Nigeria

Official Name:	The Federal Republic of Nigeria
Sovereign Status:	Sovereign Country
Government Type:	Federal Presidential Republic
Official Name (Local Language):	Federal Republic of Nigeria
ISO Country Codes:	NG : NGA
Internet Domain:	.ng
Government Web Site:	https://nass.gov.ng/

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UN Location Codes

IATA Airports

Capital:	Abuja	Main Airports:	Lagos - Murtala Muhammed International Airport, Mallam Aminu Kano International Airport, Nnamdi Azikiwe International Airport
Language(s):	English;Hausa;Yoruba;Igbo;Fulani	Population:	225,082,083
Currency:	Nigerian Naira	ISO Currency Code:	NGN
Telephone Dial In:	+234	ID Prefix:	009

Source: Central Intelligence Agency Factbook

Country Summaries:

BBC; CIA Factbook; Commisceo Global; Country Code; Infoplease; International Model United Nations Association; NationMaster; NationsOnline; UNESCO;

Political & Cultural Organisations:

African Caribbean and Pacific Group of States; African Union; Commonwealth of Nations; Community of Democracies; Inter Parliamentary Union; Organisation of Islamic Cooperation; UN; UNESCO;

Travel Guides:

Lonely Planet;

News Resources:

News Agency

Show

AllAfrica;

Amala;

News Agency of Nigeria;

Newspaper

Show

Radio

Show

Federal Radio Corporation of Nigeria;

Nigeria

Government Website:	https://nass.gov.ng/
Sovereign Ratings:	https://countryeconomy.com/ratings/nigeria
Central Bank:	Central Bank of Nigeria
Currency USD Exchange Rate:	383.5 nairas (NGN) per US dollar (2020 est.)
Unemployment Rate:	16.5% (2017 est.)
Population below poverty line:	40.1% (2018 est.)
Inflation Rate:	11.3% (2019 est.)

Prime Lending Rate:	15.40% (2019 - World Bank)
GDP:	$1.05 trillion (2021 est.)
GDP Pro Capita (PPP):	$4,900 (2021 est.)
Currency Name:	Nigerian Naira
Currency Code:	NGN
World Bank Classification:	Lower-Middle Income Economy

GDP Composition:

Agriculture:	21.1%	cocoa, peanuts, cotton, palm oil, corn, rice, sorghum, millet, cassava (manioc, tapioca), yams, rubber; cattle, sheep, goats, pigs; timber; fish
Industry:	19.4%	crude oil, coal, tin, columbite; rubber products, wood; hides and skins, textiles, cement and other construction materials, food products, footwear, chemicals, fertilizer, printing, ceramics, steel
Services:	59.5%

Source: Central Intelligence Agency Factbook

Financial & Economic Organisations:

African Development Bank; FAO; IMF; International Labour Organization; Un Economic Commission for Africa; UNIDO; World Bank;

Financial & Economic Profiles:

African Development Bank; Countryeconomy; Extractive Industry Transparency Initiative; FAO; IMF; International Labour Organization; OECD; UNDP Human Development; World Bank;

Financial Exchanges:

Stock & Securities Exchange: NASD plc ; Nigerian Stock Exchange ;

National Statistics Office:

National Bureau of Statistics (NBS);

National Dataset(s):

Focus Economics; Trading Economics;

Nigeria

Subject to Country Specific Sanctions? NO

The World Bank’s World Integrated Trade Solution

Trade Statistics

Trade Summary

Trade Indicators

Business Language(s):	English
Customs & Excise:	Nigeria Customs Service
Development Bank(s):	African Development Bank; Islamic Development Bank; Development Bank of Nigeria;
National Standards Bureau:	Standards Organisation of Nigeria

Competitive Ind’l Performance: 116/141 (2019)	Corruption Perceptions Index: 150/180 (2022 Rank)
Ease of Doing Business: N/A	Enabling Trade Index: 127/136 (2016)
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