List Of Companies Of Nigeria
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List Of Companies Of Nigeria
Nigeria is a federal republic in West Africa, bordering Benin in the west, Chad and Cameroon in the east, and Niger in the north. As of 2015 Nigeria has the world's 20th largest economy, worth more than $500 billion and $1 trillion in terms of nominal GDP and purchasing power parity respectively. It overtook South Africa to become Africa's largest economy in 2014. The 2013 debt-to-GDP ratio was 11 percent. Nigeria is considered to be an emerging market by the World Bank; it has been identified as a regional power on the African continent, a middle power in international affairs,Cooper, Andrew F., Agata Antkiewicz and Timothy M. Shaw, "Lessons from/for BRICSAM about South-North Relations at the Start of the 21st Century: Economic Size Trumps All Else?", ''International Studies Review'', Vol. 9, No. 4 (Winter 2007), pp. 675, 687.Myftyler, Meltem, and Myberra Yyksel, "Turkey: A Middle Power in the New Order", in ''Niche Diplomacy: Middle Powers After the Cold War'', edite ...
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Nigeria (orthographic Projection)
Nigeria ( ), , ig, Naìjíríyà, yo, Nàìjíríà, pcm, Naijá , ff, Naajeeriya, kcg, Naijeriya officially the Federal Republic of Nigeria, is a country in West Africa. It is situated between the Sahel to the north and the Gulf of Guinea to the south in the Atlantic Ocean. It covers an area of , and with a population of over 225 million, it is the most populous country in Africa, and the world's sixth-most populous country. Nigeria borders Niger in the north, Chad in the northeast, Cameroon in the east, and Benin in the west. Nigeria is a federal republic comprising 36 states and the Federal Capital Territory, where the capital, Abuja, is located. The largest city in Nigeria is Lagos, one of the largest metropolitan areas in the world and the second-largest in Africa. Nigeria has been home to several indigenous pre-colonial states and kingdoms since the second millennium BC, with the Nok civilization in the 15th century BC, marking the first internal un ...
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MINT (economics)
MINT is an acronym referring to the economies of Mexico, Indonesia, Nigeria, and Turkey. The term was originally coined in 2014 by Fidelity Investments, a Boston-based asset management firm, and was popularized by Jim O'Neill of Goldman Sachs, who had created the term BRIC. The term is primarily used in the economic and financial spheres as well as in academia. Its usage has grown specially in the investment sector, where it is used to refer to the bonds issued by these governments. These four countries are also part of the "Next Eleven". Thesis In a column for Bloomberg View a few years after Fidelity coined the term, O'Neill discussed the "MINT" economies: I spent last week in Indonesia, working on a series for BBC Radio about four of the world's most populous non-BRIC emerging economies. The BRIC countriesBrazil, Russia, India and Chinaare already closely watched. The group I'm studying for this projectlet's call them the MINT economiesdeserve no less attention. Mexico, Ind ...
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Arik Air
Arik Air is a Nigerian airline operating mainly from two hubs at Murtala Muhammed International Airport in Lagos and Nnamdi Azikiwe International Airport in Abuja. Arik Air's head office is the ''Arik Air Aviation Center'' on the grounds of Murtala Muhammed International Airport in Ikeja. Arik Air serves a network of regional and mid-haul destinations within Africa. History Early years The company was created in 2004 by Joseph Arumemi-Ikhide from the ashes of Nigeria Airways, which was liquidated in 2002. In August 2006, the Federal Ministry of Aviation granted Arik Air authorisation to fly to Trinidad and Tobago and Amsterdam, London and Madrid in Europe. Furthermore, the airline then planned to fly to Atlanta, Miami, and Houston in the United States and Birmingham in the United Kingdom. On 4 April 2008, Arik Air was given permission to fly to the United States by the US Department of Transportation. Arik Air started international operations to London-Heathrow on 15 Decem ...
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Ikeja
Ikeja is the capital city of Lagos State in southwestern Nigeria. Its population, as of the 2006 census, is 313,196. Prior to the emergence of military rule in the early 1980s, Ikeja was a well planned, clean and quiet residential and commercial town with shopping malls, pharmacies and government reservation areas. It lies 10.5 miles (17 km) northwest of Lagos city. The Murtala Muhammed International Airport is located in the city. Ikeja is also home to Femi Kuti's Africa Shrine and Lagbaja's Motherland, both venues for live music. Its Ikeja City Mall is the largest mall on the Lagos State mainland. Ikeja also has its own radio station, broadcasting both in English (Eko FM) and in Yoruba (Radio Lagos). History Ikeja, which was formally called "Akeja", was named after a deity of the Awori people of Ota. It was originally settled by the Awori people, and the area was raided for slaves until the mid-19th century. Early in the 20th century it became an agricultural hinterland for L ...
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Aero Contractors (Nigeria)
Aero Contractors Company of Nigeria Limited, known as Aero Contractors or simply Aero, is a state-controlled Nigerian airline company based at Murtala Muhammed International Airport in Ikeja, Lagos State, Nigeria. Furthermore, it operates helicopter services and fixed wing domestic and international scheduled passenger services, air charter and third party aircraft operations, largely in support of Nigeria's extensive oil and gas industry. History Aero Contractors was formed in 1959 and officially registered in Nigeria in 1960. At that time, it was a wholly owned by Schreiner Airways, Schreiner Airways B.V. of the Netherlands. It became a company with initially 40% Nigerian holding in 1973 and subsequently 60% in 1976, anticipating the requirements of the Nigerian Enterprises Promotion Decree of 1977, also known as the indigenization decree. In January 2004, Schreiner Airways was bought by CHC Helicopter (CHC), which acquired a 40% holding in Aero, while the 60% majority sh ...
