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Nigeria PESTLE Insights - A Macroeconomic Outlook Report

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    Country Profile

  • 44 Pages
  • December 2021
  • Region: Nigeria
  • GlobalData
  • ID: 4601514
1h Free Analyst Time
1h Free Analyst Time

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FEATURED COMPANIES

  • Arik
  • GT Bank
  • Oando
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The agriculture sector contributed 24.4% to the gross value added (GVA) in 2020, followed by the mining, manufacturing and utilities sector (20.9%), and the wholesale, retail and hotels sector (14.7%). In nominal terms, the three sectors are expected to grow by 12.2%, 20.1% and 12.7%, respectively, in 2021.

Lagos generated around 7.5% of Nigeria’s GDP and comprised 6.3% of the country’s population, as of 2020

Nigeria’s NGSEINDX Index has exhibited an increasing trend. As of November 12, 2021, the NGSEINDX Index stood at 43,548.4, compared to 35,342.5 on November 12, 2020.

Scope


  • In February 2021, the Nigerian president announced the establishment of the Infrastructure Corporation of Nigeria (InfraCo) in order to raise $36.7 billion for projects

Reasons to Buy


  • Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
  • PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
  • Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
  • This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.

FEATURED COMPANIES

  • Arik
  • GT Bank
  • Oando
  • List of Exhibits
  • Did You Know?
  • Country Highlights
  • Recovery from the COVID-19 Crisis
  • Country Snapshot
  • Political Landscape
  • Economic Landscape
  • Social Landscape
  • Technological Landscape
  • Legal Landscape
  • Environmental Landscape
  • Outlook

List of Figures
  • Exhibit 1: Nigeria’s performance in terms of its country risk analysis in comparison to the Middle East and Africa and the world
  • Exhibit 2: Performance overview (Score: 1-100)
  • Exhibit 3: Broad categories and weights behind the index
  • Exhibit 4: NGSEINDX index (November 2020 - November 2021)
  • Exhibit 5: Key sectors’ contribution to the economy (2016-23f)
  • Exhibit 6: FDI inflows and outflows, greenfield projects position (2016-20)
  • Exhibit 7: Key infrastructure indicators
  • Exhibit 8: Real GDP and household consumption growth rate (2016-23f)
  • Exhibit 9: Real GDP growth rate comparison (2020)
  • Exhibit 10: Exports and imports growth (2016-23f)
  • Exhibit 11: Current account balance (2016-23f)
  • Exhibit 12: Top three commodity exports, % of total exports (2017-20)
  • Exhibit 13: Pharmaceutical products, % of world total (2020)
  • Exhibit 14: Interest rates (October 2016 - October 2021f)
  • Exhibit 15: Exchange rate and inflation (2016-23f)
  • Exhibit 16: General government net lending/borrowing (2016-23f)
  • Exhibit 17: General government debt (2016-23f)
  • Exhibit 18: Employed population and unemployment rate (2016-23f)
  • Exhibit 19: Average annual wages (2016-23f)
  • Exhibit 20: Employment by sector (2016-23f)
  • Exhibit 21: Rural/urban share of total population (1995, 2005, 2015, 2025f)
  • Exhibit 22: Age-group share of total population (2005,2015,2025)
  • Exhibit 23: Gender split (1995, 2005, 2015, 2025f)
  • Exhibit 24: Internet users as a percentage of the total population, mobile penetration rate and broadband penetration rate (2020)
  • Exhibit 25: Number of patents granted per million population (2020)
  • Exhibit 26: High-technology exports as a percentage of manufactured exports (2019 or latest year available)
  • Exhibit 27: Doing business in Nigeria (2020)
  • Exhibit 28: Corruption perceptions index (rankings) (2020)
  • Exhibit 29: CO2 emissions (2015-19)

A selection of companies mentioned in this report includes:

  • Arik
  • Oando
  • GT Bank