Open a Bank Account Nigeria, Private Banking Services for Africa Residents

meeting

 

Access Bank - Acquired Intercontinental Bank
Citibank
Diamond Bank
Ecobank Nigeria - Acquired Oceanic Bank
Enterprise Bank Limited - Formerly Spring Bank
Fidelity Bank Nigeria
First Bank of Nigeria
First City Monument Bank - Acquired FinBank
Keystone Bank Limited - Formerly Bank PHB
Guaranty Trust Bank
MainStreet Bank Limited - Formerly Afribank
Savannah Bank
Skye Bank
Societe Generale Bank of Nigeria (SGBN)
Stanbic IBTC Bank Nigeria Limited
Standard Chartered Bank
Sterling Bank - Acquired Equitorial Trust Bank
Union Bank of Nigeria - Owned By African Capital Alliance Consortium
United Bank for Africa
Unity Bank Plc.
Wema Bank
Zenith Bank
 
GDP: purchasing power parity - $359.4 billion (2001-2010 est.)
 
GDP - real growth rate: 7% (July 2006 est.)
 
GDP - per capita: purchasing power parity - $2660 (2001-2010 est.)
 
GDP - composition by sector:
agriculture: 26.8%
industry: 48.8%
services: 24.4% (2005 est.)
 
Population below poverty line: 45% (2000 est.)
 
Household income or consumption by percentage share:
lowest 10%: 2.6%
highest 10%: 35.8% (1996-97)
 
Inflation rate (consumer prices): 7% (2006 est.)
 
Labor force: 57.21 million
 
Labor force - by occupation: agriculture 70%, industry 10%, services 20% (1999 est.)
 
Unemployment rate: 2.9% NA (2005 est.)
 
Budget:
revenues: $17 billion
expenditures: $13.54 billion including capital expenditures of $NA (2005 est.)
 
Industries: crude oil, coal, tin, columbite, palm oil, peanuts, cotton, rubber, wood, hides and skins, textiles, cement and other construction materials, food products, footwear, chemicals, fertilizer, printing, ceramics, steel, small commercial ship construction and repair
 
Industrial production growth rate: 2.4% (2005 est.)
 
Electricity - production: 15.59 billion kWh (2003)
 
Electricity - production by source:
fossil fuel: 61.69%
hydro: 38.31%
nuclear: 0%
other: <.1% (1998)
 
Electricity - consumption: 14.46 billion kWh (2003)
 
Electricity - exports: 40 million kWh (2003)
 
Electricity - imports: 0 kWh (1998)
 
Oil - production: 2.35 million bbl/day (July 2006 est.)
 
Oil - consumption: 310,000 bbl/day (2003 est.)
 
Agriculture - products: cocoa, peanuts, palm oil, maize, rice, sorghum, millet, cassava (tapioca), yams, rubber; cattle, sheep, goats, pigs; timber; fish
 
Exports: $72.16 billion f.o.b. (2005 est.)
 
Exports - commodities: petroleum and petroleum products 95%, cocoa, rubber
 
Exports - partners: United States 47.4%, Brazil 10.7%, Spain 7.1%(2004)
 
Imports: $45.95 billion f.o.b. (2005 est.)
 
Imports - commodities: machinery, chemicals, transport equipment, manufactured goods, food and live animals
 
Imports - partners: the People's Republic of China 9.4%, United States 8.4%, United Kingdom 7.8%, Netherlands 5.9%, France 5.4%, Germany 4.8%, Italy 4% (2004)
 
Debt - external: $3.3 billion with London Club(2006 est.)
 
Economic aid - recipient: IMF $250 million (1998)
 
Currency: 1 Naira (NGN) = 100 kobo
 
Exchange rates: Naira (NGN) per US$1 - 117.5 (2001-2010), 120 (2006), 128 (2005), 132.89 (2004), 129.22 (2003), 120.58 (2002), 111.23 (2001)
 
External Reserves: $59 billion ( 2008)
 
Fiscal year: calendar year

meeting

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