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Business, Commerce, Economy : Nigeria

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 African & Middle Eastern Division,
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The most populous country in Africa and the largest in area of the West African states, Nigeria was an early twentieth century colony that became an independent nation in 1960. A country of great diversity because of the many ethnic, linguistic, and religious groups that live within its borders, Nigeria is also a country with a long past. The history of the peoples that constitute the present state dates back more than 2,000 years. The earliest archaeological finds were of the Nok, who inhabited the central Jos Plateau between the Niger and Benue rivers between 300 B.C. and 200 A.D. A number of states or kingdoms with which contemporary ethnic groups can be identified existed before 1500. Of these, the three dominant regional groups were the Hausa in the northern kingdoms of the savanna, the Yoruba in the west, and the Igbo in the south.

Following nearly 16 years of military rule, a new constitution was adopted in 1999, and a peaceful transition to civilian government was completed. Under the constitution, the executive branch is headed by a president, who is popularly elected for a four-year term and is assisted by a cabinet. The bicameral legislature consists of a 360-seat house of representatives and a 109-seat senate; all legislators are elected for four-year terms. Parliament convened for the first time in Abuja in Aug., 1999. For administrative purposes, the country is divided into 36 states and a federal capital territory.

This collection of internet sources provides access to selected web sites that provide key information and analysis on the economic, financial, and business sectors in the Federal Republic of Nigeria. Emphasis is on the web sites of Nigerian government agencies, the United Nations, and bilateral and multilateral institutions providing information resources on business and economic events and trends in Nigeria. Although selective, inclusion of a site by no means constitutes endorsement by either the African and Middle Eastern Division or the Area Studies Directorate of the Library of Congress. Every source listed here was successfully tested before being added to the list. Users, however, should be aware that a successful connection may sometimes require several attempts.

For Library of Congress contact information and additional research and bibliographic materials on Liberia consult the Library’s African Section Nigeria Country Web page.



Africa Business Information Services - AfBIS  (http://www.afbis.com)
Site provides information and analysis on business and economics in Nigeria and in other African economies.

Africa Union (AU)  (http://www.africa-union.org)
‘Successor organization to the Organization of African Unity (OAU), the African Union’s web site has news, press releases speeches and statements, country information about its members, and other documents’.

African Development Bank Group  (http://www.afdb.org/)
Site contains basic economic indicators and project reports for Nigeria and other African countries.

Bureau of Public Enterprise (BPE)  (http://www.bpeng.org)

Business Day  (http://www.bday.co.za/bday/index/direct/0,3524,6078-0,00.html)
‘The current daily electronic newspaper covers Nigerian, African and world business news.’

Central Bank of Nigeria  (http://www.cenbank.org/welcome.htm)
Site includes a history of Nigerian monetary policy and of Nigeria's foreign exchange market.

Consulate General of Nigeria, Atlanta  (http://www.nigeria-consulate-atl.org)
Site provides information on visas, passports, investments, and vacations in Nigeria.

Consulate General of Nigeria, New York  (http://www.nigeria-consulate-ny.org)
Site provides information on visas, passports, investments, and vacations in Nigeria.

Corporate Affairs Commission (CAC)  (http://www.cac.gov.ng/about.htm)
‘Established in 1990, the CAC regulates the formation and management of companies in Nigeria’.

The Corporate Council on Africa  (http://www.africacncl.org/(33dnzm55k2uhzl552uhydonz)/Default.aspx)
The leading American nonprofit organization dedicated to enhancing trade and investment ties between the United States and Africa. CCA’s Nigeria Working Group engages CCA members and policymakers on issues that affect commercial relations with Nigeria.

ELDIS  (http://www.eldis.org)
‘An extensive collection of development-related analysis and information resources. Includes statistical databases and detailed country reports on bio-diversity issues in the African countries.

Economic Community of West African States (ECOWAS)  (http://www.ecowas.int/)
Official website of ECOWAS a regional organization which aims to promote trade and economic growth among member countries. The site includes a description and structure of the organization, country profiles of Member states, publications, press releases, meetings, etc.

Embassy of the Federal Republic of Nigeria, Argentina  (http://www.embassyworld.com)
Site provides a guide to Nigeria for investors, tourists, visa requirements, etc.

Federal Ministry of Commerce  (http://www.commerce.gov.ng)
‘Official website of the federal ministry’.

Federal Office of Statistics. Nigeria  (http://www.nigeriabusinessinfo.com/fos.htm)
‘Official website of the federal ministry’.

Institute of Public Policy Analysis (IPPA)  (http://ippanigeria.org/)
‘IPPA is a private, non-profit organization which provide market-oriented analysis of current and emerging policy issues in Nigeria’.

Mbendi Information Services  (http://mbendi.co.za/index.htm)
Site provides country profiles and information on business opportunities in the oil, chemical, mining, and other industries in the African countries, companies and organizations active in various industry sectors, the lead business and government personalities, details of conferences and exhibitions, and a directory of products and services.

National Anti-Corruption Commission (NACC)  (http://www.nigeriabusinessinfo.com/agencies.htm)
‘Task of the commission is to reverse the trend of corruption in Nigeria’.

National Council on Privatisation  (http://www.nigeriabusinessinfo.com)
‘The National Council on Privatisation (NCP) is the Policy making for Nigeria’s privatisation programme’

National Electric Power Authority (NEPA)  (http://www.nepanigeria.org)

National Institute for Policy and Strategic Studies (NIPSS)  (http://www.nipss%7Eng.org)
Established in 1990, NIPSS is the apex research institution in Nigeria designed to provide a forum for senior policymakers and top intellectuals.

