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Do you do business in Nigeria? Do you have agents and distributors? Is your product doing well in the Nigerian market? We can help you with market appraisal. Email inquiry@ibgnigeria.com for an affordable rapid market appraisal . Reason: The Nigerian market has become very competitive and there is a need to position your business. More retail franchise especially in the food and beverages sub-sector and brands, for instance, in beauty care products are entering the market due to its enlarged middle class occasioned by the engagement of more women in workplaces, more expatriates and more repatriates taking advantage of the emerging economy with GDP growth rate of over 7%. Focus: Food and Beverages and Beauty Care Products Challenges: a.     Looking to locate agents and distributors b.     Having clogged channels c.     Finding ways to open up the channels Solutions: a.     Locate p...

Africa Investor, a leading investment magazine with focus on the African continent reported that even though South Africa is recognized as Africa’s largest economy, Nigeria far outweighed it in foreign direct investment, receiving about 16 billion US dollars in FDI between June 2009 and June 2010 to lead the pack on investment index in the entire continent. However, while most of the investment was in the oil and gas sector, other sectors have received more of lip service than real investment. It is not yet Uhuru! Agriculture has been the greatest culprit because more than 70% of Nigerian population is engaged in agriculture-subsistence agriculture-leading to huge supply gap in the food sub-sector. As a matter of fact, it is estimated that out of about 71.2 million hectares of available cultivatable agricultural land in the country, less than half is currently being utilized. This is the sector to put your funds right now. You may invest in green houses, improved seedlings...

Leading a large delegation of Nigerians to the US ExIm Bank's 2012 Conference, Vice President Namadi Sambo says investment in Nigeria's non-oil sector is the next big thing after the exponential success in information technology as he spoke during the session on Global Competitiveness through Exports in Washington, USA. He stated that 'there is room for improvement in our economic relations if the US could encourage their private companies to partner with Nigerian private sector, particularly in the area of power generation, transmission and distribution'. Sambo further revealed that the federal government had built 10 thermal plants that would be managed by the General Electric of the USA,  the Mambila hydro project, the construction of 200 dams to enhance power generation and agriculture, as well as facilities for solar energy. He also said that institutions that would protect investment in the country, such as the National Electricity Regulatory Commission (NERC...

The Office of the Coordinating Minister of the Economy recently released a breakdown of Potential Benefits from Budget 2012 and the SURE Program. Below in tangible terms are some of the significant allocations that have been made to essential sectors of the economy, both in the 2012 budget as well as the recently-launched Subsidy Reinvestment and Empowerment Programme (SURE-P). This programme is a 3—4 year programme designed to mitigate the immediate impact of the removal of fuel subsidy and accelerate economic growth through investments in critically-needed infrastructure. It is noteworthy that, while the 2012 budget allocated the best possible amounts to these critical projects, additional resources are allocated to the same projects in the SURE programme to ensure that they are completed at faster rates than envisioned in the 2012 budget. Some of the projects and allocations are as follows: Works N11bn is allocated to the Abuja-Lokoja road in the 2012 Budget, with an ...

We are here for you as always. Our email address remains: inquiry@ibgnigeria.com

Bangalore has moved on from pensioner's paradise to one of the top hi-tech cities of the world. From Indian IT majors like Infosys, Wipro, Tata consultancy Services and Microland to the world's leading IT companies like GE, Texas Instruments, CISCO, Digital, IBM, HP, Compaq, Motorola, Lucent Technologies, Microsoft, Sun Microsystems, Oracle, Novell and several others in business process outsourcing (BPO) have made Bangalore their home. With nearly a thousand software companies employing over a hundred thousand IT professionals and 1000 IT companies including more than 150 multinational giants, Bangalore is certainly the undisputed IT capital of India, and is true with the whole of Asia. The city is also home to top of the line companies in other sectors like engineering, pharmaceuticals, biotechnology, food processing, apparel, electronics and automobiles. Bangalore's transformation has been swift and sensational; with a population of 5.54 million spread over 530 sq. ...

