e-Course: Doing Business in Nigeria

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Syllabus of the Online Course (Subject): Foreign Trade and Business in Nigeria. The Nigerian Economy.

  1. Introduction to the Federal Republic of Nigeria (West Africa)
  2. Nigerian Economy
  3. The main sectors of the Nigerian Economy:
    1. Petrol and gas
    2. Minerals
    3. Nigerian Agriculture
    4. Information and telecommunications
    5. Tourism
    6. Manufacturing
    7. Infrastructures
  4. International Trade of Nigeria
    1. Import/Export formalities
    2. Export processing (Free trade zones)
  5. Nigerian Ports. Port of Lagos
  6. Doing Business and invest in Lagos and Abuja
  7. Foreign Direct Investment (FDI) in Nigeria
  8. Case Study
    1. Transnational corporation
    2. Nigerian breweries
    3. Churchgate Group
    4. Starcomms
    5. Online Nigerian retail sites
  9. Access to the Nigerian Market
  10. Business Plan for Nigeria

Nigerian Businessman:

  1. Alhaji Aliko Dangote
  2. Jim Ovia
  3. Folorunsho Alakija
  4. Alhaji Muhammadu Indimi
  5. Hajia Bola Shagaya
  6. Tara Fela-Durotoye
  7. Adenike Ogunlesi
  8. Folake Folarin-Coker
  9. Amina Odidi
  10. Mike Adenuga
  11. Tony Elumelu
  12. Olufemi Otedola
  13. Orji Uzor Kalu
  14. Theophilus Yakubu Danjuma
  15. Adewale Tinubu
  16. Tunde Folawiyo
  17. Abdulsamad Rabiu

Nigerian personalities:

  1. Wole Soyinka
  2. J. F. Ade Ajayi
  3. Akin Mabogunje

The objectives of the Online Course / Subject “Foreign Trade and Business in the Federal Republic of Nigeria” are the following:

  1. To analyse the Nigerian economy and foreign trade
  2. To evaluate business opportunities in Nigeria
  3. To explore Nigerian trade relations with the student's country
  4. To know Nigerian Free Trade Agreements
  5. To examine the profile of the Nigerian Businessman
  6. To develop a business plan for the Nigerian Market
The eLearning Course (Subject) “Doing Business in Nigeria” is part of the following Online Higher Education Programs taught by EENI Business School & HA University:
  1. Doctorates: Africa, Islamic Countries, Foreign Trade
  2. Masters: International Business, Foreign Trade, Sub-Saharan Africa, BRICS-Nigeria, Frontier Markets, Muslim Countries
  3. Course: Business in West Africa
  4. Bachelor of Science: Inter-African Business, International Trade

Students, Online Master in International Business

Higher Education programs adapted for Nigerian Students

Course learning materials in Master in International Business in English or Study, Master in International Business in French Nigeria Masters Foreign Trade in Portuguese Nigeria Study Master Doctorate Business in Spanish Nigeria

  1. Credits of the Online Course / Subject “Foreign Trade and Business in Nigeria”: 3 ECTS Credits
  2. Duration: three weeks

Area of Knowledge: Africa

Example of the Online Course - Doing Business in Nigeria:
Alhaji Aliko Dangote Nigerian Businessman, Course





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Description of the Online Course: Doing Business in Nigeria.

In 2050, 20% of the African children under eighteen will live in Nigeria. Nigerian population in 2100: 1,000 million people.

Folorunsho Alakija Nigerian Businesswoman (Course)

The Federal Republic of Nigeria is the most populous African Country (eleventh in the World), with a population of 176 million Nigerians (annual growth: 2.3%).

  1. The total Nigerian population is: 190 million inhabitants
  2. 40% of the population are Hausa, Ibo, and Yoruba, the three major ethnic groups in Nigeria
  3. Borders of the Federal Republic of Nigeria: Benin, Chad, Cameroon, and Niger
  4. Languages: English (official), Hausa, Yoruba, Igbo (Ibo), and Fulani
  5. The capital of Nigeria is Abuja
  6. The largest Nigerian city is Lagos
  7. The largest Nigerian cities: Abuja, Lagos, Kano, Ibadan, Kaduna, Benin City, Maiduguri, Ogbomosho, Zaria, Ilorin and Port Harcourt
  8. The total Nigerian area: 923,768 square kilometers
  9. Independence of Nigeria: October 1960 from the United Kingdom
  10. The currency of Nigeria is the Naira
  11. English is the Nigerian official language
  12. The main Nigerian languages are Hausa, Yoruba and Igbo

e-Course: Port of Lagos Nigeria

More information: Nigeria (African Portal - EENI Business School & HA University).

