Nigeria

MERI Assessment

Nigeria scores 28.1, placing it in Tier 5 and 10.1 points below the Sub-Saharan Africa median. The country faces severe constraints across market infrastructure and regulatory-institutional dimensions, compounded by active armed conflict (3933 battle-deaths over 618 events), OFAC sanctions affecting 22 entities, and EU consolidated sanctions. Talent availability anchored by workforce accessibility at 92.7 provides relative strength, though security and corruption risks significantly limit market entry viability.

Two indicators are imputed using peer benchmarks (Trade Openness, Human Capital Quality) and three are missing from the regulatory-institutional pillar (Foreign Ownership Restrictions, Business Entry, Contract Enforcement), limiting confidence in regulatory-environment assessment.