Investment
Nigeria was proclaimed Africa’s largest economy in 2014, following the rebased calculation of its Gross Domestic Products – GDP to capture hitherto undervalued or neglected sectors such as its flourishing entertainment industry (Nollywood and Nigerian Music) and Information and Communications Technology – ICT. Nigeria’s GDP then totaled over 510 billion dollars. The GDP has also been registering an impressive growth rate in recent years, exceeding 6% annually. Nigeria is one of Africa’s most attractive destinations for investors. Besides the diverse natural resources it is endowed with, Nigeria disposes of a huge human capital, with trained and qualified professionals readily available at competitive costs in the employment market. Investors would also be impressed by the array of investment incentives they can take advantage of in various sectors. Nigeria, investors would quickly discover, is a market characterised by the high return on investment it offers. Nigeria’s investment environment is supported by strong and reliable financial institutions and government agencies.
Nigerian Investment Promotion Commission (NIPC)
One Stop Investment Centre (OSIC)
Business Incorporation and Registration: A Mandatory Requirement
Company Registration Process
Incorporating and Operating a Foreign Company
Exemption from Incorporation
Corporate Affairs Commission (CAC)
Representative Offices
Legislation on Investments
Investment Protection
Investment Promotion and Protection Agreements
Role of the Financial System
Federal Ministry of Finance
Central Bank of Nigeria
Nigerian Deposit Insurance Corporation (NDIC)
Securities and Exchange Commission (SEC)
National Insurance Commission (NAICOM)
The Money Market
Discount Houses
Debt Management Office
Federal Inland Revenue Service (FIRS)
Bank of Agriculture
Bank of Industry (BOI)
Business Ethics and Conduct, Product Control
Standard Organisation of Nigeria (SON)
National Agency for Food and Drugs Administration and Control (NAFDAC)
Nigerian Drug Law Enforcement Agency (NDLEA)
Economic and Financial Crimes Commission and Independent Corrupt Practices and Other Related Offences Commission