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The capital of Nigeria is Abuja, situated in the centre of the country, while Lagos is the country's major port, monetary center and largest city. Communicated in dialects are English (official), Hausa, Igbo, and Yoruba. [2] It is assessed that Nigeria has around 250 different ethno-etymological gatherings. [3]
Economic geography is sometimes approached as a branch of anthropogeography that focuses on regional systems of human economic activity. An alternative description of different approaches to the study of human economic activity can be organized around spatiotemporal analysis, analysis of production/consumption of economic items, and analysis of ...
The economy of Nigeria is a middle-income, mixed economy and emerging market [27] [28] with expanding manufacturing, financial, service, communications, technology, and entertainment sectors. [ 29 ] [ 30 ] It is ranked as the 53rd-largest economy in the world in terms of nominal GDP , the sixth largest in Africa and the 27th-largest in terms of ...
Nigeria's economy is the fourth largest in Africa, the 31st-largest in the world by nominal GDP, and 30th-largest by PPP. In 2022, its GDP (PPP) per capita was US$9,148, [156] which is less than South Africa, Egypt and Morocco, but slightly higher than Ghana and Ivory Coast. As of 2023, Nigeria's economy is classified as lower-middle-income. [157]
Nigeria is a federal constitutional republic comprising thirty-six states and one Federal Capital Territory. Nigeria borders the Republic of Benin in the west, Chad and Cameroon in the east, and Niger in the north. Its coast lies on the Gulf of Guinea, part of the Atlantic Ocean, in the south. The capital of Nigeria is Abuja.
The Economic Revolution in British West Africa (1926). Martin, Susan M. Palm oil and protest: an economic history of the Ngwa region, south-eastern Nigeria, 1800-1980 (Cambridge University Press, 2006). Robinson, Ronald, and Jack Gallagher. Africa and the Victorians (1961).
The six geopolitical zones of Nigeria. The Federal Republic of Nigeria is divided into six geopolitical zones, commonly called zones. They are a type of administrative division grouping the country's states, created during the regime of president General Sani Abacha. Nigerian economic, political, and educational resources are often shared ...
Nigeria has extensive natural resources and is the largest crude oil producer in Africa and 20 billion barrels of reserves. As such, petroleum is central to economy of Nigeria, producing 80 percent of government revenues and 95 percent of export earnings. Additionally, Nigeria has 2.6 trillion cubic meters of natural gas and a high overall gas ...