Nigeria Articles & Analysis

With Africa’s largest economy and its biggest population, Nigeria is the continent’s heavyweight. The country has been blessed with resource-rich lands, areas of great agricultural fertility and favourable demographics, but it has also had its fair share of challenges.

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ETIQUETTE: Relationships are very important within the business community. Meetings typically open with a handshake, followed by a casual conversation about family, health and travel. In the Muslim north, wait for a woman to extend her hand before offering yours. The business discussion begins at...

Articles & Analysis | Nigeria's Hotel Listings from The Report: Nigeria 2017

 

HOTEL MOORHOUSE MGALLERY 1 Bankole Oki Road, Ikoyi, Lagos T: (+234) 1 461 5409 - 20 F: (+234) 1 461 5423 www.accorhotels.com; www.mgallery.com h2770-sl1@accor.com Rooms:  Superior rooms, luxury rooms and executive suites, 90 in total. Business & Conference Facilities: 8 meeting rooms with a maximum capacity of 80 people and...

 

Over the past three years the Nigerian economy and public finances have been dealt a heavy blow by the fall in oil prices and depleted foreign exchange reserves. With the decline in oil revenue, focus has shifted to taxation as a source of income.

 

Many governments around the world have taken recourse to declaring periods of tax amnesty on the premise that it would encourage taxpayers to come forward and voluntarily declare their taxable income and ultimately drive revenue generation.

 

Micro-, small and medium-sized enterprises (MSMEs) are the driving force for economic activity and innovation. They contribute to growth through job creation, investments, exports and taxation. In Nigeria the economy is largely dominated by MSMEs, with an estimated 96% of all businesses falling in this category. MSMEs account for 84% of the...

 

Early in 2017 the federal government of Nigeria began a reform process for commercial entities by setting up the Presidential Enabling Business Environment Council (PEBEC). Its immediate aim is to improve Nigeria’s ranking in the next edition of the World Bank’s “Doing Business” report by at least 20 positions, up from its current position of...