Trade With Nigeria (TN)

December 18, 2019

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