Gender Equality in Nigeria’s Private Sector : A Gender Gap Assessment of the 30 Most Capitalized Companies Listed on the Nigerian Exchange
Nigeria is the largest economy in Africa, and it is projected to have the fifth largest population in the world by 2026. The gender gap is particularly acute in Nigeria, and three market failures stand out: (1) a persistent gender gap at the compan...
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| Format: | Working Paper |
| Language: | English English |
| Published: |
Washington, DC
2022
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| Online Access: | http://documents.worldbank.org/curated/en/099246108082220354/IDU0c4f47bf802b2a0427109695004694f48f41a http://hdl.handle.net/10986/37860 |
| Summary: | Nigeria is the largest economy in
Africa, and it is projected to have the fifth largest
population in the world by 2026. The gender gap is
particularly acute in Nigeria, and three market failures
stand out: (1) a persistent gender gap at the company
leadership level; (2) lack of access to finance for women
who want to start a business; and (3) women’s limited access
to markets through supply chains and procurement
opportunities. The International Finance Corporation (IFC)
and Nigerian Exchange Limited (NGX) have joined forces to
rally some of the largest Nigerian companies to increase
women’s participation in private sector development. Through
the Nigeria2Equal initiative, IFC is working with the chief
executive officers (CEOs) of companies listed on NGX that
are committed to implementing gender-smart solutions to
reduce gender gaps across leadership, employment, and
entrepreneurship. Through the Nigeria2Equal initiative, IFC
is working with the chief executive officers (CEOs) of
companies listed on NGX that are committed to implementing
gender-smart solutions to reduce gender gaps across
leadership, employment, and entrepreneurship. By conducting
market research and publishing studies such as this report,
IFC is establishing the business case for the private sector
to invest in women in Nigeria, and are helping companies to
identify gaps and constraints, and invest in reducing those gaps. |
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