Thursday, October 30, 2014

Nigeria up in global doing business ranking

Africa’s largest economy, Nigeria, made further improvement in the World Bank ease of doing business global ranking which has seen the country move up five places in the last one year.
The World Bank analysis showed it is getting better to do business in emerging markets, as Nigeria jumped to 170 out of a total of 189 counties measured in the ease of doing business survey.

The report finds that Nigeria now ranks among the top five economies in Sub-Saharan Africa in two areas: the ease of getting credit and the strength of minority investor protection. Also some improvement was recorded in the process of starting up a business.

“The latest World Bank doing business global ranking which indicated Nigeria’s appreciable progress with regard to the ease and speed of doing business is encouraging and laudable. The report showed that Nigeria recorded remarkable...Read More

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