Nigeria is formally referred to as the Federal Republic of Nigeria and is made up of 36 states. Nigeria forms part of West Africa and has Benin, Chad, Cameroon, and Niger as neighbours. With more than 500 ethnic groups, Nigeria truly is built with strength and diversity. The name Nigeria was taken from the Niger River running through the country.
Nigeria exports various kinds of crude oil namely, Bonny light oil, Forcados crude oil, Qua Ibo crude oil and Brass River crude oil. The United Kingdom is Nigeria’s largest trading partner followed by the United States. Nigeria owns numerous positive elements and will develop as both a regional and international market player. A highly profitable niche market is that of the energy sector.
President: Goodluck Jonathan
Official language: English Language
Population: 162.5 million (2011) World Bank
Currency: 162.5 million (2011) World Bank