Nigeria

Displaying 703 - 708 of 1023

What factors will drive industry consolidation in the short to medium term?

As technological advances drive up demand for wireless telecoms services, including television, satellite and mobile data, the growth of these services is constrained by the amount of radio frequency spectrum available. According to the GSM Association (GSMA), mobile internet accounts for 58% of all web traffic in Nigeria, well above the 10% global...

What can be done to improve formalisation in distribution and retail chains?

As anyone who has spent time in a Lagos go-slow will attest, transportation can be a complicated issue in Nigeria. Underinvestment has led to a shortage of capacity for a country of nearly 170m people, and as GDP growth continues to surpass 7%, the resulting increase in both consumption and production means there is sizeable scope for investment in...

Despite softening demand in a handful of segments due to exogenous factors, activity in Nigeria’s construction industry is expected to continue to grow for the foreseeable future. Major demand drivers include rapid population growth, high levels of government investment in infrastructure and steadily increasing urbanisation, among others. In the...

One key challenge to the development of a vibrant local IT sector in any emerging market is the difficulty small and medium-sized enterprises (SMEs) face in attracting capital, hiring staff and accessing research, and Nigeria is no different in this regard. As in most West African economies, interest rates for commercial loans are well into double...

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