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Lagos
Lagos (Nigerian English: ; ) is the largest city in Nigeria and the List of cities in Africa by population, second most populous city in Africa, with a population of 15.4 million as of 2015 within the city proper. Lagos was the national capital of Nigeria until December 1991 following the Government of Nigeria, government's decision to move their capital to Abuja in the center of the country. The Lagos metropolitan area has a total Population and housing censuses by country, population of roughly 23.5 million as of 2018, making it List of urban areas in Africa by population, the largest metropolitan area in Africa. Lagos is a major African financial center and is the economic hub of Lagos State and Nigeria at large. The city has been described as the cultural, financial, and entertainment capital of Africa, and is a significant influence on commerce, entertainment, technology, education, politics, tourism, art, and fashion. Lagos is also among the top ten of the world's fast ...
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Access Bank Plc
Access Bank plc, commonly known as Access Bank, is a Nigerian Multinational corporation, multinational commercial bank, owned by Access Bank Group. It is licensed by the Central Bank of Nigeria, the national banking regulator. Originally a corporate bank, they expanded into personal and business banking in 2012. Access Bank and Diamond Bank merged on April 1, 2019. In conclusion of its merger with Diamond Bank, Access Bank unveiled its new logo, signalling the commencement of a new enlarged banking entity. The bank employs more than 28,000 people in 2021. After the merger, with more than 42 million of customers, Access Bank plc became the largest bank in Africa by customer base, and the largest bank in Nigeria by asset. Access Bank Group in addition to Nigeria, Access Bank plc has subsidiaries in Mozambique, Zambia, Congo, Sierra Leone, Rwanda, Gambia, Ghana, Kenya, South Africa, and in the United Kingdom. Access Bank Group also maintains representative offices in China, In ...
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Industry Classification Benchmark
The Industry Classification Benchmark (ICB) is an industry classification taxonomy launched by Dow Jones and FTSE in 2005 and now used by FTSE International and STOXX. It is used to segregate markets into sectors within the macroeconomy. The ICB uses a system of 11 industries, partitioned into 20 supersectors, which are further divided into 45 sectors, which then contain 173 subsectors. The ICB is used globally (though not universally) to divide the market into increasingly specific categories, allowing investors to compare industry trends between well-defined subsectors. The ICB replaced the legacy FTSE and Dow Jones classification systems on 3 January 2006, and is used today by the NASDAQ, NYSE and several other markets around the globe. All ICB sectors are represented on the New York Stock Exchange except Equity Investment Instruments (8980) and Nonequity Investment Instruments (8990). Dow Jones divested itself of its 50% interest in the ICB in 2011 and announced it was cre ...
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Company
A company, abbreviated as co., is a Legal personality, legal entity representing an association of people, whether Natural person, natural, Legal person, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * List of legal entity types by country, business entities, whose aim is generating profit * financial entities and banks * programs or Educational institution, educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared Incorporation (business), incorporation, or published policy. When a company closes, it may need to be Liquidation, liquidated to avoid further legal obligations. Companies may associate and collectively register themselves ...
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Types Of Business Entity
A business entity is an entity that is formed and administered as per corporate law in order to engage in business activities, charitable work, or other activities allowable. Most often, business entities are formed to sell a product or a service. There are many types of business entities defined in the legal systems of various countries. These include corporations, cooperatives, partnerships, sole traders, limited liability companies and other specifically permitted and labelled types of entities. The specific rules vary by country and by state or province. Some of these types are listed below, by country. For guidance, approximate equivalents in the company law of English-speaking countries are given in most cases, for example: *private company limited by shares or Ltd. (UK, Ireland and the Commonwealth) *public limited company (UK, Ireland and the Commonwealth) *limited partnership *general partnership *chartered company *statutory corporation *state-owned enterprise *holding ...
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OPEC
The Organization of the Petroleum Exporting Countries (OPEC, ) is a cartel of countries. Founded on 14 September 1960 in Baghdad by the first five members (Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela), it has, since 1965, been headquartered in Vienna, Austria, although Austria is not an OPEC member state. , the 13 member countries accounted for an estimated 44 percent of global oil production and 81.5 % of the world's proven oil reserves, giving OPEC a major influence on global oil prices that were previously determined by the so-called " Seven Sisters" grouping of multinational oil companies. The formation of OPEC marked a turning point toward national sovereignty over natural resources, and OPEC decisions have come to play a prominent role in the global oil market and international relations. The effect can be particularly strong when wars or civil disorders lead to extended interruptions in supply. In the 1970s, restrictions in oil production led to a dramatic r ...
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Commonwealth Of Nations
The Commonwealth of Nations, simply referred to as the Commonwealth, is a political association of 56 member states, the vast majority of which are former territories of the British Empire. The chief institutions of the organisation are the Commonwealth Secretariat, which focuses on intergovernmental aspects, and the Commonwealth Foundation, which focuses on non-governmental relations amongst member states. Numerous organisations are associated with and operate within the Commonwealth. The Commonwealth dates back to the first half of the 20th century with the decolonisation of the British Empire through increased self-governance of its territories. It was originally created as the British Commonwealth of Nations through the Balfour Declaration at the 1926 Imperial Conference, and formalised by the United Kingdom through the Statute of Westminster in 1931. The current Commonwealth of Nations was formally constituted by the London Declaration in 1949, which modernised the comm ...
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