Year In Review

Big Year

President Buhari's administration is signaling strong fiscal support and industry-approved leadership for the market in 2016, following a shaky first few months in which the markets saw low investor interest.

Interview

Muhammadu Buhari, President, Nigeria

TBY talks to Muhammadu Buhari, President of Nigeria, on renewing the national political system, the primary goals of his administration, and the broader vision for the country's future.

Interview

Olusegun Obasanjo, former President, Nigeria

TBY talks to Olusegun Obasanjo, former President of Nigeria, on the legacy of his presidency and what he wants for Nigeria going forward.

Focus: Peace and Stability

A New Age

The smooth handover of power from one political party to another was a landmark success for the country where an incumbent president was unseated by the opposition.

Guest Speaker

Jacob Zuma, President, South Africa

TBY talks to Jacob Zuma, President of South Africa, on the country's enduring strategic partnership with Nigeria, and the importance of intra-African relations.

Guest Speaker

Charles Michel, Prime Minister, Belgium

TBY talks to Charles Michel, Prime Minister of Belgium, on bilateral opportunities to expand trade ties, the value of strong mutual objectives, and the potential for Nigeria to diversify its footprint in the EU market.

Interview

Femi Adesina, Special Adviser , President

TBY talks to Femi Adesina, Special Adviser to the President, on representing the new administration and engaging with the public through new forms of media.

Roundtable

Business Leadership

A number of big names in the world of Nigerian business discuss their businesses' impacts on the economy and their expectations for the future.

Interview

Ronald Chagoury Jr., Vice Chairman, South Energyx Limited

TBY talks to Ronald Chagoury Jr., Vice Chairman of South Energyx Limited, on the real estate investment environment in the country and the Eko Atlantic project's role in driving Lagos forward.

Focus: PPPs and Concessions

On the Road

Nigeria's infrastructural deficit is difficult to calculate. The need for electricity, inadequate roads, crowded ports, and the absence of trains to transport goods have inspired the creation of PPPs to fund projects that will get the economy back on track.

Interview

Simone Volpi, Business Development Director , Orlean Invest Africa Group

TBY talks to Simone Volpi, Business Development Director of Orlean Invest Africa Group, on their involvement with Eko Atlantic, and the economic potential of Lagos.

Interview

Ibiene Ogolo, Chief Responsibility Officer, Eko Development Company

TBY talks Ibiene Ogolo, Chief Responsibility Officer of Eko Development Company, on the development of the Eko Atlantic project and its future impact.

Interview

Elias Saad, Chairman, Eko Pearl Towers

TBY talks to Elias Saad, Chairman of Eko Pearl Towers, on developing a high-end real estate project in Nigeria and the benefits of investing in the country.

Focus: Tariffs

Let’s Trade

In the past year, tariffs have taken on a life of their own. With much of the GDP driven by oil revenues, the country is reliant on the volatile energy market, and economic problems caused by reduced oil prices have become a recurrent headache for Nigeria.

Interview

Otunba Olusegun Jawando, Chairman, Lekki Free Zone Development Company

TBY talks to Otunba Olusegun Jawando, Chairman of Lekki Free Zone Development Company, and Yonghua Ding, Managing Director of Lekki Free Zone Development Company, on the purpose of the new port and their expectations for the short term.

Interview

Tunde Fowler, Chairman, Federal Internal Revenue Service (FIRS)

TBY talks to Tunde Fowler, Chairman of Federal Internal Revenue Service (FIRS), on collaboration among Nigeria's collection agencies, leveraging technology to increase efficiency, and aligning tax codes with an increasingly digital economy.

Interview

Dr. Musa A. Musa, Group Managing Director & CEO , Abuja Investments Company Limited (AICL)

TBY talks to Dr. Musa A. Musa, Group Managing Director & CEO of Abuja Investments Company Limited (AICL), on developing Abuja, supporting foreign investors, and looking toward growth in the future.

Vox Populi

Security Challenges

Private firms are providing the economy with the necessary support to ensure security and stability, and reduce corruption across the board.

Focus: Transparency

New Rules

Since taking office and inheriting a cynical population, President Muhammadu Buhari has made transparency a keyword for his administration.

Interview

Femi Otedola, Chairman, Forte Oil

TBY talks to Femi Otedola, Chairman of Forte Oil, on the current economic situation, the company's role in the sector, and downstream development.

Interview

Wale Tinubu, Group Chief Executive, Oando

TBY talks to Wale Tinubu, Group Chief Executive of Oando, on regulatory developments and growth through strategic acquisitions and sales.

Interview

Chief Tunde J. Afolabi, Chairman & CEO , Amni International Petroleum Development Company

TBY talks with Chief Tunde J. Afolabi, Chairman & CEO of Amni International Petroleum Development Company, on oil prices and how the company works with local and international companies.

Interview

Ernest Azudialu-Obiejesi, CEO & Group Managing Director , Obijackson Group

TBY talks to Ernest Azudialu-Obiejesi, CEO & Group Managing Director of Obijackson Group, on the OB3 Project, current investments, and the company's facilities.