Welcome!Knowing us is a wise step in your plan to enter the Nigerian marketplace in 2012.Let us be your guide. We speak the language of the people; I mean the language of the Nigerian people. We understand you too! We are international business facilitators and market research consultants. Our mission is to help you with ease of doing business tools to facilitate your entry into the Nigerian marketplace. Our core competences include the provision of valuable market information, doing feasibility studies and locating agents and business partners. We propose to offer to you the following services: Counseling: •International Business Consulting •Basic Marketing Assistance In-Country Representation: •Short to Long Term Contracts •"Walk the Floor" Business Logistics •Ground support Market Research •Business Verification •Customized Market Analysis Marketing •Agent/Distributor Searches •Trade Fairs Participation •Foreign Trade Mission •Market Intelligence...

This is how we address your inquiry: a. LOCATE prospective agents and distributors: • Advertise in relevant newspapers for national coverage • Access database of registered members of various chambers of commerce • Seek directory assistance • Engage in telephone contacts b. SCREEN companies by scrutinizing their information based on their expertise, experience, geographical spread and yearly sales turnover c. VERIFY companies registration and visit to the corporate offices of select companies d. INTERVIEW qualified companies e. CONDUCT business reputation analyses f. RECOMMEND not more than four qualified companies for your assessment, delivered within 26 working days. The following services are provided at extra charges: a. Market Research. b. Agency Performance Audit Contact us on inquiry@ibgnigeria.com or call +234 1 878 2864; +234 809 353 0007.

It's 4 days of thrilling paper presentations, breakout sessions, discussions, networking and a concluding gala night! Target Participants include: Economic Development Consultants and Facilitators, Bilateral and Multilateral Organisations, Governments and Investors. Email us on inquiry@ibgnigeria.com or call +234 1 8782864 for more information.

Nigeria’s potential as a Business Process Outsourcing destination is very bright, Managing Director and Chief Executive Officer, Airtel Nigeria, Mr. Rajan Swaroop, has said in a report by the Punch Newspapers. Swaroop, who said this at an interactive session with newsmen in Abuja, added that the mobile operator with Indian origin would help Nigeria to harness the possibilities of BPO in the country. According to him, through outsourcing, Nigeria can create over one million jobs within a short period of time if the potential is harnessed. The Airtel boss disclosed that one of its partners, Spanco, a specialist in BPO, planned to establish in Nigeria and use it as a hub of its outsourcing operations in the African region. He added that with increasing wages in India, which had a reputation as global outsourcing destination, Nigeria stood a good chance to reap from the global outsourcing business reckoned to be worth multi -billion dollars per annum.

Have you been reluctant in making that decision to do business in Nigeria or elsewhere in Africa? Then, read the success story of a Zambian farmer that took the plunge two years ago. Story was by Will Connors, Wall Street Journal Reporter in Lagos, Nigeria. In a brief discussion with him at the 50th independence anniversary of Benin Republic in Lagos, he came across to me as someone with great hope in the future of Africa...Now he is showcasing the continent in his Africa Rising series for Wall Street Journal. Well done! Ndudi Osakwe Zambian Beef Processor Expands to Nigeria With Aim of Spreading Out Across the Continent. IKENNE, Nigeria—After driving two hours—skirting truck-size potholes, fording a flooded town and dodging a body—Pieter Swanepoel arrives at a dilapidated farm about 50 miles from Lagos, Nigeria. He has reached the launching pad for Zambeef Products PLC's $10 million expansion into Africa's most populous country. A few hundred yards from where the South African...