  1. Abuja
  2. Lagos
  3. Kano
  4. Ibadan
  5. Kaduna
  6. Maiduguri
  7. Port Harcourt

Africa: Foreign Trade and Business (Master)

Religions in Nigeria:

  1. Islam (50% of Nigerian population, 64 million)
  2. Christianity:
    1. Catholicism (3 million)
    2. Protestants (34 million, 26% of Nigerian population)
      1. Methodists: 3 million
      2. Baptists: 2.5 million
  3. African Traditional Religions

Approximately between 64 and 88 million of the Nigerians are Sunni Muslims, representing roughly the half of the population. The most followed school of law is the Maliki, about 12% of Muslims are Shiites. The rest of the population is Christian and/or followers of African Traditional Religions. As a general rule; we could say that the northern Nigeria tends to be Muslim, while the south is Christian.

In Nigeria, the Sharia has been established as the main body of civil and criminal law in nine Nigerian states with a Muslim-majority.

Nigeria belongs to the West African Economic Area (African Civilisation).

Nigerian Economy

Nigeria: The largest African Economy. The first frontier market in the World

  1. Nigeria the largest African economy (GDP: 522 billion dollars), followed by South Africa
  2. Nigeria is the first frontier market in the World
  3. Nigeria is the dominant economy in West Africa, with more than 76.5 percent of the population and 85.6 percent of the GDP of the region
  4. The Federal Republic of Nigeria is a petroleum-based economy, a sector that contributes about 20 percent of GDP, to 80 percent of the total revenues and 90 percent of foreign exchange earnings
  5. Petroleum revenues constitute about 60% of GDP and 90% of the Nigerian exports
  6. The Federal Republic of Nigeria is rich in natural resources (huge deposit of petrol and gas, bitumen), has had the unpleasant experience of political unsteadiness, corruption, and poor macroeconomics management
  7. Basic socio-economic infrastructure is also unsuitable
  8. Nigeria is a leading petroleum manufacturer and exporter
  9. Nigeria is the thirteenth largest petroleum producer in the World and the eighth largest petroleum exporter
  10. Nigeria has one of the largest proven natural gas and petroleum reserves in the World
  11. Nigerian Government is implementing a strategic shift of the economy from the excessive dependence on the capital-intensive petrol sector (20% of the gross domestic product, 95% of the foreign exchange earnings and 65% of the Nigerian budget)
  12. Nigeria has a vast international market
  13. Nigeria is the most populous nation in Africa. Nigeria is the tenth largest country in the world by population
  14. Significant changes are taken to reform foreign direct investment environment and facilitation to do business in the Federal Republic of Nigeria
  15. Nigeria has strong informal trade with Benin through the Port of Cotonou
  16. Nigeria is vital for the European Union (EU). The Nigerian exports to the European Union are mainly the agricultural products and petroleum
  17. However, do business in Nigeria is complex, and it is necessary to know how to negotiate in this country. Furthermore, the famous fraud “419,” now called Advance Fee Fraud has made the image of Nigeria abroad very negative

The Federal Republic of Nigeria has preferential market access to several Sub-Saharan Africa regional trade blocs.

  1. Economic Community of West African States (ECOWAS)
  2. West African Monetary Zone (WAMZ)
  3. Community of Sahel-Saharan States (CEN-SAD)
  4. Nigeria is a beneficiary of the Africa Growth and Opportunity Act (AGOA US)
  5. Africa-European Union Strategic Partnership (European Union)
  6. Free Trade Agreement (FTA) with India

Trans-African Roads:

  1. Algiers-Lagos Corridor
  2. Lagos-Mombasa Corridor
  3. Trans-Sahelian Highway
  4. N’Djamena-Djibouti Corridor
  5. Dakar-Lagos Corridor

Nigeria is a member of:

  1. Niger Basin Authority
  2. African Development Bank
  3. African Union (AU)
  4. Organisation of Islamic Cooperation (OIC)
  5. Islamic Development Bank
  6. Economic Commission for Africa (ECA)
  7. New Partnership for Africa's Development (NEPAD)
  8. Commonwealth
  9. United Nations (UN), World Trade Organisation (WTO), International Monetary Fund (IMF), World Bank (WB)

Samples - Business in Nigeria

Nigeria Import-export

Nigerian Economy and Foreign Trade (Online Course)

Mike Adenuga Nigerian Businessman (Course)

Hajia Bola Shagaya Nigerian Businesswoman (Course)

Tunde Folawiyo Nigerian Businessman (Course)

Adewale Tinubu Nigerian Businessman (Course)

Tara Fela-Durotoye Nigerian Businesswoman (Course)

Adenike Ogunlesi (Master, Nigeria)

Nigeria Online Ecommerce

Orji Uzor Kalu Nigerian Businessman (Course)

Tony Elumelu Nigerian Businessman (Course)

Adenike Ogunlesi (Nigerian Businesswoman)

West African Monetary Zone (WAMZ, Course)

Folake Folarin-Coker Nigerian Businesswoman (Course)

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