Business Insights Archives - Page 6 of 8

02 May 18

Nigerian Business: The 8 Reasons to Get Involved

After almost a decade of gaining expertise in optimizing manufacturing plants and processes in North America and Europe, I returned to Nigeria after business school to build my Nigerian business – kpakpakpa Inc. Aside from always having that “calling” to come back home to Nigeria, after leaving in 2003…

26 Apr 18

Economy of Nigeria Overview – Quick Snapshot

The economy of Nigeria is the largest economy in Africa. With a rapidly growing population, where 75.2 percent of the population is younger than 35 years old and are moving towards urban areas, the economic outlook places Nigeria on the list of top 20 economies by the year 2030. This economic…

26 Apr 18

The Nigerian economy: short and long-term outlook

For any business manager or investor looking to enter an emerging market, it is important to be aware of the country’s economic outlook to better understand the macro-trends that are worth paying attention to. Therefore, as a manager looking to enter the Nigerian market, you should familiarize yourself with the…

19 Apr 18

Industries in Nigeria: Quick Analysis and Overview

As a manager at a multinational firm looking to enter the Nigerian market, you are probably looking for credible information on industries in Nigeria in an attempt to better understand the country’s market. It is important to understand details of your specific industry in Nigeria, to know where the opportunities…

18 Apr 18

The main challenges of doing business in Nigeria

When I started kpakpakpa Inc in 2014, I began with the simple idea of making it easier for people looking to conduct business in Nigeria to find credible information online. That idea grew into a mission and a business. Years after starting, the amount of information that you…

09 Apr 18

Nigeria Travel Guides: Preparing for Your Business Trip

As a new entrant in the Nigerian market, chances are you will have to consider several factors for a business trip to Nigeria. Using Nigeria travel guides like this one will let you know what to expect and help make your trip a productive and successful one. This article will…

09 Apr 18

Factors to be Aware of When Visiting Nigeria for Business

Before visiting Nigeria to attend to business matters, you should be aware of a few important factors to ensure that you have a productive and enjoyable trip. Knowing this information will also help you avoid or prepare for frustrating experiences that can occur while visiting Nigeria. However, as a…

09 Apr 18

Nigerian Culture and Why it is Important to Understand for Your Business

Prior to conducting business in a foreign country, understanding the country’s cultural landscape, people, beliefs, and cultural nuances are imperative. In fact, a business’s success as a new entrant in a market often hinges on the understanding of the cultural landscape of the country in question. This is why gaining…

05 Apr 18

Risk of Doing Business in Nigeria

Foreign companies looking to enter the Nigerian market might have a few concerns regarding the risk of doing business in Nigeria. However, multinational companies expanding into the Nigerian market should not look at the journey of establishing a business in Nigeria as a daunting and confusing process that contains many…

04 Apr 18

Business Etiquette in Nigeria

Now that you have been given an overview of business culture in Nigeria, you should learn more about other specific norms and customs to remain aware of while conducting business in this country. Learning more about business etiquette in Nigeria will help you foster professional relationships that will ensure the…