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2019 [10]; World ranking Name Citizenship Net worth Sources of wealth 100: Aliko Dangote Nigeria 10.3 Billion: Sugar, flour, cement 365: Mike Adenuga Nigeria 9.2 Billion ...
Languages of Nigeria. There are over 525 native languages spoken in Nigeria. [1][2][3] The official language and most widely spoken lingua franca is English, [4][5] which was the language of Colonial Nigeria. Nigerian Pidgin – an English-based creole – is spoken by over 60 million people. [5][6]
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The naira was introduced on 1 January 1973, [9] replacing the Nigerian pound at a rate of £1 = ₦2. [10] The coins of the new currency were the first coins issued by an independent Nigeria, as all circulating coins of the Nigerian pound were all struck by the colonial government of the Federation of Nigeria in 1959, with the name of Queen ...
The Nigeria Sovereign Investment Authority is a Nigerian establishment which manages the Nigeria sovereign wealth fund, [4] into which the surplus income produced from Nigeria's excess oil reserves is deposited. This sovereign wealth fund was founded for the purpose of managing and investing these funds on behalf of the government of Nigeria.
Budget Office of the Federation (BOF) [24] Bureau of Public Procurement (BPP) [25] Central Bank of Nigeria (CBN) [26] Corporate Affairs Commission (CAC) [27] Debt Management Office (DMO) [28] Federal Inland Revenue Service (FIRS) [29] Federal Mortgage Bank of Nigeria (FMBN) [30] Fiscal Responsibility Commission (FRC) - defunct[3]
217,313 km 2 (83,905 sq mi) Location of Nigeria. Satellite image of Nigeria. Nigeria is a country in West Africa. It shares land borders with the Republic of Benin to the west, Chad and Cameroon to the east, and Niger to the north. [1] Its coast lies on the Gulf of Guinea in the south and it borders Lake Chad to the northeast.
Politics of Nigeria. The federal government of Nigeria is composed of three distinct branches: the executive, the legislative, and the judicial, whose powers are vested and bestowed upon by the Constitution of the Federal Republic of Nigeria. [1] One of the primary functions of the constitution is that it provides for separation and balance of ...