Trade & Investment
Doing Business in Nigeria
Legal Framework for Business Activities
All business enterprises must be registered with the Registrar-General of the Corporate Affairs Commission (CAC) – the registrar of companies in Nigeria. A foreign investor wishing to set up business operation in Nigeria should take all steps necessary to obtain local incorporation of the Nigerian branch or subsidiary.
Official Resources
This section provides detailed guidance for investors and businesses exploring opportunities in Nigeria. It includes links to key government portals such as:
Nigerian Investment Promotion Commission (NIPC) – for investment guides, sector profiles, and incentives
Federal Ministry of Industry, Trade and Investment – for national trade policy, industrial development, and export programs
Corporate Affairs Commission (CAC) – for company registration and legal compliance
Nigeria Export Promotion Council (NEPC) – for export procedures and non-oil export support
Central Bank of Nigeria (CBN) – for investment regulations, forex policy, and financial sector insights
Where applicable, the content draws from publicly available data provided by these agencies, ensuring users are directed to authoritative, up-to-date resources for trade facilitation, regulatory processes, and economic development programs.
Business activities may be undertaken in Nigeria as one of the following:
- Private or Public limited liability company
- Unlimited liability company
- Company limited by guarantee
- Foreign Company (branch or subsidiary of foreign company)
- Partnership/Firm
- Sole Proprietorship
- Incorporated trustees
- Representative office
Benefits of doing Business in Nigeria
Nigeria offers a dynamic environment for business growth, supported by a large population, strategic regional access, and increasing government support for investors.
Strategic Location
Nigeria’s geographic position offers access to both regional and global markets. It serves as a gateway to West Africa and beyond, creating a strong base for business expansion.
Large Consumer Market
With a population exceeding 200 million, Nigeria provides one of the largest consumer markets in Africa, creating significant demand for goods and services across multiple sectors.
Government Incentives
The Nigerian government offers tax breaks, investment promotions, and special economic zones to attract foreign and local investors looking to scale operations.
