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.
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.
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.
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.
How MTN is profiting from Nigeria’s informal economy Published by Robert Neuwirth on 6 December 2011 Robert Neuwirth, author of Stealth of Nations: The Global Rise of the Informal Economy, examines how mobile operator MTN is using hawkers and street vendors as distribution agents.
Nigerian consumers upbeat about the future Published by Claude Harding on 8 November 2011 Nigerians are the most optimistic nation in the world with 72% saying they expect “good” or “mostly good” economic conditions in the year ahead.
Economist shares his thoughts on Nigeria Published by Charles Robertson on 5 November 2011 Charles Robertson, global chief economist at Renaissance Capital, shares his thoughts on Nigeria after a recent visit to the country.
Short stay serviced accommodation a “clear investment opportunity” Published by Femi Adewunmi on 6 October 2011 Nigeria’s short stay serviced accommodation industry holds good potential for further investment.
Nigeria not a country for weaklings Published by Philipp Wörz on 6 October 2011 While a mere week spent in Nigeria is by no means sufficient to become an expert on the country, it was a great experience to better understand how companies are dealing with challenges and opportunities on the ground.
Nigeria’s middle-class: How we live, and what we want from life Published by Femi Adewunmi on 2 October 2011 A recent survey by Renaissance Capital of the booming Nigerian middle-class delivered some interesting results.
Nigeria: Why major oil companies are not interested to build refineries Published by Staff Writer on 6 September 2011 This Day newspaper reports that none of the international oil companies operating in Nigeria have shown an interest to build a refinery in the country.
Nigeria set to overtake UK as largest market for Guinness Published by Femi Adewunmi on 24 August 2011 Nigeria is expected to overtake the UK as the largest market for Guinness stout in 2014.
