Frequently Asked Questions
  • What are the investment opportunities available in Nigeria?
    Nigeria has a very large population of over 219 million people and a large per centage of this population about 70% is still under the age of 30 years old. This means that most sectors in Nigeria are still at a growth stage to cater to the young population and increasingly emerging consumer class. Key sectors where there is a huge demand include ICT, Fintech, Logistics, Renewable Energy, Agriculture Value Chain, Healthcare and Pharmaceuticals, Hospitality/Hotels, Manufacturing, Mining, Retail and Infrastructure. There also exists a huge opportunity to invest in the Gas sector and Gas Monetization, as Gas is needed for power generation, industrial and home use.
  • How do I go about investing in Nigeria?
    It always helps to travel to Nigeria to learn more about the country and your sector of interest. In this regard it also helps to find a reliable local partner. Once you decide which sector is of interest or if you are looking at a specific business or investment opportunity then it helps to conduct a detailed due diligence and / or feasibility study before making the investment decision. It is always best to have a team based approach involving local experts with relevant expertise to assist you in making your investment decision.
  • What products can be traded with Nigeria?
    Nigeria exports a wide variety of products such as hibiscus, ginger, sesame, soya beans and cocoa beans. In terms of imports into Nigeria it is really dependent on the demand for specific products at any given time. For example if the refineries in Nigeria are not working then there will be a demand for refined petroleum products. As there is a power supply problem in Nigeria and a push towards renewables, solutions that provide power such as solar powered generators and solar panels will also be in demand.
  • How do I go about trading with Nigeria?
    It always helps to do your research on the product. For example if you want to export solar panels to Nigeria it makes sense to know what the competition is for your product and what price they are selling at. This makes it easier for you to approach distributors and importers with a more realistic offering as you have already done your research on the market. Similarly If you want to buy cocoa beans from Nigeria you also need to do your research to know what price cocoa beans are selling at on the local market before you start your negotiations. This approach makes you better prepared for success.
  • Is it safe to travel to Nigeria?
    The answer is it depends on where you intend to visit. Travel to Lagos the commercial capital of Nigeria is relatively safe but you need to take care and plan your visit. Abuja the federal capital is also relatively safe but as with Lagos one needs to plan their visit. Planning involves making sure you take all your vaccines and malaria medication before you travel, know who will meet you at the airport on arrival. It involves trying to stay in the safer parts of a city like Lagos such as Victoria Island, Ikoyi, Ikeja GRA, Yaba and Lekki Phase 1 and only going outside these areas with locals who you trust or know relatively well.
  • How much do you charge for your services?
    It really depends on what you the client wants to do in Nigeria. As a start we have an initial free consultation with the client followed by which we will share a proposal with the client.
  • Can you share references or case studies of past clients you have worked with?
    Yes we can share case studies with our potential clients and if required we can also provide references of previous clients we have worked with.
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