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Expert reviews and opinions from financial analysts, economist, professionals, business leaders and leading experts in Nigeria.

Have an intriguing and clear story.  Having a relateable story that solves a burning need makes people more willing to give you their money. So you need to be able to express very clearly what your intentions are and their significance. You have to be prepared to consistently put...
In recent times, we at McBrain & Company have had lots of people come to us with lots of cool business ideas and in many cases we have even taken the pride of drawing up some pretty kool business plans and/or proposals for them after hearing most talk with...
The Entertainment and Media (E&M) industry has become a gold mine in the most advanced economies and other developing markets are just beginning to harness it. For the purposes of this piece, E&M hereinafter refers to commercial activities related to the production, marketing, distribution, broadcast, licensing or other exploitation...
Due to the rise in internet penetration, the gaming industry has continued to expand, benefiting immensely from the large tech savvy population, and increasing access to internet-enabled smart devices. Sports betting has slowly emerged as a lucrative segment, leveraging Nigeria’s huge football culture. Some of the big leagues, such as...
Let me start with an apology. I was meant to publish the second episode of the ongoing series on capital raising, however, I got interrupted by this Andela story. I hope to continue the series next week, if I don’t have to make a rejoinder to this story. From what...
The 2017 9 months results of Nigeria’s tier one banks, comprising FBN Holdings, UBA, GT Bank, Access and Zenith (FUGAZ,) showed a combined earnings of about N451.8 billion from treasury bills and government bonds, compared to N270 billion earned same period in 2016. The top 5 banks made a combined...
Images which stuck in my memory from childhood were those of groundnut pyramids in the North, the rubber and palm oil plantations of the East and the Cocoa plantations of the Western parts of Nigeria. Among these, cocoa farming in Nigeria presents one of the best investment opportunities. Cocoa was...
The global desire for infrastructural development is insatiable especially in an emerging market like Nigeria where there is a growing concern about the state of infrastructure. The World Bank puts global infrastructural need at an estimated $3.7trillion of which only $2.7 trillion is met on an annual basis. The infrastructural...
Globalization, software and the Internet are changing the world faster than we all can catch up. From election hacking to disruption of transportation to the global domination of US and Chinese technology companies, we are clearly still at the beginning of a new age. The question every citizen, business or...
You can call this the first episode of our series of posts trying to show founders or start up teams why their business is unable to raise outside capita especially from VCs. Today, we’ll be discussing the importance of your team or the founder to a business’ capital raising...
Once upon a time, all there was to public transportation was hopping on buses or hailing taxis on the roadsides. Then came the e-taxi era with the arrival of global ride company, Uber in Nigeria in 2014. Since then, when it came to getting comfortable rides across the city...
The Security and Exchange Commission, SEC, on Wednesday issued instruction to the Nigerian Stock Exchange to place the shares of Oando Plc on technical suspension. The exchange was further requested to place the stock on full suspension for 48 hours and then place it on technical suspension till further notice. This...
About two years ago, Nigerian bonds went from being a highly sought after asset to a “must avoid” country for most GEM and Frontier managers. Oil prices went south as well as oil exports, the Central bank decided to adopt strict currency controls, this saw the black market trade...
At the inception of this Government, economic indices were somewhat stable: Inflation was single digit, fuel price was below the N100 mark, consumer price index was responsible and capacity utilization was bearable. But dark clouds loomed; there was massive pillage of oil receipts occasioned by the ballooning petrol subsidy...
If you have been observer of the Nigerian economy in the past few years you must have read about the pending debt crisis. The story has been brought to the front burner again recently with the request by the federal government to sell $5.5bn worth of Eurobonds. The question...
Usually, a text message alert from a commercial bank is common for Mr Deji, a forex dealer in Lagos, Nigeria's commercial hub. But there was something strange about this message which suggested that this was going to be a very unusual day. It was as if his eyes were...
National debt is an emotive issue, as well as an economic one. The thought of saddling future generations with unserviceable debt, is not conscionable and certainly not part of the President Muhammadu Buhari-led-administration’s agenda. It is therefore, worthy of an intervention on my part to explain the history, the...
The past decade has been a very interesting one in Nigeria. We have grown as a people and have caught up with globalization trends. The emergence of indigenous and multinational telecommunication companies (“Telcos”) , FMCGs, and a host of other companies have been great additions to our country in...
CAP Plc, a subsidiary of UACN Plc is in the paintings and coatings business. The company was established originally as ICI investments limited in 1957, but became ICI Nigeria Limited in 1965. Following the promulgation of the Indigenization decree in 1972 and 1977, ICI Nigeria Limited sold 40%, and...
“Konga.com is Nigeria’s largest online mall. We launched in July 2012 and our mission is to become the engine of commerce and trade in Africa.” Source: https://www.konga.com/about-us/ Konga’s claims about itself can be debatable, but one thing is clear, Konga’s business is to facilitate commerce and trade in Africa (well,...
Not more than a year ago, the Federal Government set up a committee to review the Orosanye Report. In case you forgot, the Orosanye Report was the outcome of the moves by the previous administration in a bid to reduce the cost of governance by looking into the various...
Freelance jobs are quickly topping the chart on the most common job opportunities list recently. There are so many freelance gigs available and with the situation of the economy, workers assume that they say no to freelance gigs they see regardless of how unfavorable the working conditions may be....
“Large firms are more productive and more profitable than their more modestly-sized counterparts. They also pay higher wages and are more competitive in international markets. Not surprisingly, economically more successful countries have a greater share of large firms.” The above statement is a key summary from a recent paper published...
Here is something you’ve probably not heard regarding agriculture in Africa, African farmers are old. Think about it for a second. Do you know anyone that owns a farm? What is the age of this person? According to the United Nations Development Programme (“UNDP”) dataset, the average Kenyan farmer is...
Funds transfer in Nigeria has come a very long way. Today, if you want to transfer money to your kid in a University located in another state, all you need to do is open your banking application and punch in the amount, select bank and beneficiary and in seconds...
As is customary ahead of the start of its two day monetary policy retreat for September 2017, the Central Bank of Nigeria (CBN) released the personal statements of members of the monetary policy committee (MPC) from the July meeting. In one of the statements, Dr. Doyin Salami, stated that...
I watched the movie, The Big Short, a while ago. The movie piqued my interest in Finance particularly in how the unorthodox manoeuvers in the American financial sector brought the “Most Powerful Country” in the world to a recession. So when Nigeria plunged into an economic recession, I was quite...
The Federal Government of Nigeria recently approved the eligibility of 27 additional industries for possible grant of pioneer status incentive (PSI). This move is coming on the heels of the National Economic Recovery and Growth Plan (ERGP), which aims to stimulate and strengthen economic growth by boosting the level...
In today's business world, you are trying as much as possible to protect your own interests as a businessman. When those interests are not in line with that of your business partners or competitors, contract disputes may arise. The question of how to resolve these disputes then arises... Do...
This is a narration on a stock market phenomenon called 14.29. It explains how the stock prices of some listed companies act suddenly to achieve determined outcomes, often in a way that surprises small investors and stock traders. The term 14.29 was coined by a very good friend of the...