regulation
- Dispute resolution
- Exiting an investment
This article forms part of Doing Business in Africa: