Nigeria presents considerable potential to return high yields on...
Nigeria Industry
Chapter | Industry & Mining from The Report: Nigeria 2019
Combining oil and gas wealth with the entrepreneurial efforts of its predominantly young population, Nigeria has developed a business-friendly environment over the past two decades of civilian rule. The country has effectively leveraged its abundance of natural resources and harnessed the strength of its 193m-strong population to become a key nation both on the African continent and beyond.
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Economic update | Report: How can West Africa boost its textile and garment industry in a sustainable way?
9 Jun 2021
While West Africa is one of the largest producers of cotton, it has the ability to process less than 2% of the crop locally; around 90% is exported to markets in Asia, where value is added through spinning and weaving.
Covid-19 and the resulting fall in oil prices and demand has helped to accelerate a global shift towards renewable energy. While a number of sub-Saharan African countries continue to rely heavily on fossil fuels, the region is expected to benefit from the growing market for minerals central to this shift.
Articles & Analysis | Industry sector poised for a near-term revival as investors act to capitalise on favourable trends in Nigeria from The Report: Nigeria 2019
Founded on its diverse agricultural base, abundant mineral and petroleum reserves, and a young and growing population of workers and consumers, Nigeria presents considerable potential to return high yields on investment in manufacturing segments. While the discovery of hydrocarbons and rising crude prices created a dependence on export...
Articles & Analysis | Chris McAllister, Managing Director, British American Tobacco Nigeria and West Africa; Ben Langat, Managing Director, FrieslandCampina WAMCO Nigeria; and Yaw Nsarkoh, Executive Vice-president Ghana and Nigeria, Unilever : Interview from The Report: Nigeria 2019
What are some of the main infrastructure challenges that fast-moving consumer goods (FMCG) companies face in Nigeria?
Articles & Analysis | Nigeria expands utilities access with international support and regulatory measures from The Report: Nigeria 2019
Access to power remains one of Nigeria’s chief economic and social issues: according to Babatunde Fashola, minister of power, works and housing, about 90m citizens lack access to electricity, while World Bank data estimates per capita usage is lower in just eight other countries. As the biggest domestic market in Africa, the country has great...
Articles & Analysis | Global economies prepare for the next industrial revolution from The Report: Nigeria 2019
The global economy is entering the Fourth Industrial Revolution (4IR), or Industry 4.0, based on the application of new digital and automated technologies in production processes and service delivery. These changes are presenting emerging markets with opportunities such as improved productivity, as well as risks, namely reshoring and the...