what to do business on the continent of africa, learn these etiquette
Expats looking to do business in Nigeria, and peculiarly those who take never done business on the African continent before, will certainly take to prepare themselves for some unique challenges. Although swell strides have been made within the corporate globe in Nigeria – an oil-rich country and one of Africa'southward largest economies – the land still suffers from massive abuse and a debilitating lack of infrastructure; two factors that tin brand doing business hard, to say the least. Expats should recollect that a tremendous amount of business does go washed in Nigeria, and jaded or pessimistic views about the country are non always well deserved. Notwithstanding, doing business in Nigeria is challenging, as illustrated by numerous international business surveys. Most notably, Nigeria ranked 131st out of 190 countries in the Earth Depository financial institution'due south 2020 Ease of Doing Business organization Survey. This marked improvements from its previous rankings and the country performed well for factors such every bit ease of getting credit (15th) and protecting minority investors (28th). But it continues to rank poorly for factors such as getting electricity (169th), registering property (183rd) and trading across borders (179th). To help avert or overcome any potential problems, expats relocating to and working in the Giant of Africa should familiarise themselves with key aspects of doing business. In a country that claims many dissimilar indigenous groups and dialects, English language has emerged as the primary linguistic communication of business in Nigeria Role hours are usually 8am to 4pm or 9am to 5pm, from Mon to Fri. This varies slightly for banks and government offices which usually shut earlier. Some businesses likewise adjust their working hours during Ramadan. Smart and stylish; night colours are preferred. Extended, warm handshakes that linger for a while are the traditional greeting among men. Since Nigeria has a big Muslim population and observant men will not milkshake hands with women, a rubber, traditional greeting with a woman would be for a human to bow his head slightly when introduced. In that location is no standard practise for gift giving in Nigeria – although, if receiving a gift, be sure to reciprocate. When exchanging a souvenir or shaking easily, always use the correct hand. Nigeria remains a patriarchal society, with traditional roles for men and women largely adhered to. Still, there are plenty of opportunities for women and many women tin exist constitute in senior positions within both the corporate and political sphere. New arrivals to Nigeria may experience civilization shock in various aspects of their relocation, and the workplace is no unlike. Business civilisation in Nigeria is subject to a number of variable forces; over 250 dissimilar ethnic groups co-be in the country and many strange-owned multinationals take operations at that place. And so, business etiquette demands that expats remain flexible and willing to improvise. It'due south vital to cement a working account with associates. Be prepared to be patient and to wait for this trust to develop before diving into the nuts and bolts of business discussions. For this reason, business meetings in Nigeria are very social occasions, providing the framework for the creation of solid interpersonal connections. The management style typically found in Nigeria is extremely hierarchical. The dominate – invariably male, and almost e'er of an older generation – volition await and will receive respect from all those working beneath him, and will never exist publicly criticised. This does not necessarily mean that all decisions are fabricated from the top down; concern relationships are extremely important in Nigeria and compromises can be reached. Nigerian business leaders tend to lead strongly, giving their employees instructions that are expected to be followed closely. Teamwork and the ability to piece of work together toward clearly divers goals are considered more than valuable assets in the Nigerian workplace than independent thinking or individualistic efforts. Nigerians are famously friendly and hospitable people who have a 18-carat involvement in the lives and experiences of foreigners. If one makes an endeavor to become to know the locals, this friendliness volition be repaid tenfold. Still, information technology'south best to be wary of empty promises when tabling an offer; it is quite unusual for Nigerian officials to willingly give their internal business to non-Nigerian companies. Nigeria has a horrendous reputation for bribery and corruption. These are systemic issues, appreciable from the highest levels of government to the lowest level of street sales. It is unfortunate, though unavoidable, that expats will experience this abuse in some form or some other while living and working in Nigeria. Forming connections with prominent ministers and governors is essential for those wanting to be successful at business in Nigeria. Although not advocated, it'due south an unfortunate reality that many companies appear to have a wide margin written into their budgets for bribes. Practice be willing to improvise and to brand a real endeavor at getting to know Nigerian colleagues Do endeavour to remain patient and calm in all situations Do retrieve that blackmail, corruption, favouritism and nepotism are still unfortunate realities of doing business in Nigeria Don't disrespect elders or those in higher positions of authority Don't criticise colleagues in public – rather take a private word with them, if necessary Don't fall into the habit of thinking about or interacting with all Nigerians in the same style. Nigeria is an incredibly diverse nation, and expats should endeavour to familiarise themselves with the nuances of dealing with the different ethnic groups and different people
Fast facts
Business organization linguistic communication
Hours of business organisation
Concern dress
Greeting
Gifts
Gender equality
Business organisation culture in Nigeria
Business relationships
Management style
Mental attitude to foreigners
Bribery and abuse
Dos and don'ts of doing concern in Nigeria
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