New Partnership for Africa's Development (NEPAD)  (http://www.nepad.org.ng)
Gateway to information on the NEPAD program and the role of Nigeria in the development program.

Nicon Insurance  (http://www.niconinsurance.com.ng)

Nigeria Business Info.com  (http://www.nigeriabusinessinfo.com)
‘Authoritative business, investment and financial information and news on corporate Nigeria’.

Nigeria Business Info.com  (http://www.nigeriabusinessinfo.com)
‘Authoritative business, investment and financial information and news on corporate Nigeria’.

Nigeria Data Bank (NDB)  (http://www.nigeriandatabank.org)
‘The NDB is the hub of statistical and information system in Nigeria”.

Nigeria Embassies and Consulates  (http://www.embassyworld.com)
‘Embassies of the Federal Republic of Nigeria’.

Nigeria Embassies and High Commissions Abroad  (http://www.nigeria.gov.ng/government/embassies.htm)

Nigeria Investment Promotions Commission (NPIC)  (http://www.nipc-nigeria.org)
‘The NPIC is the one-stop agency for investment facilitation in Nigeria’. The site provides government news and information, and a number of investment-related links.

Nigeria National Petroleum Corporation (NNPC)  (http://www.nigerianoil-gas.com)
Formed in 1977, the NNPC has responsibility for upstream and downstream developments, and is also charged with regulating and supervising the oil industry on behalf of the Nigerian Government’.

Nigeria Oil and Gas Online  (http://www.nigerianoil-gas.com)
‘Information on the Nigerian Oil and Gas Industry. Includes industry profile, news, data, business contacts, and contract information and opportunities’.

Nigeria Ports Authority (NPA)  (http://www.nigeriai-ports.com)
Official website of the NPA providing shipping news, information about Nigeria ports, and links to additional information resources on ports in Nigeria.

Nigeria Stock Exchange (NSE)  (http://www.nse.com.ng)
Site includes information on trading figures, equity figures, company reports, and more.

Nigeria Tourism Board  (http://www.nigeriatourism.net)

Nigeria World  (http://nigeriaworld.com)
Directory and daily news information on Nigeria.

Nigerian Business.Com  (http://www.nipc-nigeria.org)
Major site on the internet for Nigerian business information.

Nigerian Export Processing Zone (NEPZA)  (http://nepza.com)

Nigerian Institute for Social and Economic Research  (http://www.niser.org.ng)

Nigerian LNG Limited (NLNG)  (http://www.nlng.com/default)

Nigerian Tourism Development Corporation  (http://www.nigeriantourism.net)

Odili.Net  (http://odili.net)
Formerly “NigeriaWeb”. A general site with extensive links to general information on Nigeria and online news features.

Official Website of the Federal Government of Nigeria  (http://www.nigeria.gov.ng)
Site contains links to Federal government agencies and to the federal legislature.

Overseas Private Investment Corporation (OPIC) Investor's Information Gateway  (http://www.opic.gov)
‘Site provides country-specific documents and other information resources’.

Petroleum Equalisation Fund  (http://www.pefmb.org)

Smart Card Society of Nigeria  (http://www.nigeriabusinessinfo.com)
‘Founded in 2001, the association aims to establish itself as the premier Nigerian forum for education, debate and promotion of all aspects of smart card and related technologies, standards, applications and schemes’.

Transparency in Nigeria (TIN)  (http://www.nigeriabusinessinfo.com)
‘Founded in 1994 as a non-governmental, independent, non-political and non-profit making organization to provide a forum for individuals and civil society institutions from both the private and public sectors of the Nigerian political, social and economy, environment to exchange ideas and share experiences in the broad areas of art and science of corruption and to take appropriate action in reducing corruption to the bare minimum’.

U.S. Agency for International Development  (http://www.usaid.gov/locations/sub-saharan%5Fafrica/)
Site includes country information, speeches, press releases, publications, and information on private sector development in Nigeria and in other sub-Saharan Africa countries.

U.S. Department of Commerce. International Trade Administration  (http://www.ita.doc.gov)
Site provides a country profile of business and economic trends in Nigeria.

U.S. Department of State  (http://www.state.gov/p/af/ci/ni/)
Site includes country-specific information, major economic reports and press releases on Nigeria.

West African Bankers' Association  (http://www.wabao.org)
The Association covers Benin, Burkina Faso, Cape Verde, Ivory Coast, Gambia, Ghana, Guinea, Guinea Bissau, Liberia, Mali, Niger, Senegal, Sierra Leone, Togo, and Nigeria.

World Bank Group  (http://www.worldbank.org)
The World Bank Group is composed of five organizations: the International Bank for Reconstruction and Development (IBRD), International Development Association (IDA), International Finance Corporation (IFC), Multilateral Investment Guarantee Agency (MIGA), and the International Center for Settlement of Investment Disputes (ICSID). The Group provides substantial amounts of economic data, statistics and full-text documents and reports on various sectors of economic and development in Nigeria and in other sub-Saharan African countries.

World Trade Organization  (http://www.wto.org)
Site provides trade statistics for Nigeria as well as full-text official documents on trade and investment-related topics.

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  Library of Congress >> Global Gateway >> Portals to the World >> Nigeria
  September 27, 2005
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