Nigeria

Federal Republic of Nigeria

NG / NGA Africa Africa

227.9M

Population

$187.8B

GDP

771

Payment BINs

153

Issuers

General Information

Capital Abuja

Continent Africa

Region Africa

Subregion Africa

Currency nairas (NGN)

Languages English (official) Hausa Yoruba Igbo (Ibo) Fulani over 500 additional indigenous languages

Timezones UTC+1

Area 923,768 km²

Map Reference Western Africa, bordering the Gulf of Guinea, between Benin and Cameroon

Borders Benin Cameroon Chad Niger

Demographics

Population (2023) 227,882,945

Density 246.7 per km²

Urban Population 54.3%

Median Age 19.3 years

Life Expectancy 62.2 years

Major Cities Lagos Kano Ibadan ABUJA Port Harcourt Benin City

Economy

GDP (2024) $187.8B

GDP Per Capita (2023) $1,592

Inflation (2024) 33.2%

Unemployment (2024) 3.0%

Public Debt 19.6% of GDP

Exchange Rate (2024) 1,478.965 to USD

Financial Markets

Stock Exchanges 4

Listed Equities 7

Dominant Currency EUR

Card Brands (Top 5)

Card Types

Card Categories (Top 5)

Leading Issuers

#	Issuer	BINs
1	ACCESS BANK PLC	68
2	UNITED BANK FOR AFRICA PLC	34
3	ZENITH BANK PLC	34
4	UNION BANK OF NIGERIA PLC	26
5	ZENITH BANK	25
6	FIRST BANK OF NIGERIA PLC	23
7	POLARIS BANK, LTD.	20
8	PROVIDUS BANK PLC	20
9	STERLING BANK PLC	18
10	ECOBANK NIGERIA PLC	17

View All Issuers

Top Stock Exchanges

#	Exchange	Listings	Code	Currency
1	Frankfurt Stock Exchange	2	FRA	EUR
2	OTC Bulletin Board	2	PNK	USD
3	London Stock Exchange (international)	2	LSE	GBP
4	Johannesburg Stock Exchange	1	JNB	ZAC

Main Exports

1. crude petroleum

2. natural gas

3. gold

4. fertilizers

5. cocoa beans (2023)

Main Imports

1. refined petroleum

2. tanks and armored vehicles

3. wheat

4. plastics

5. cars (2023)