BRAND DELTA: With relative peace, abundant resources and promises of infrastructure development, Delta state is an investor’s haven. However, to reach the desired economic El Dorado and to place the state in a good position to realize Vision 2020 as envisioned by the Federal Government, it has to do more, after all, it is only one of the many states in the country that seek improved business activities and investment. Like Delta State, other states are constantly on road shows, doing all they can to direct the lean foreign investment coming to Nigeria to their states. Moreover, as a consequence of militancy and youth restiveness, Delta State like most states in the Niger Delta has to do more to encourage investors. It has also become increasingly Herculean to lure local businesses to certain locations in the country, including Delta State. To this end, a lot of hard selling is required to move the state from where it is to where it should be. Place branding creates value for a city, re...

Taking the Federal Government of Nigeria by its words, it would no longer be business as usual in the oil and gas sector of the Nigerian economy as President Goodluck Jonathan inaugurates the governing council of the Local Content Development Board. This board has been given the responsibility to reposition the petroleum sector for the benefit of the nation, following the enactment of the Nigerian Local Content Law. Simply put, Local Content means the development of local skills, technology transfer, use of local manpower and local manufacturing in a country. According to 234next newspapers, the president is not oblivious of the limitations of capacity in manufacturing for the upstream and downstream operation in Nigeria. He therefore wishes the country to follow the path of other nations where the application of local content has stimulated investments that transformed their economies. In his words, "We must drive the implementation of this law in a manner that develops partnersh...

NIGERIA as an independent country from British colonialism since 1960 turns 50 today on October 1, 2010. To mark the golden jubilee, the federal and state governments have mounted an elaborate programme of festive celebrations. Our Query: Are We There Yet...? The Nigerian Guardian (www.ngrguardiannews.com) in its editorial on October 1, 2010, mirrors our thoughts about Nigeria in its adulthood at 50 years. According to the Guardian, for a country that has endured 29 years of military rule, survived a fratricidal civil war, and practised an uninterrupted democracy since 1999, there is indeed a need to celebrate... However, if anyone looks at Nigeria’s performance since 1960, no one can say that it has been an unqualified success. The high promise held out for Nigeria at independence has not been realised. Countries like Malaysia, India, Brazil, and even Ghana (we add Singapore here) with whom we were in the struggle for economic emancipation have all overtaken us. Today our leader...

The shouting headline in many world news media including Nigeria's 234next, August 17, 2010 is this: China has reached another landmark by edging ahead of Japan as the world's second-biggest economy after overtaking Germany as the largest exporter. The change came in the second quarter with the Japanese Cabinet Office conceding China's economy is now bigger, with gross domestic product in the period of $1.337 trillion (£851bn) compared with Japan's $1.288 trillion. Many people saw this coming. As a matter of fact, Economists agree China will become the world's biggest economy, the only difference is over timing. PricewaterhouseCoopers expects it to take the top spot from the US in 2020, while Jim O'Neill, Goldman Sachs chief economist, has plumped for 2027 quoted the British Newspapers, The Telegraph. We have noted and reported in this blog on the bullish attitude of the Chinese in taking new business territories (and protecting it). Despite criticisms of Chines...

Are you considering entering the emerging market of Nigeria? Do you seek agents and distributors for your products and services? Do you seek joint ventures partnership with a Nigerian business? Get your feet wet by attending one or more of the exhibitions and fairs holding in various locations in Nigeria in 2010. Our company, Infoplus/IBG Nigeria is with you all the way as you plan your market entry strategies; and would deploy our knowledge of the conditions of the Nigerian market in assisting you. Email ibgnigeria@gmail.com or call our office on +234 1 8782864 for more information. Below is a partial list of Exhibitions and Fairs approved by NACCIMA to hold in 2010. INTERNATIONAL TRADE FAIRS 2010 Name: 31st Kaduna International Trade Fair Date: Friday, 19th – Sunday, 28th February 2010 Venue: Kaduna International Trade & Investment Centre, Kaduna 1 Organiser: Kaduna Chamber of Commerce & Industry KM 4 Kaduna-Zaria Road, Rigachikun Kaduna State Tel: 234-062-3...