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Nigeria PESTEL Analysis - Comprehensive Country Outlook

April 2020 | 35 pages | ID: N93E08689CC4EN
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ABSTRACTS

PESTEL (also termed as PESTLE) is an ideal tool to strategically analyze what influence different outside factors – political, economic, sociocultural, technological, environmental and legal – exert on a business in Nigeria to later chart its long-term targets.

Being part of the external analysis when carrying out a strategic assessment or performing a market study, PESTEL gives an overview of diverse macro-environmental factors that any company should thoughtfully consider. By perceiving these outside environments, businesses can maximally benefit from the opportunities while minimizing the threats to the organization.

Key Factors Examined by Nigeria PESTEL Analysis:

Political – What opportunities and pressures are brought by Nigeria political bodies and what is the degree of public regulations’ impact on the business?

Economic – What economic policies, trends and structures in Nigeria are expected to affect the organization, what is this influence’s degree?



Sociological – What cultural and societal aspects of Nigeria will work upon the demand for the business’s products and operations?

Technological – What impact do Nigeria technological aspects, innovations, incentives and barriers have on the organization?

Environmental – What environmental and ecological facets, both locally and farther afield, are likely to predetermine the business?

Legal – What Nigeria laws and legislation will exert influence on the style the business is carried out?


The above Nigeria PESTEL Analysis is a half-ready report and contents are subject to change. It means that we have all necessary data in our database to prepare the report but need one business day to complete it. During this time we are also updating the report with respect to the current moment. So, you can get all the most recent data available for the same price.
RESEARCH METHODOLOGY

DISCLAIMER

1. NIGERIA POLITICAL FACTORS

Trading policy
Administrative division
Wars, terrorism and conflicts
Elections and political trends
Inter-country relationships
Corruption
Bureaucracy

2. NIGERIA ECONOMIC FACTORS

Local economy
Inflation
International trade

3. NIGERIA SOCIAL FACTORS

Demographics

4. NIGERIA TECHNOLOGICAL FACTORS

Energy
Communications
Transportation

5. NIGERIA ENVIRONMENTAL FACTORS

Environmental issues

6. NIGERIA LEGAL FACTORS

Taxation
Money laundering regulations

LIST OF TABLES AND FIGURES

Exchange Rates
Tax Attractiveness Index per Country
Nigeria Map
Corruption Perceptions Index
Nigeria Economic Freedom Trend
Nigeria Economic Freedom Score
Nigeria: The Rule of Law
Nigeria Government Size
Nigeria Regulatory Efficiency
Open Markets
Nigeria Inflation Rate
Nigeria Population Pyramid
Nigeria Corporate Tax Rate
Nigeria Personal Income Tax Rate
Nigeria Social Security Rate
Nigeria Social Security Rate for Companies
Nigeria Sales Tax Rate


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