Modular Refineries and Oil Servicing Firms: Managing Risks While Scaling Let me ask you a question that separates successful modular refinery operators from the ones that struggle. What keeps you awake at night? Is it crude supply? Equipment reliability? Regulatory approvals? Community relations? Financing costs? If you are like most operators in Nigeria’s downstream petroleum sector, the answer is all…
Mergers as a Survival Strategy for Nigerian Manufacturing Companies Let me tell you something that too many Nigerian manufacturers are learning the hard way. The pressure you are feeling is not going away. Energy costs that are among the highest in the world relative to productive output. Import-dependent raw material supply chains perpetually vulnerable to naira movements. Competition from imported…
Long-Term Strategy in Nigeria’s Fast-Changing Consumer Market Let me tell you something that separates successful Nigerian consumer businesses from the ones that struggle. They hold two truths that seem to contradict each other. The first truth is that Nigeria’s consumer market is one of the most dynamic, most demographically compelling, and most strategically significant consumer markets on the African continent.…
