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NIGERIA

Ecobank Nigeria

Plot 21 Ahmadu Bello Way, Victoria Island
Phone:(234) 1-2706985-7
Fax:(234) 1 - 2706986
Email:ecobankng@ecobank.com

Geographical data:

Area : 923.768 km2
Population : 135,031,164(CIA July 2007 est.)
Capital : Abuja
Principal cities : Lagos, Ibadan, Kano, Port Harcourt
Official language : English
Currency : Naira
Independence Day: October 1

DEMOGRAPHICAL DATA:

Demographic growth : 2.379% (CIA 2007 est.)
Life expectancy: 47.44 years(CIA 2007 est.)
Literacy rate : 65.4% (UNDP, 2003)
Religion(s) : Islam (45%), Christianity (40%), Animisim (10%)
Human development Index (2002) : 159 out of 177 countries (UNDP 2006)

ECONOMIC DATA:

GDP : 83.36 billion dollars (CIA 2006 est.)
GDP per capita : 1,500 dollars (CIA 2006 est.)
Growth rate : 5.3% (CIA 2006 est.)
Rate of unemployment : 5.8% (CIA 2006 est.)
Rate of inflation : 10.5% (CIA 2006 est.)
Net budgetary position : -2.7% of the GDP in 2003 (the World Bank, 2004)
Balance of payment: 9 million dollars in 2003 (The E.I.U., 2004)
Export partners : US 52.5%, Spain 8.2%, Brazil 6.1% (CIA 2005)
Import partners : China 10.4%, US 7.3%, UK 6.7%, Netherlands 6%, France 5.9%, Brazil 4.3%, Germany 4.2% (CIA 2005)
Contribution of various sectors to GDP: Primary: 26.4%; Secondary: 49.5%; Tertiary sector: 24.2% (The World Bank, 2004)


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