Archive for the ‘Nigeria’ category
Investors focused on Africa say Nigeria offers huge opportunities, but also huge challenges.
A look at Nigerian business culture and the incentives that will give companies a much needed edge over their competitors.
Nigerian banking continues to face significant headwinds – in relation to both revenue and costs.
“A city like Lagos has 20 million people, but just two shopping centres.”
One way companies can create an affinity with African consumers is by working with a local celebrities to endorse their brand.
Prepclass provides a database of study content to help prepare prospective university students for their JAMB exams.
According to property portal Lamudi, likely real estate opportunities in 2015 lie in emerging cities.
Nigeria could be argued to present the best opportunity for many investors looking at the African continent.
“Nigeria is the current dumping ground for food produce from all over the world,” said Cynthia Mosunmola Umoru.
“At that time my knowledge about Nigeria was the so-called Google knowledge,” says Marek Zmyslowski.
Diversifying exports has become a priority for development economists and policy makers of resource-rich countries around the world.
“Hiring the wrong people would be one of the mistakes I have made. One major lesson learnt is to always be recruiting.”
The African continent is set to record a projected +5% economic growth in 2015.
A key impact of the Ebola outbreak is that food prices are rising in affected countries, as flights are suspended to these areas.
Carlyle recently made a $147m investment in Nigeria’s Diamond Bank.