Africa’s most populous country is currently experiencing its longest period of civilian rule since independence from the United Kingdom in 1960. Associated most often with corruption and political instability Nigeria, which is located in West Africa, continues to have its fair share of troubles. Yet the country’s economy has continued to grow underpinned by former president Obasanjo’s administration, which eliminated the country’s large external foreign debt obligations and restored fiscal stability. These measures combined with significant micro-economic reforms has enabled domestic enterprise to flourish.

Today, Nigeria is one of the largest recipients of inbound portfolio and inward foreign direct investment (FDI) in Africa, not all of it directed towards oil and gas. For example Nigeria’s banking and financial services sector has been booming as has telecommunications, residential and commercial real estate. Some of the key sectors in, which we see value include

:

• Agriculture
• Renewable energy
• Banking and financial services
• Oil and gas
• Power generation
  

Area
923,768 sq km

Population:
138,283,240

Natural resources:
natural gas, petroleum, tin, iron ore, coal, limestone, niobium, lead, zinc, arable land