blog writing #impact of nigeria’s political environment on foreign businesses

The political environment of any country largely determines the position of foreign businesses and investors. Every investor wants a country with a stable economy so that they are guaranteed of returns on their investment. Nigeria is among the top African countries that have enjoyed a fairly large and stable economy. This is as result of the oil business which has seen the country’s economy thrive over the years. The economic stability has, however, in recent years been dwindling with multiple factors at play. One of the key factors in the political instability which has had direct effect on foreign investment (Hamilton & Webster, 2015).