Close Lucintel Chat
Didn't Find What You're Looking for?
Call us at +1972 636 5056 or write at helpdesk@Lucintel.com
Ask an Expert Provide Custom Requirements Download Sample Report Search Available Reports
  • helpdesk@Lucintel.com
  • |
  • Call Lucintel +1 972 636 5056
  • |
  • Login
  • |
  • Register
  • |
  • Search
  • |
'
...

Request the impact of COVID-19 in this market at no additional cost. Buy it today to get an advantage.

Request Now


The Nigerian economy is likely to be driven by growth in the telecommunications, building and construction, and hotel & restaurants industries during the forecast period. Recovery of the global economy, particularly European countries would positively impact the Nigerian economy. Oil and gas is one of the major sectors of the

country, contributing significantly to total export. Increase in international oil prices would boost the oil and gas sector as well as the economy. The Nigerian economy is likely to grow to $384 billion at the current price by 2018 at a CAGR of 6.8% during 2013-2018.
 
Lucintel, a leading global management consulting and market research firm, has conducted a detailed analysis on this economy and presents its findings in “PESTLE Analysis of Nigeria 2013”. The study indicates the social challenges that Nigeria is facing in terms of high unemployment rate, high corruption rate, and high homicide rate (crime rate). The country does not witness much economic risk due to its moderate GDP growth rate, low government debt, and fiscal surplus. The report also highlights the major drivers of the economy. 
 
The telecommunication industry is one of the emerging industries that grew at a CAGR of 34% over the period of 2007-2012, and the contribution surged from 0.02% to 0.8% to GDP over the same period. Construction is another emerging industry with high potential in Nigeria. Expanding population and government policy targeted at boosting the infrastructure are driving the growth of this industry. Expanding urbanization and government plans to fill up the infrastructure gap with public private partnership are providing immense opportunities in this sector for domestic as well as foreign investors. 
 
Lucintel highlights the key challenges that stifle the growth of the Nigerian economy. The country faces social challenges including high corruption rate, inequality of income distribution, and high crime rate. Major social concerns for the country include increasing unemployment rate which will affect the income levels and purchasing power.
 
This report includes an in-depth analysis of Nigeria including macroeconomy, political scenario, economic and business risks, and social and technological analysis. This report provides knowledge on Nigeria’s leading industries and emerging industries.
 
This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today’s stringent economy, you need every advantage that you can find.
 
To make business, investment, and strategic decisions, you need timely, useful information. This market report fulfills this core need and is an indispensable reference guide for multinational materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in this market. 
 
Some of the features of this report:
  • Trend and forecast for key macroeconomic variables that are useful to make major investment decision
  • Analysis on economic activity, investment environment, and trade structure of the country
  • Major industries in  Nigeria and its contribution to GPD
  • Trends in savings, investments, and consumptions 
  • Analysis of Political, Economic, Social, Technological, Legal, and Environmental scenarios as well as their impact on different industries
  • Analyses on geographical importance and social structure such as labor quality
  • Strength, Weakness, Opportunity, and Threat (SWOT) analysis of   Nigeria
  • More than 26 figures/charts and 14 tables are provided in this roughly 65-page report
 
Benefits of a Lucintel Report:
Lucintel’s core competency is in market research and management consulting. In the last 14 years, Lucintel has worked on hundreds of market and economic research studies. Lucintel’s market reports offer the following benefits:
  • Enhance your global growth strategy with key economic and potential industry analysis
  • Fine-tune your business expansion planning and market development with analysis of domestic demand analysis and demographics structure analysis
  • Explore business opportunities with the analysis of leading industry, potential sector analysis and by understanding strength,  weakness, opportunity, and threat  of the country
  • Know the business environment of the country using report’s PESTLE analysis and their impact on industry. Also included is Foreign Direct Investment and Trade structure analysis.
Table of Contents
 
 
1. Executive Summary
 
2. Nigeria Political Analysis
2.1: Structure and stability of government
2.2: Government changes and policy stability
2.2.1: Policy Agenda: Reforms and Future Plans
 
3. Nigeria Economic Analysis
3.1: Sectoral contribution to GDP and GDP growth rate
3.2: Scenario analysis future economic growth scenario of Nigeria
3.3: Pricing trends: recent developments
3.4: Major economic growth drivers: consumption, saving, and investment
3.5; International trade and its contribution to GDP
3.6: Foreign direct investment (FDI)-pattern of investment
 
