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NIGERIA SLASHES THE COST OF DOING BUSINESS FROM N50,000 TO N15,000

Nigeria’s Trade and Investment Minister Olusegun Aganga has approved the downward review of the cost of business registration at the Nigerian Investment Promotion Commission (NIPC) from N50,000 to N15,000 ($100).

This reduction is contained in a statement issued in Abuja on Monday by Joel Attah, the Head of Media and Publicity Unit of the NIPC.

NB: Please note that this is for registration of businesses (mostly by foreign investors) with the NIPC and not registration with the CAC.

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