The business and investment bank, Rand Merchant Bank (RMB) has placed Nigeria as the ninth most attractive place to invest in Africa.

31 countries on the continent were evaluated for the rating according to BrandSpur online news, which was just released in the bank’s research titled “Where to Invest in Africa 2024.”

Nigeria’s high population allowed the bank to classify it as a “Highflyer” nation with higher overall RMB rating scores, but the nation still performs poorly in areas of market accessibility and innovation.



According to the report: “Being one of the largest economies on the continent and having the largest population gets Nigeria to an overall ranking of ninth.”

Based on four pillars and twenty metrics; social and human development, economic stability and investment climate, market accessibility and innovation, and economic performance and potential; the bank evaluated thirty-one African nations.


Nigeria was rated as good in social and human development and as satisfactory in economic performance and potential, placing it second and fifteenth, respectively.

It did, however, rank 29th in market accessibility and innovation and 21st in economic stability and investment climate, both categories deemed to be less desirable.

Continuing, the report holds that: “Nigeria’s political stability repeats the nation’s complexity ranking of 29th on the model. This expansive nation of many languages and cultural groupings, a complex and nuanced system of a presidency that alternates between the Christian south and the Muslim north, coupled with an insurgency problem, makes this a politically fraught place for investors. All these make for a challenging business environment where great benefits are available to those who succeed.”

But after 2016, Nigeria has become a more favourable destination for investors to prosper.

It stated: “Its 2016 ranking on the Ease of Doing Business index was 169 out of 190 countries. It rose to position 131 in the 2020 edition.”

The report reads: “Putting these elements together translates into a ranking across the 31 countries. Using the four pillars and the weighted Z-scores, the two small island economies of Seychelles and Mauritius rank as the most attractive investment destinations on the continent while the significantly larger economies of Egypt, South Africa, and Morocco follow next in the attractiveness ranking.”

SOURCE:https://brandspurng.com/2024/08/08/rmb-helps-nigeria-attain-9th-most-attractive-investment-location-in-africa/

Tinubu want to prove some points since the protest.

BrandSpurNG:

The business and investment bank, Rand Merchant Bank (RMB) has placed Nigeria as the ninth most attractive place to invest in Africa.


31 countries on the continent were evaluated for the rating according to BrandSpur online news, which was just released in the bank’s research titled “Where to Invest in Africa 2024.”

Nigeria’s high population allowed the bank to classify it as a “Highflyer” nation with higher overall RMB rating scores, but the nation still performs poorly in areas of market accessibility and innovation.



According to the report: “Being one of the largest economies on the continent and having the largest population gets Nigeria to an overall ranking of ninth.”

Based on four pillars and twenty metrics; social and human development, economic stability and investment climate, market accessibility and innovation, and economic performance and potential; the bank evaluated thirty-one African nations.


Nigeria was rated as good in social and human development and as satisfactory in economic performance and potential, placing it second and fifteenth, respectively.

It did, however, rank 29th in market accessibility and innovation and 21st in economic stability and investment climate, both categories deemed to be less desirable.

Continuing, the report holds that: “Nigeria’s political stability repeats the nation’s complexity ranking of 29th on the model. This expansive nation of many languages and cultural groupings, a complex and nuanced system of a presidency that alternates between the Christian south and the Muslim north, coupled with an insurgency problem, makes this a politically fraught place for investors. All these make for a challenging business environment where great benefits are available to those who succeed.”

But after 2016, Nigeria has become a more favourable destination for investors to prosper.

It stated: “Its 2016 ranking on the Ease of Doing Business index was 169 out of 190 countries. It rose to position 131 in the 2020 edition.”

The report reads: “Putting these elements together translates into a ranking across the 31 countries. Using the four pillars and the weighted Z-scores, the two small island economies of Seychelles and Mauritius rank as the most attractive investment destinations on the continent while the significantly larger economies of Egypt, South Africa, and Morocco follow next in the attractiveness ranking.”

SOURCE:https://brandspurng.com/2024/08/08/rmb-helps-nigeria-attain-9th-most-attractive-investment-location-in-africa/

Good Nigerians in diaspora should learn
How can you be representing Nigeria abroad and your company doesn’t have an investment in Nigeria already
Wetin come be your work since?
Represent the country so well that they would want to invest In nigeria

Saao:
Tinubu want to prove some points since the protest.

