In what ways are captive power plants more attractive for developers in Nigeria?
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Interviews & Viewpoints | Ladi Sanni, CEO, Viathan Engineering : Interview from The Report: Nigeria 2019
Articles & Analysis | Nigerian domestic market supports producers of fast-moving consumer goods from The Report: Nigeria 2019
Growth of the population, set to reach 300m by 2030 and 400m by 2050, coupled with an expanding middle class, suggests there is strong growth potential for the fast-moving consumer goods (FMCG) segment, and underscores the fundamental attractiveness of the Nigerian market. In addition to these long-term drivers, manufacturers are set to...
Articles & Analysis | Nigerian investors focus on growing mining sector from The Report: Nigeria 2019
Although the oil and gas sector has driven economic growth in recent decades, Nigerian mining offers considerable potential gains. Home to abundant, untapped reserves, and increasingly the focus of pro-business policies, the sector is poised for robust near- and midterm growth as investors move to capitalise on opportunities in iron ore, gold...
Articles & Analysis | Cement sector enters period of growth in Nigeria with demand and earnings expected to rise from The Report: Nigeria 2019
Amid the tentative recovery from recession, the cement market grew rapidly in the first half of 2018, as sales by volume increased by 9.8% over the first half of 2017, from 10.2m tonnes to 11.2m tonnes. The Nigerian manufacturer Dangote Industries led the way in that growth, as sales of locally produced materials grew by roughly 11% between...
Chapter | Industry & Mining from The Report: Nigeria 2019
Nigeria presents considerable potential to return high yields on...
Access to power remains one of Nigeria’s chief economic and social issues, with about 90m citizens lacking access to electricity, while the World Bank estimates per capita usage is lower in just eight other countries. Indeed, as the biggest domestic market in Africa, the country has great potential for manufacturing, but most investment in the sector tends to prioritise a steady and reliable...