Nigeria has been ranked as one of the top 20 countries that improved in carrying out reforms in the Ease of Doing Business.
This is according to the World Bank report on the top 20 reformers as released by the institution on Friday.
The full report on the ease of doing business rankings would be released on October 24.
Among the top 20 list, only Nigeria, Togo, Zimbabwe, Djibouti and Kenya made it on the continent.
According to the World Bank, Nigeria made improvements by operationalising a new electronic platform that integrates the tax authority and the Corporate Affairs Commission (CAC).
“The CAC also upgraded its name reservation platform and, in Kano, there is now an electronic platform for registering business premises online, eliminating the need to appear in person.
“The CAC also upgraded its name reservation platform and, in Kano, there is now an electronic platform for registering business premises online, eliminating the need to appear in person,” the report said.
The World Bank report also stated that Nigeria made getting electricity easier by allowing certified engineers to conduct inspections for new connections. Initiatives also made commercial litigation of smaller cases more efficient.
Other countries on the top 20 are:
The Kyrgyz Republic