4. Nigeria Economic and Business Risk Analysis
4.1: Risk in financial sector
4.1.1: Risk in current account balance
4.1.2; Risk in balance of payment (BOP)
4.1.3: External debt and default risk
4.1.4: Risk in foreign exchange reserves and exchange rate
4.2: Credibility in debt market
4.3: Economic risk factors and their impact on business
 
5. Nigeria Social Analysis
5.1: Social and demographic analysis
5.2: Labor market quality and availability
5.3: Social development index
 
6. Nigeria R&D and Technological Factors
6.1: R&D expenditure technological changes
6.2: Impact of technology in industry
6.3: Technology policy
 
7. Nigeria Legal Analysis
7.1: Corporate law
7.2: Tax law
7.3: Economic policies recent developments
7.4: Doing business in Nigeria 2013 process to establish business
 
8. Nigeria Environmental Analysis
8.1: Government's action against environmental issues
8.2: Environmental policy
 
9. SWOT: Search of Potential Opportunity in Nigeria
 
 
 
 
 
List of Figures
 
Chapter 3. Nigeria Economic Analysis
Figure 3.1: Regional economic scenario
Figure 3.2: Trend of real GDP growth rate
Figure 3.3: Quarterly trend of index of industrial production and GDP Growth Rate
Figure 3.4: Annual trend of index of industrial production and GDP Growth Rate
Figure 3.5: Trend of per capita income
Figure 3.6: GDP sectoral contribution
Figure 3.7: Share of different sectors to GDP
Figure 3.8: Trend of leading industries in Nigeria
Figure 3.9: Scenario analysis of GDP Forecast
Figure 3.10: Trend of inflation and interest rate
Figure 3.11: Trend of savings and investments as percentage of GDP
Figure 3.12: Trend of consumption expenditure as percentage of GDP
Figure 3.13: Trend of international trade structure
Figure 3.14: Trend of exports and imports as percentage of GDP
Figure 3.15: FDI inflows by industry
 
Chapter 4. Nigeria Economic and Business Risk Analysis
Figure 4.1: Trend of current account balance and as percentage of GDP
Figure 4.2: Terms of trade for Nigeria
Figure 4.3: Trend of balance of payment
Figure 4.4: Trend of gross government debt as percentage of GDP
Figure 4.5: Trend of gross government debt 
Figure 4.6: Trend of foreign exchange reserves and exchange rate
 
Chapter 5. Nigeria Social Analysis
Figure 5.1: Political map of Nigeria
Figure 5.2: Trend of population and population growth rate in Nigeria
Figure 5.3: Population age structure
Figure 5.4: Trend of unemployment rate in Nigeria
 
Chapter 6. Nigeria R&D and Technological Factor
Figure 6.1: Trend of R&D expenditure in Nigeria
 
 
List of Tables
Chapter 1. Executive Summary
Table 1.1: Factors affecting business in Nigeria
             Table 2.1: Political Factors and their Impact on Business
 
Chapter 3. Nigeria Economic Analysis 
Table 3.1: FDI limits by industry
Table 3.2: Economic factors and their impact on business
 
Chapter 4. Nigeria Economic and Business Risk Analysis
Table 4.1: Credit rating of countries by Moody's, Fitch, and S&P
Table 4.2: Economic risk factors and their impact on business
 
Chapter 5. Nigeria Social Analysis
Table 5.1: Corruption, GINI, Homicide and Human Development Index
Table 5.2: Social factors and their impact on business
 
Chapter 6. Nigeria R&D and Technological Factor
Table 6.1: Technological factors and their impact on business
 
Chapter 7. Nigeria Legal Analysis
Table 7.2: Income tax slab of Nigeria
Table 7.2: Indicators for starting business
Table 7.3: Ranking in 2013 for ease of doing business
Table 7.4: Legal factors and their impact on business
 
Chapter 8. Nigeria Environmental Analysis 
Table 8.1: Environmental factors and their impact on business
.

Buy full report or by chapter as follows

Price by License Type:
[-] Hide Chapter Details
[Chapter Number] [Chapter Name] [Chapter Number Of Pages] [Chapter Price]
Title/Chapter Name Pages Price
Full Report: PESTLE Analysis of Nigeria 2013 Full Report $ 750
More than 26 figures/charts and 14 tables are provided in this roughly 65-page report
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

Please sign in below to get report brochure - PESTLE Analysis of Nigeria 2013.

At Lucintel, we respect your privacy and maintain the confidentiality of information / data provided by you
(Please enter your corporate email. * These fields are mandatory )

Follow us on