So he bribed them to put them on that position right?

Internally, RMB doesnt have analytical metric and iindices to measure who should be where abi?


The way u people think is always baffling

Seems that obidient group is just full of drop-outs .

U all are always thinking like u were paid not to know much

DevilsEqual:


So he bribed them to put them on that position right?

Internally, RMB doesnt have analytical metric and iindices to measure who should be where abi?


The way u people think is always baffling

Seems that obidient group is just full of drop-outs .

U all are always thinking like u were paid not to know much

so he bribed them? It's good you confessed

Any news about Tinubu and his government doing something is fake.
This president is a well-trained Scammer, the presidency altogether is 85% Yahoo Men and women working for Tinubu

9th in Africa? What a shame. A government that was handed to APC was the 3rd best investment destination in the world and the best in Africa.

APC is a curse to Nigeria.

9th ke?

With our population and status we should be nothing short of 1st. This is a shame. All thanks to poor leadership and bad politics

Iberiberism
Keep deceiving whoever you can deceive
Ndi ara ndi ara

You must become "govt" before you can successfully run a business in Nigeria, be ready to provide for yourself power, transportation, security and other services which govts in other climes provide for businesses and their people, at the end of the day still pay multiple taxes, being 9th is even surprising, it should be way below that

A whole giant of Africa

Yes now

Propaganda

enough of all this deceit, the reality is that our atmosphere at the moment cannot grow reputable businesses.

Propaganda headline 🤣

Nigeria is the 9th largest . . . blah - blah - blah

Yet all the foreign companies wey dey with us siiiince don dey pack their load dey run?

No worry, wait make the angry masses catch you. all of una mind go touch grand

BrandSpurNG:

SOURCE:https://brandspurng.com/2024/08/08/rmb-helps-nigeria-attain-9th-most-attractive-investment-location-in-africa/

what about the large amount of money intending investors is going to pay generating their owm power there by minimixing profit? Abi them non see that one too before opening their mouth to spew trash

BrandSpurNG:

SOURCE:https://brandspurng.com/2024/08/08/rmb-helps-nigeria-attain-9th-most-attractive-investment-location-in-africa/

Not 1, 2, 3. OK oo.

DevilsEqual:


So he bribed them to put them on that position right?

Internally, RMB doesnt have analytical metric and iindices to measure who should be where abi?


The way u people think is always baffling

Seems that obidient group is just full of drop-outs .

U all are always thinking like u were paid not to know much

9th position is useless for so called Giant of Africa in a continent known for poor rating, it is terrible.

How much has RMB invested in Nigeria since they discovered her attractiveness?

Saao:
Tinubu want to prove some points since the protest.

Using this SA bank for his propaganda purpose to excite sufferhead agbadorians with their BATerian affliction

Ok

Go to Kano or kaduna street and tell them, the rest will be history.

Make una dey play






Dangote sef don dey complain already

Former President Jonathan and his govt made Nigeria No. 1 in Africa, and 3rd in the whole world. Infact, Nigeria had the fastest growing economy. But Mediocres will want to celebrate this new position while in the real sense we should be covering our faces in shame. With the kind of population we have, we are suppose to remain No. 1 in Africa and then compete favourably with the rest of the world.

What an ultra-nonsense.

No true Nigerian that is currently huzzling to earn a living legitimately will even bother to read that deceptive article.

FrAm ToF Tu FOtom - PMB

(From Top To Bottom)

DevilsEqual:


So he bribed them to put them on that position right?

Internally, RMB doesnt have analytical metric and iindices to measure who should be where abi?


The way u people think is always baffling

Seems that obidient group is just full of drop-outs .

U all are always thinking like u were paid not to know much

See your moniker name and you want people to take you seriously with every nonsense you spew on here. Well it's not far-fetched that evil will always support evil so it's normal to bear this kind of name, and it's normal for you to keep spitting on every thread cos that's whats demonic and satanist like you are known for.

This is very bad...a d giants of africa

Ok oo