NIGERIA
Federal Republic of Nigeria
A Thriving Economy
VACATIONS
COFFEE
In 2012, coffee value and volume sales continued to grow at a steady pace, due largely to demand amongst working Nigerians trying to remain alert in stressful working environments.
Coffee is served in most offices during breaks, at conferences and other formal business gatherings. It is also popular among students during exam periods.
MONEY
Nigeria’s economic freedom score is 55.1, making its economy the 120th freest in the 2013 Index. Its score is 1.2 points lower than last year due to a substantial decline in labor freedom that outweighs gains in the control of government spending and monetary freedom.
OIL
Nigeria is the United States' largest trading partner in sub-Saharan Africa and supplies a fifth of its oil (11% of oil imports). It has the seventh-largest trade surplus with the U.S. of any country worldwide. Nigeria is the 50th-largest export market for U.S. goods and the 14th-largest exporter of goods to the U.S. The United States is the country's largest foreign investor.
