Nigeria

Official Name: The Federal Republic of Nigeria
Sovereign Status: Sovereign Country
Government Type: Federal Presidential Republic
Official Name (Local Language): Federal Republic of Nigeria
ISO Country Codes: NG : NGA
Internet Domain: .ng
Government Web Site: https://statehouse.gov.ng/
Capital: Abuja Main Airports: Lagos - Murtala Muhammed International Airport, Mallam Aminu Kano International Airport, Nnamdi Azikiwe International Airport
Language(s): English;Hausa;Yoruba;Igbo;Fulani Population: 219,463,862
Currency: Nigerian Naira ISO Currency Code: NGN
Telephone Dial In: +234 ID Prefix: 009



Travel Guides:

Nigeria

Government Website: https://statehouse.gov.ng/
Sovereign Ratings: https://countryeconomy.com/ratings/nigeria
Central Bank: Central Bank of Nigeria
Currency USD Exchange Rate: 383.5 nairas (NGN) per US dollar (2020 est.)
Unemployment Rate: 16.5% (2017 est.)
Population below poverty line: 70% (2010 est.)
Inflation Rate: 11.3% (2019 est.)
Prime Lending Rate: 15.40% (2019 - World Bank)
GDP: $475.062 billion (2019 est.)
GDP Pro Capita (PPP): $5,136 (2019 est.)
Currency Name: Nigerian Naira
Currency Code: NGN
World Bank Classification: Lower Middle Income

GDP Composition:

Agriculture: 21.1% cocoa, peanuts, cotton, palm oil, corn, rice, sorghum, millet, cassava (manioc, tapioca), yams, rubber; cattle, sheep, goats, pigs; timber; fish
Industry: 19.4% crude oil, coal, tin, columbite; rubber products, wood; hides and skins, textiles, cement and other construction materials, food products, footwear, chemicals, fertilizer, printing, ceramics, steel
Services: 59.5%

Source: Central Intelligence Agency Factbook




Financial Exchanges:
Stock & Securities Exchange: NASD plc ; Nigerian Stock Exchange ;

National Statistics Office:

National Dataset(s):

Nigeria


Subject to Country Specific Sanctions? NO

The World Bank’s World Integrated Trade Solution

Business Language(s): English
Customs & Excise: Nigeria Customs Service
Development Bank(s): African Development Bank; Islamic Development Bank; Development Bank of Nigeria;
National Standards Bureau: Standards Organisation of Nigeria
Competitive Ind’l Performance: 116/141 (2019) Corruption Perceptions Index: 149/180 (2020)
Ease of Doing Business: 131/190 (2019) Enabling Trade Index: 127/136 (2016)
Global Trade Alert Search ITC's Lega Carta
World Bank Logistics Performance Index