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Doing business in Nigeria

A selection of articles, books and online resources to help you explore the key issues for doing business in Nigeria.

Useful links

Ease of Doing Business in Nigeria
Summary of comprehensive annual data collated by the World Bank giving key indicators for business and economic conditions. Includes information on typical business procedures, showing time to complete and associated costs for each step.

Nigeria company registration
Comprehensive guide produced by Healy Consultants explaining company structures and business entity types, fees and timelines for incorporation, accounting and tax in this jurisdiction and comparisons with other countries in the region.

Guides

Exporting to Nigeria
Regularly updated guide produced by UK Trade and Investment for companies looking to do business in this country. Sections include:

  • challenges
  • growth potential
  • opportunities
  • start-up considerations
  • legal considerations
  • tax and customs considerations
  • entry requirements.

Doing Business in Nigeria
Guide prepared by a local firm within the UHY network which provides an overview of the relevant issues to consider when establishing a business in this country. Published in March 2015.

Doing Business in Nigeria
Country guide from Baker Tilly International providing an overview of rules and regulations covering business entities and accounting, finance and investment, employment regulations and tax. Published in August 2015.

Doing Business in Nigeria 2014
Report published by the World Bank and the International Finance Corporation that compares business regulations across all 36 states and the capital.

Nigeria: Guide to Doing Business
Guide published by legal firm Lex Mundi in May 2014, providing an overview of the legal and business environment in Nigeria.

Surveys

Making choices: EY's attractiveness survey – Africa 2015
The 2015 edition of EY's annual survey examining investment attractiveness in the region. The report gives statistics on trends in economic activity and offers insight into investor perceptions of individual countries and sectors. It examines how global business leaders perceive the region's growth potential and analyses foreign direct investment trends. Previous editions include:

Import and export

Market Access Database
Useful guidance covering this region compiled by the European Commission aimed at EU countries exporting to the rest of the world. The Exporter's Guide to Import Formalities lists relevant import procedures, documents and requirements by product code and country or customs area.

Law and regulation

Doing Business Law Library: Nigeria
Links to business laws and regulations collated by the World Bank. Topics include:

  • banking and credit laws
  • bankruptcy and collateral laws
  • commercial and company laws
  • labour laws
  • land and building laws
  • securities laws
  • tax laws
  • trade laws.

Doing business in… Country Q&A tool
Useful tool from Practical Law that allows users to compare summaries of key legal issues across several jurisdictions, including this country. Summaries cover:

  • the legal system
  • foreign investment
  • business vehicles
  • employment
  • tax
  • competition
  • intellectual property
  • marketing agreements
  • e-commerce
  • data protection
  • product liability.

Forums and support networks

Lagos Chamber of Commerce & Industry
A support network for promoting business and trade.

European Business Council for Africa and the Mediterranean
Federation of European organisations supporting trade and investment in Africa.

Other organisations

Invest in Africa
Platform set up by a group of international companies working in partnership to share knowledge and best practice on doing business in Africa.

Embassies and consulates

Publications

Buy books from Amazon on doing business in Nigeria

Articles and books in the Library collection

To find out how you can borrow books from the Library please see our guide to book loans.

You can obtain copies of articles or extracts of books and reports by post, fax or email through our document supply service.

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