Interview

Felix Valentine, Managing Director & CEO , Energia

TBY talks to Felix Valentine, Managing Director & CEO of Energia, on joint ventures, recent developments, and production levels.

Interview

Ike Ejizu, CEO & Founder, Pan African International (PAI) Group

TBY talks to Ike Ejizu, CEO & Founder of Pan African International (PAI) Group, on opportunities in the market, the Ascot Facility, and his expectations for 2016.

Focus: Increasing Capacity

The Force Awakens

Interview

Dr. Amy Jadesimi, Managing Director , Lagos Deep Offshore Logistics Base (LADOL)

TBY talks to Dr. Amy Jadesimi, Managing Director of Lagos Deep Offshore Logistics Base (LADOL), on low oil prices, the first domestically constructed FSPO, and the Petroleum Industry Bill (PIB).

Interview

Amin J. Ilyas, Chairman, Cratos Group

TBY talks to Amin J. Ilyas, Chairman of Cratos Group, on the group's strategy, partners, and diversification.

Interview

Lucky Akhiwu, GMD, Oilflow Services

TBY talks to Lucky Akhiwu, GMD of Oilflow Services, on rethinking strategy, working with government policymakers, and creating a vision for the future of Nigerian energy companies.

Interview

Nicolas Terraz, Managing Director, Total E&P Nigeria

TBY talks to Nicolas Terraz, Managing Director of Total E&P Nigeria, on Total's diversified assets in Nigeria and the future of natural gas development in the country.

Focus: Deepwater exploration

Deep Blue

In the face of uncertainty in the oil and gas sector, deepwater fields are a bright spot and magnet for FDI.

Focus: Petroleum Industry Bill

Breakin’ Up is Hard to Do

Stranded in legislative deadlock for six years, the Petroleum Industry Bill (PIB) is a compilation of around 16 separate reforms to Nigeria's oil and gas sector.

Interview

Oladele Amoda, Managing Director & CEO, Eko Electricity Distribution Company,

TBY talks to Oladele Amoda, Managing Director & CEO of Eko Electricity Distribution Company, on the state of the distribution sector and future prospects.

Interview

Aliko Dangote, Chairman, Dangote Group

TBY talks to Aliko Dangote, Chairman of Dangote Group, on rising profits, listing on international stock markets, and plans for the year ahead.

Interview

lhaji Abdulsamad Rabiu, Chairman, BUA Group

TBY talks to Alhaji Abdulsamad Rabiu, Chairman of BUA Group, on diversifying business lines, imports and exports, and the potential effects of new legal reforms.

Interview

Adejare Olaoluwa, Managing Director & CEO , Bank of Industry

TBY talks to Adejare Olaoluwa, Managing Director & CEO of the Bank of Industry, on a focus on SMEs, diversification, and audits by global ratings agencies.

Focus: FMCG

If it Fits

Nigeria is a fast-growing frontier for fast-moving consumer goods (FMCG) companies, and the youthful and growing population is acquiring an ever-growing appetite for packaged food.

Focus: Industrial policy

Made in Nigeria

After years of decline in the industrial sector, various regulations have been introduced in an effort to boost local manufacturing, including the restriction of imports for several commodities.

Interview

Pascal G. Dozie, Chairman of MTN, Diamond Bank

TBY talks to Pascal G. Dozie, Chairman of MTN, Diamond Bank, and Kunoch Limited, on doing business in Nigeria, how the bank has evolved over the years, and the prospects for 2016.

Interview

Prof. Umar Garba Danbatta, Executive Vice Chairman & CEO, Nigerian Communications Commission (NCC)

TBY talks to Prof. Umar Garba Danbatta, Executive Vice Chairman & CEO of the Nigerian Communications Commission (NCC), on encouraging private sector investments in broadband, improving access to ICT services, and the government's vision for leveraging technology to drive growth.

Interview

Hakeem Bello-Osagie, Chairman, Etisalat

TBY talks to Hakeem Bello-Osagie, Chairman of Etisalat, on breaking into the market, mobile banking, and the regulatory environment in Nigeria.

Focus: E-commerce

Line Them Up

E-commerce is one of the fastest growing sectors in the country, but logistical problems and customer wariness must be overcome first.

Interview

Peter Jack, Director General & CEO, National Information Technology Development Agency

TBY talks to Peter Jack, Director General & CEO of the National Information Technology Development Agency, on facilitating investment and partnering with private and public actors to promote IT development.

Interview

John Ugbe, Managing Director, MultiChoice Nigeria

TBY talks to John Ugbe, Managing Director of MultiChoice Nigeria, on the video entertainment business and the rise of Nollywood.

Interview

Niyi Yusuf, Country Managing Director , Accenture

TBY talks to Niyi Yusuf, Country Managing Director of Accenture, on embracing technology, the challenges and advantages of the Nigerian market, and recruiting the best talent in the country.

Focus: Innovation and Investment

Tech Boom

Nigeria has emerged as West Africa's hub for start-ups and innovation. Lagos in particular has made its mark on the tech world, with dozens of start-ups based there and dozens more on the way.

