Nigeria seen as falling in World Bank ‘Ease of Business’ rating
Lagos and Kano, two of Nigeria’s largest economies have done very poorly in the latest ease of doing business ranking conducted annually by the World Bank, among the country’s 36 states and the Federal Capital Territory (FCT).
Four main indices – ease of opening a business, property registration, construction permit and enforcement of contract – were used by the World Bank in its ranking which saw the two states stuck in the bottom ten.
Lagos and Kano are most likely to be used as parameters to measure Nigeria’s performance in the upcoming global ease of business ranking which pitches 189 countries against one another. Continue Reading