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OBriefs Newsletter Vol1No3

HomePublicationsO-BriefsOBriefs Newsletter Vol1No3
HomePublicationsO-BriefsOBriefs Newsletter Vol1No3
The latest ranking of Nigeria by the World Bank on “Ease of Doing Business” is 169 out of 189 countries. This shows that Nigeria, Africa’s largest economy, is still struggling to make life easier for investors.
The World Bank ranks countries on such indicators as ease of receiving credit, electricity, construction permits, enforcing contracts, starting a business and six other indicators that combine to create efficient markets and a business-friendly environment. Although Nigeria improved in the ranking from 170 in 2014 to 169 in the 2015 report, the historical data for “Ease of Doing Business” in Nigeria shows that the slow pace of reforms over the years is cause to worry.
 
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