The end of the ‘fertiliser mafia’ and a new dawn for Nigerian agriculture Published by Femi Adewunmi on 30 March 2012 “The agriculture ministry … has tended to be controlled by what we refer to as the fertiliser mafia.”
Financial boost for Nigerian mobile money startup Paga Published by Femi Adewunmi on 17 March 2012 Nigerian mobile money platform Paga has received a US$2 million grant from Enhancing Financial Innovation & Access (EFInA), a financial sector development organisation.
Three African countries included in new frontier markets fund Published by Femi Adewunmi on 16 March 2012 “We have carefully selected the main frontier markets where we see exponential growth in all areas of economic, political and social activity.”
Live in Nigeria? This is why your startup will fail Published by Pascal Ehigie Aito on 15 March 2012 You live in Nigeria or any third world country? Are you a techie and thinking of starting a web startup? Here are some reasons why your startup is doomed to fail.
Supermarket chain Shoprite to open a store in DRC Published by Femi Adewunmi on 24 February 2012 South Africa-based pan-African retailer Shoprite Holdings plans to open its first store in the Democratic Republic of Congo (DRC) before June 2012.
West Africa: International brands push demand for retail space Published by Claude Harding on 2 February 2012 There is a strong demand for retail space in both Nigeria and Ghana, driven by a growing middle-class and interest from international brands to enter West Africa.
Could 2012 be Nigeria’s year of real reform? Published by Femi Adewunmi on 2 February 2012 There are many reasons to be negative about Nigeria’s business environment. However, Charles Robertson, global chief economist at Rencap, argues that 2012 might just be the year we start to see real change.
Troubles in Nigeria bad for business Published by Femi Adewunmi on 27 January 2012 The recent events in Nigeria are not only keeping politicians and security chiefs awake at night, but companies are also experiencing pain.
How Nigeria’s fuel price increase will impact inflation Published by Femi Adewunmi on 17 January 2012 “The impact of the petrol price hikes could go beyond simply pushing up transport costs. It is also expected to affect the cost of producing goods and services.”
Nigeria’s fuel dilemma Published by Femi Adewunmi on 12 January 2012 While many people on 1 January had to cope with a headache after the previous night’s festivities, Nigerians entered the new year with an additional misery.
S&P revises the outlook on Nigeria’s top three banks to positive Published by Imara Africa Securities team on 9 January 2012 Last week, Standard & Poor’s Ratings Services (S&P) revised its outlook on Nigeria’s three largest banks – GT Bank, First Bank of Nigeria and Zenith Bank – to ‘positive’ from ‘stable’.
Nigerian mobile money startup Paga wants 15 million users by 2015 Published by Noblesse Oblige on 13 December 2011 How we made it in Africa talks to Tayo Oviosu, founder of Paga, Nigeria’s hottest new mobile money platform.
Looking to become wealthy? Consider rice farming in Nigeria Published by Claude Harding on 8 December 2011 Global agricultural company Olam says the cultivation and processing of rice in Nigeria has the potential to be a lucrative industry.
Nigeria’s Dangote Cement could be a threat to multinationals like Lafarge Published by Femi Adewunmi on 7 December 2011 Nigeria’s largest cement company, Dangote Cement, could become the world’s sixth biggest producer if its expansion plans play out as expected.