Interview

Bayo Adio, Managing Director & CEO, Optimum Exposures

TBY talks to Bayo Adio, Managing Director & CEO of Optimum Exposures, on outdoor advertising, digital platforms, and finding new markets outside of the major cities.

Interview

Haruna Baba Jauro, Executive Director of Administration & Finance, Nigerian Maritime Administration & Safety Agency (NIMASA)

TBY talks to Haruna Baba Jauro, Executive Director of Administration & Finance for the Nigerian Maritime Administration & Safety Agency (NIMASA), on its role in the maritime industry, and renewed optimism in the sector.

Focus: New Projects

Fall into the gap

For a nation of 170 million people, Nigeria's massive infrastructural gap is debilitatingly wide.

Interview

Niyi Oguntoyinbo, CEO, Philly and Mools Group

TBY talks to Niyi Oguntoyinbo, Chief Executive Officer of the Philly and Mools Group, on expanding employment through the transport sector, enhancing the local transport culture, and increasing efficiency through innovation.

Interview

Mirko Plath, Managing Director, Weststar Associates

TBY talks to Mirko Plath, Managing Director of Weststar Associates, on how the Daimler brand is positioned in Nigeria and the challenges and opportunities in the market.

Interview

Richard Nyong, Managing Director & CEO, Lekki Gardens

TBY talks to Richard Nyong, Managing Director & CEO of Lekki Gardens, on the company's competitive advantages, and the medium-term forecast for the real estate sector.

Review: Construction

Made in Nigeria

The construction industry's importance cannot be underestimated, given its rise in the past five years, in particular. Central to construction's success has been cement, and Nigeria is now Africa's number one cement producer, having surpassed Egypt in 1H2015.

Focus: Construction of Eko Atlantic

Giant Steps

A massive land reclamation project is changing the Lagos skyline, and setting the stage for a modern, efficient city.

Review: Agriculture

Grains of Hope

Long eclipsed by the oil boom, Nigeria's oldest industry could be about to reinvent itself as a flagship sector, improving the country's self-sufficiency and putting agriculture once more at the heart of the economy.

Interview

Paul M. Gbededo, Managing Director, Flour Mills of Nigeria (FMN)

TBY talks to Paul M. Gbededo, Managing Director of Flour Mills of Nigeria (FMN), on the health of the sector, a bid to raise capital, and expectations for the future.

Interview

Onajite Okoloko, Managing Director & CEO, Notore Chemical Industries

TBY talks to Onajite Okoloko, Managing Director & CEO of Notore Chemical Industries, on the challenges facing the fertilizing industry and how the government and private sector can work together to resolve them.

Focus: Meat Production

A Lot on The Plate

A demand for higher quality meat and to reduce the reliance on imports is creating a lot of potential in the domestic meat market for Nigerians, but they must overcome a number of barriers first.

Review: Health

Access for All

Nigerian healthcare is focused on extending access, especially to the 70% or so that live below the poverty line. The relative under-investment in health services means there is an important role for the private sector to play in assisting the state in its efforts to improve standards and widen access.

Interview

Paul Orhii, Director General, NAFDAC

TBY talks to Paul Orhii, Director General of NAFDAC, on how to increase the penetration of Nigerian goods in international markets.

Interview

Lekan Asuni, Managing Director, GSK Pharmaceutical Nigeria

TBY talks to Lekan Asuni, Managing Director of GSK Pharmaceutical Nigeria, on changing patterns of consumption, the potential for reform, and the importance of eradicating counterfeit pharmaceuticals.

Review: Education

New Kids On the Block

A new education minister and renewed efforts to battle the systemic inadequacies facing the sector have injected a sense of hope into education from the primary to tertiary levels.

Review: Tourism

On Board

The middle class in Nigeria is beginning to make their presence know in global markets, but at home, the challenge is to provide world-class offerings that can compete.

Focus: The Music Scene

Grindin’

While the music business in Nigeria struggles to offset declining CD sales, artists are finding opportunities in sponsorships and more inclusive signing deals.

Review: Doing Business

The Knowledge

With the myriad opportunities to be unlocked within Africa's largest economy, prior knowledge of the laws and regulations is vital if the newcomer is to succeed.

Review: Accountancy

Time to Invest!

KPMG outlines Nigeria's business and tax environment, highlighting the country's key sectors and investment incentives.

Interview

Seyi Bickersteth, National Senior Partner , KPMG Professional Services,

TBY talks to Seyi Bickersteth, National Senior Partner of KPMG Professional Services, Nigeria, on the changing tax regime, transparency, and staying ahead.

Review: Legal

Clear Sky Forecast

Theophilus I. Emuwa, Partner at ǼLEX, outlines important legislative changes affecting investment decisions amid the transition to Nigeria's new federal government administration.

Interview

Theophilus I. Emuwa, Partner , ǼLEX

TBY talks to Theophilus I. Emuwa, Partner at ǼLEX, on the nuances of investing in Nigeria, impediments to growth, and the nature of taxation in the country.