Nigeria
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Nigeria
Issuer
Abbreviation
Phone
Location
Capital
Official languages
Population
Currency
ISO 4217
Abuja
Nigeria
English
223,804,632
NGN
Naira
Delivery
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Certificate of incorporation
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Articles of association
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Meeting minutes
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Company stamp
Document checklist:
<Economy>
"Nigeria is the largest economy in Africa, with a GDP of $397.3 billion in 2019. It is also the most populous country in Africa, with a population of over 200 million people. The country has seen steady economic growth over the past decade, with an average annual growth rate of 2.5%. The primary drivers of this growth have been the oil and gas sector, which accounts for about 90% of the country’s exports, and the services sector, which accounts for about 60% of the country’s GDP. The country has also seen an increase in foreign direct investment, with a total of $2.3 billion in 2019.
Nigeria has a large informal economy, which accounts for about 60% of the country’s GDP. This informal sector is largely driven by small-scale businesses, such as street vendors, small-scale farmers, and artisans. The country also has a large agricultural sector, which accounts for about 40% of the country’s GDP. The agricultural sector is largely driven by small-scale farmers, who produce a variety of crops, including cassava, maize, yams, and rice.
The country has seen an increase in poverty levels over the past decade, with an estimated 70% of the population living below the poverty line. The government has implemented a number of initiatives to reduce poverty, including the National Social Investment Program, which provides cash transfers to the poorest households.
Overall, Nigeria has seen steady economic growth over the past decade, driven by the oil and gas sector, the services sector, and foreign direct investment. The country has also seen an increase in poverty levels, but the government has implemented a number of initiatives to reduce poverty."