Trade With Nigeria (TN)

www.tradenigeria.org..





Nigeria has very similar business and legal practices to the UK, an while there are several ethnic tribes and dialects, Yoruba, Igbo and Hausa being three of the major groups, English is still the generally-spoken language.



       Nigeria is the home of Africa’s Largest economy and biggest oil producer, and also has a growing populace of over 180million the largest in Africa. With an abundance of Natural Resources, and a growing middle class, Nigeria’s Economy potential is considerable.

       Ties between Nigeria and the UK may have been-rooted in our historical and potential origins, but over the years it has evolved into a more dynamic relationship that includes Education, Trade, Arts, and Culture.

       The UK and Nigeria have an excellent commercial relationship with over E6.1billion worth of trade per year; it is also the 2nd largest African Market for goods. UK companies are extremely well-known in Nigeria, and UK brands (especially luxury goods) are in very high demand.

       The main objective of this TRADE WITH NIGERIA (doing business in Nigeria) Guide is to provide you about Nigeria; an overview of it economy, business culture, potential opportunities and to identify the main issues associated with initial research, market entry, risk management and culture and language issues
                           TRADE WITH NIGERIA

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Trade With Nigeria (TN)

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www.tradenigeria.org... Expats looking to do business in Nigeria, and especially those who have never done business on the African continent before, will certainly have to prepare themselves for some unique challenges. Although great strides have been made within the corporate world in Nigeria – one of the most oil-rich countries in the world and Africa's largest economy – the country still suffers from massive corruption and a debilitating lack of infrastructure; two factors that can make doing business difficult, to say the least. However, expats should remember that a tremendous amount of business does get done in Nigeria, and jaded or pessimistic views about the country are not always well deserved. Nevertheless, doing business in Nigeria is challenging, as illustrated by numerous international business surveys. Most notably, Nigeria ranked 146th (out of 190 countries) in the World Bank's 2019 Ease of Doing Business Survey. This marked a solid improvemen
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www.tradenigeria.org... This guide will give investors a high level overview of Nigeria which should hopefully lead to a more detailed and tailor-made analysis required in making informed decisions about doing business and investing in Nigeria.
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