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MGI Worldwide member firm Haruna Yahaya & Co. publish new guide for doing business in Nigeria.

31st October 2018

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MGI Africa member Haruna Yahaya & Co. is pleased to provide members with a NEW guide for doing business in Nigeria.

Located in the heart of West Africa, Nigeria is the continent’s largest nation; its vast natural resources, substantial agricultural sector and developing tourism industry providing ever-expanding opportunities for foreign investors.

With 65% of its 200 million population under the age of 25, the country disposes of a readily available workforce and is currently Africa’s sixth fastest growing economy. Positive initiatives are being taken by the federal government in the form of their new Ease of Business Policies; these include market-friendly policies and simplified regulatory frameworks and have resulted in Nigeria moving up 24 points in the World Bank’s Ease of Doing Business Index.

According to the IMF’s recent World Economic Outlook update, Nigeria can expect a 2.3 per cent growth rate in 2019. This, along with Lagos being one of Africa’s top financial hubs means there is a wide range of untapped opportunities for investors in this West African market.

‘Nigeria’s population is an estimated 186 million people. This population suggests a massive potential workforce, as well as a considerable consumer base,’ says Managing Partner Haruna Yahaya.

The guide sets out some of the principal investment opportunities, outlines different types of businesses that can be established in Nigeria and gives a brief summary of tax regulations and incentives.

MGI Worldwide members can access the complete 'Doing Business in Nigeria' guide HERE

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Established in 2002, and joining MGI Worldwide in 2018, Haruna Yahaya's areas of expertise include Extractive Industries, Accounting/Auditing and Oil & Gas Sector audit.

For further information contact Haruna Yahaya at hyahaya@harunayahaya.org or visit their MGI Worldwide profile page HERE

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MGI Worldwide is a top 20 ranked international accounting network with some 5,000 independent auditors, accountants and tax experts in over 260 locations around the world.

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