Nigeria – Fast Facts


Nigeria is a Lower income economies coming under the Sub Saharan African region as to the classification made by the World Bank on the basis of income and region for the year 2006.

The petroleum reserves in Nigeria acts as a major contributor to the country’s economy. The economy has suffered from the problems of corruption over the years. Among the various sectors of the economy, the performance of the industries is note worthy. It holds the larger share in the total GDP in the country.

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Nigeria Economic Forecast


Nigeria sits along the Atlantic Ocean while also sharing borders with Cameroon, Niger, Benin, and Chad. The size of Nigeria is huge, ranking as number 32 worldwide. Along with a mixture of topography that includes a mix of coastline, mountains, and lowlands, Nigeria boasts one of the most developed economies. In fact, the country is rated as being middle income, a country with well-developed communications, financial, and transport sectors.

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