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doing business in Nigeria

Ease of doing business in Nigeria 2020 report

The World Bank (WB) recently released its Ease of Doing Business 2020 Report. Each year, WB releases this report that compares business regulation for local firms in 190 economies. Nigeria’s ranking jumped from 146 to 131; representing its second-highest annual progress…

Overview of Nigeria’s 2020 Budget proposal

On October 8, 2019, President Muhammadu Buhari presented the 2020 Budget and Finance Bill to the National Assembly for consideration and passage into law. The total revenue available to fund the 2020 budget is projected at ₦8.155 trillion (7% higher…

NOTAP automates registration of agreement

The National Office for Technology Acquisition and Promotion (NOTAP) has automated the process for registering technology transfer agreements. As a regulatory body established under the NOTAP Act of 2004, NOTAP monitors the transfer of foreign technology into Nigeria. Other functions…