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Nigeria

Nigeria · NGA · Africa

60

Risk Score

High Stable

Risk Factors

Active conflict (structural)
No recent events in pipeline

Overview

Nigeria, Africa's most populous nation and largest economy, is rich in oil and natural gas, but faces significant challenges including security issues, corruption, and the need for economic diversification. The government is working to stabilize the economy and address social grievances. Its strategic importance in West Africa remains paramount.

Leadership

Bola Ahmed Tinubu

President

Government: Federal presidential republic

Kashim Shettima

Yusuf Tuggar

Wale Edun

Economy

GDP

$400.0B

GDP per Capita

$1.6K

GDP Growth

+3.5%

Inflation

20.0%

Unemployment

5.0%

Oil and gasAgricultureManufacturingServicesTelecommunications

Trade

Key Exports

Crude petroleumNatural gasCocoaRubberSesame seeds

Key Imports

Machinery and transport equipmentRefined petroleum productsFoodstuffsChemicalsManufactured goods

Top Partners

IndiaSpainUSAChinaNetherlands

Headlines (8)

naijanews22h ago

Oshiomhole Tells FG To Seize Profits Of South African Companies For Attacked Nigerians

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legit22h ago

Read how man graduated with first class depsite planning to get second class upper

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leadership22h ago

RCA Charity Half Marathon Targets Infant Mortality With ₦12.4m Healthcare Drive

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latestnigeriannews22h ago

Nigeria ready to help in global energy solutionsPetrol minister

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naijaonpoint_ng22h ago

Senate Reject Calls To Use MTN, DSTV Proceeds To Compensate Victims of Xenophobia

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naijaonpoint_ng22h ago

From the U.S. to the Spotlight: Ambassador Seun Marcus makes grand return, delights fans at Ileya Fiesta

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naijaonpoint_ng22h ago

Lawmakers back Umahi, say Lagos flooding predates coastal highway

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businessday22h ago

NNPC says cost-optimisation drive yielded $3.4bn savings in 12 months

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