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Austria, Germany, Switzerland foresee more foreign investments in Nigeria

Austria, Germany, Switzerland foresee more foreign investments in Nigeria

Switzerland : Representatives of Austria, Germany and Switzerland have reiterated commitment to expanding business activities and workforce in Nigeria, following the recent ranking by the World Bank Ease of Doing Business index which placed the country among the 10 most improved economies.

The delegate of German Industry and Commerce in Nigeria, Marc Lucassen, said foreign businessmen were optimistic about the economic climate in Nigeria, noting that German companies were becoming more interested in the market.

At the third presentation of Austria-German-Swiss Business Outlook (AGSBO) in Lagos on Wednesday, Lucassen said though Nigeria moved up 24 points in the World Bank Ease of Doing Business index and was among the 10 most improved economies, its business prospects in the next one year might be static.