Africa
Investor
Nigeria Business Permit Cost
Business activities.
Fee Overview
Key costs for Business Permit
Visa Application FeeNGN 1,000,000 – NGN 1,000,000
Medical ExaminationNGN 20,000 – NGN 50,000
Legal Fees (optional)NGN 300,000 – NGN 1,500,000
Proof of Funds (single)NGN 10,000,000
Not a payable fee - must be demonstrated in bank account
Last verified: 3/13/2026
Source: Nigeria Immigration Service 2024
Business permit for investors and business owners. Requires registered Nigerian company and minimum investment (typically $100,000+). Business premises required. Initial permit 1-2 years, renewable. CERPAC issuance. Can sponsor family. Path to permanent residence after 15 years continuous residence.