Summary
North west, south west and north central Nigeria are the major regions in Nigeria which account for around 60.2% of the total population, as of 2016
Nigeria’s banking sector received the majority of inward FDI in 2018

The agriculture sector contributed 21.1% to the gross value added (GVA) in 2018, followed by wholesale, retail and hotels, and mining, manufacturing and utilities which contributed 19.8 and 18.8%, respectively. According to MarketLine, the three sectors are expected to grow by 12.4%, 12.1% and 12.2%, respectively, in 2019.

Scope

  • Overall, the NSE exhibited a downward trend over the last year. As of June 13, 2019, the NSE stood at 30,029.2, compared to 39,031.7 on June 13, 2018.
  • As per the World Bank’s logistics performance index (LPI), transport and logistic infrastructure in Nigeria has deteriorated over the last two years with a decline in rank from 90th in 2016 to 110th out of 160 countries in 2018


Reasons To Buy

  • Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
  • PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
  • Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
  • This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.