Nigeria’s major competitive advantage in terms of investment is its population while other parameters are not favourable to a country that prides itself as Africa’s biggest economy. Over the years, its big economy which largely depends on oil revenue has failed to translate to an improved standard of living of its millions of people who … Read more
When you check the price of a property in areas like Lekki, Ikoyi, Ikeja, and other top choices in Lagos, Nigeria’s commercial capital, you are likely to see NGN50million or more for a plot of land measuring 600 square meters It becomes financially challenging for a prospective buyer to own property in the aforementioned top … Read more
On the global ranking of ease of doing business, Nigeria isn’t a conducive environment for investment, but the report by the Absa Africa Financial Markets Index 2021 (AAFMI) says Nigeria is the third most attractive country in Africa for foreigners to do invest. Producer: Official Monetary and Financial Institutions Forum (OMFIF) Sponsor: Absa Group Limited … Read more
It seems Nigeria’s government has realised that it’s very important to write its own story by itself instead of an external body. One of such areas the Federal Government is taking upon itself is the Ease f Doing Business rating in 36 states plus the Federal Capital Territory (FCT), Abuja. Before 2020, when the government … Read more
Another opportunity for investors, importers, and exporters to showcase their product and service to the rest of world at the Nigeria Diaspora Investment Summit (NDIS) begins on November 16 to November 17, 20201. The 2021 event which is in its fourth edition is organised by the Nigerians in Diaspora Commission (NiDCOM) Dubbed HYBRID Investment Summit … Read more
With 1,380,614,641 people, making it the second most populated continent, Africa remains an investment destination for foreign investors who want to tap into the market strength of the continent. While the collective headcounts of Africa are significant, each of the countries has several measures in place in order to encourage Foreign Direct Investment (FDI). Interestingly, investors … Read more
A favourable business environment is one of the key factors that drive foreign investors to a country. Government policies, security, and infrastructural development are some of the things investors put into consideration, and some African countries are more serious and committed to easing the way business is done in their country. For instance, in the … Read more
Summary: Located in the Horn of Africa, Ethiopia is the second largest market in Africa and has enough resources to drive Foreign Direct Investment (FDI). The country’s huge investment in infrastructural development in the last 10 years is showing positive result while its rich soil is favourable to agriculture produce. As juicy as the country’s resources … Read more
Any investor in the United States, Germany, and Italy among other advanced economies who wishes to their business to Africa, will most likely put Nigeria on their list despite many challenges confronting the country. Summary: Nigeria has a large and ever growing market, availability of hydrocarbon resources, and commendable FDI policy, yet poorly developed transport … Read more
Some years back, an investor had to locate a stockbroker, fill out forms, and wait till the end of the financial year to receive dividends which were usually delivered through the postal service. It was even more difficult to invest in foreign stock back then. Today, that has changed, FinTech has simplified foreign investments and … Read more
In 2019, ginger export brought in $10.4million for Nigeria. In this guide, we’ll show you at least 30 countries where you can find international buyers for ginger which is also known as chita in the North. Apart from its medicinal use, ginger is used for spices and the demand for it in the international continues … Read more
If you’re just starting as a real estate investor, you can’t get it right overnight. You would make mistakes. But is it really worth it to make mistakes with your life savings? This is why it is very important to do your due diligence and talk to a professional who perfectly understands the local market … Read more
Nigeria is filled with investment opportunities, but the major challenge facing millions of people at home is finance while hundreds of Nigerians abroad are at crossroads over how and where to invest their monies. Apart from the issue of trust and the fear of falling victim to some dubious friends and family members back home, … Read more
You will need a CSCS account if you want to invest or trade in shares, stocks, bonds, and other securities traded on the Nigerian capital market. What is CSCS? It means Central Securities Clearing System, which is the Central Depository for the Nigerian capital market with the responsibility for storing, clearing and settlement of securities transactions. … Read more
You don’t really need to wait till you become the wealthiest man before you start investing. You can start to invest with your small money. In one of our business guides, we talked about hot businesses you can start in Nigeria with little capital, in this post, we’ll be covering some pertinent questions in relation … Read more