Investment framework and opportunities in Nigeria

Procedures Relative to Foreign Investment

Obligation to Declare: Every company must be registered with the Corporate Affairs Commission (CAC) and stamp duty must be paid to the Federal Inland Revenue Service (FIRS). Every company with foreign participation must also be registered with the Nigerian Investment Promotion Commission (NIPC) and a business license and an expatriate quota must be obtained from the Ministry of Interior.
The financial statements must be prepared annually and submitted to the CAC.
To learn more about the registration process, please visit NIPC website or the World Bank report.
Competent Organisation For the Declaration: Corporate Affairs Commission (CAC)
Nigerian Investment Promotion Commission (NIPC)
Requests For Specific Authorisations: All companies must register by the CAC.

Investment Aid Agency: Nigerian Investment Promotion Commission (NIPC)
Economic Developments and Prospects in Nigeria - African Economic Outlook
Tenders, Projects and Public Procurement: African Development Bank Group, Public Oversight Body
DgMarket, Tenders Worldwide
Other Useful Resources: Small and Medium Enterprises Development Agency of Nigeria
Nigeria Export Processing Zones Authority
Nigerian Export Promotion Council

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