Nigeria - Professional Employer Organization (PEO)

Capital

Abuja is the Nigerian capital city. Home to the political and cultural headquarters, it is located in the centre of the country. It is one of these capital cities with rich architecture and excellent road infrastructures. Abuja is also known to be a modern and commercial city with malls, markets and good housing facilities.

Currency

Nigerian Naira

Languages

English is the official language of Nigeria. Used for commercial transactions, education and business; it is used for official purposes. However, English is the not the only spoken language, there are also indigenous languages which form part of the Nigerian culture: Yoruba and Igbo are two of them.

Economy

Nigeria is among the top oil producers in Africa, bringing around 95% of the country’s foreign economy. It is an emerging market rich in natural reserves and resources, it is a well-developed whose finance and the communications sectors are bringing progress to the country. Recently, the oil industry suffered from a militant attack which led Nigeria to some complications. Nigeria produced only 1.51 million barrels per day in July, decreasing from 1.55 in June, according to the Organization of the Petroleum Exporting Countries.