NationsData
InvestNigeria
🇳🇬

Nigeria

Sub-Saharan Africa

32

Score

CautionB-

Caution Investment Destination

Significant risks present — experienced investors with hedging strategies

Score Breakdown
Economic Health (30%)35
Political Safety (25%)18
Business Climate (20%)28
Financial Strength (15%)30
Growth Potential (10%)55
Investment Profile
Economic
GDP$477B
GDP Growth2.9%
GDP per Capita$2,200
Inflation22.0%
Current Account-0.5% GDP
Financial & Fiscal
Government Debt40% GDP
FDI Inflows0.8% GDP
Trade Openness28%
Credit RatingB-
Governance (WGI)
Political Stability-1.5
Rule of Law-0.9
Corruption Control-1.0
Regulatory Quality-0.8
Population224M
Pop. Growth2.4%
Sector Investment Analysis

Technology (Fintech)

2% of GDP

growing78

Energy (Oil & Gas)

8% of GDP

declining72

Telecom

3% of GDP

growing62

Agriculture

23% of GDP

stable48