JOIN CFO NIGERIA

If you are a finance professional working in, or with Nigeria, join this platform today. It is completely free. Boost your career, your company and your knowledge.  We look forward meeting you on one of our next events.

Does your company wish to share knowledge and resources with CFOs? Contact avangroningen@cfo.ng

Business News

Egbin power plant may be shut over rising debt

The nation’s electricity woes may worsen in the coming weeks as liquidity and gas supply issues are threatening the operation of its biggest power station, Egbin. The Managing Director and Chief Executive Officer, Egbin Power Plc, Mr. Dallas Peavey Jr., told our correspondent in an exclusive interview that the owners of the plant might be […]

Egbin power plant may be shut over rising debt

Oil prices rise ahead of OPEC meeting

Oil prices rose over the week despite late profit-taking, as traders switched attention to a looming meeting of key producers to discuss the long-standing supply glut. Russia and members of the OPEC oil cartel led by Saudi Arabia will gather in Algeria for three days from Monday and are expected to discuss a stubborn oversupply […]

Oil prices rise ahead of OPEC meeting

FIRS forces 700,000 firms to pay tax

The Federal Government has3 hunted down 700,000 firms that have never paid taxes as it seeks new revenue sources to offset low oil prices that have pushed the country into its first recession in more than 20 years. The Executive Chairman, Federal Inland Revenue Service, Tunde Fowler, said in an interview with Reutersthat he also […]

FIRS forces 700,000 firms to pay tax

 

The Federal Republic of Nigeria, known as Nigeria, is Africa’s most populous country. Globally, Nigeria is 10th largest by population having approximately 137,253,133 million people and a GDP of $238.920 billion. Nigeria shares land borders with the Republic of Benin, Chad and Cameroon, Niger and the Gulf of Guinea.


The most popular African business destination is Nigeria, second only to South Africa. The Nigerian currency is the Naira. (1.00 EUR = 207.30 NGN) 

The country has abundant resources waiting to be responsilby exploited. The market is large and includes 120 million people in sub-Saharan Africa. The potential market stretches into the growing West Africa sub-region.

As of December 31, 2012 the Nigerian Stock Exchange had 198 listed companies with a total market capitalization of approximately N8.9 trillion ($57 billion).

The Nigerian Government has created a free market economy for business and industrial ventures signaling a favorable environment for streamling administrative and bureaucratic procedures. This will lead to a dynamic private sector, in turn assuring great opportunities under the present economic environment.

A CFO Community is now being initiated in Nigeria. Are you a trusted advisor or supplier to the CFO Office? Perhaps you will join us in supporting the launch of CFO Nigeria - Contact us here.

Blog Posts

Bikash Prasad, CFO South and East Africa at Olam International: Contributing to Africa’s agricultural future

“Africa should be a net food exporter, but it is a net importer at the moment,” says Bikash Prasad, CFO South and East Africa at Olam International, a Singapore-headquartered integrated supply chain managing firm and processor of agricultural products and food ingredients. The Durban-based Prasad has a passion for the continent. “We want to play an important role in the growth of Africa,” he says. 

Olam International started in 1989 as a cashew nut producer in Nigeria and…

Continue

Posted by CFO Nigeria on September 23, 2015 at 13:00

CFO of the Week: MTN’s Brett Goschen, part 2: stick to ethical business in Africa

After conquering Nigeria and Ghana for MTN in various CFO and CEO roles, Brett Goschen was ‘redeployed’ last year as Group CFO. Today we publish PART 2 of an exclusive interview with Goschen, in which he explains how to successfully do business in West Africa.

Click…

Continue

Posted by CFO Nigeria on September 21, 2015 at 13:00

CFO of the Week: MTN’s Brett Goschen, part 1: successfully playing devil’s advocate

After conquering Nigeria and Ghana for MTN in various CFO and CEO roles, Brett Goschen was ‘redeployed’ last year as Group CFO. Today we publish PART 1 of an exclusive interview with Goschen, in which he talks about the business support role of a CFO and the challenges a mobile…

Continue

Posted by CFO Nigeria on September 20, 2015 at 13:00

Going to Ghana? Why CFOs shouldn’t lose out

Last week on the plane from Accra to Amsterdam, the lady next to me asked me: “Do you work for a NGO or for the government?” “Neither, I represent a private company and I just visited our branch office in Ghana”, I replied. This question from my fellow traveler illustrates the out-of-date image that many people still have of Africa: Africa as the continent where aid dominates the economy and all countries are the same.

Obviously, this image does not comply with reality.…

Continue

Posted by CFO Nigeria on September 19, 2015 at 13:00

Members

 
 
 

Founded by CFO Africa

CFO Nigeria is founded by CFO Africa, a pan African network for senior finance professionals. CFO Africa connects professionals online and live in order to share knowledge, exchange interests and open up business opportunities. CFO Africa operates in Nigeria, KenyaSouth Africa and is looking for partners to launch activities in other African countries. www.cfoafrica.net

Latest Activity

CFO Nigeria posted a blog post

Bikash Prasad, CFO South and East Africa at Olam International: Contributing to Africa’s agricultural future

“Africa should be a net food exporter, but it is a net importer at the moment,” says Bikash Prasad, CFO South and East Africa at Olam International, a Singapore-headquartered integrated supply chain managing firm and processor of agricultural products and food ingredients. The Durban-based Prasad has a passion for the continent. “We want to play an important role in the growth of Africa,” he says. Olam International started in 1989 as a cashew nut producer in Nigeria and still has a strong…See More
Sep 23, 2015
CFO Nigeria posted a blog post

CFO of the Week: MTN’s Brett Goschen, part 2: stick to ethical business in Africa

After conquering Nigeria and Ghana for MTN in various CFO and CEO roles, Brett Goschen was ‘redeployed’ last year as Group CFO. Today we publish PART 2 of an exclusive interview with Goschen, in which he explains how to successfully do business in West Africa.Click…See More
Sep 21, 2015
CFO Nigeria posted blog posts
Sep 20, 2015
CFO Nigeria posted blog posts
Sep 18, 2015
CFO Nigeria posted a blog post

Dick Borsboom, Regional CFO Dangote Industries: Employees key to success

“Employees are the key to success in every company,” says Dick Borsboom, the Nigeria-based Regional CFO for Dangote Industries in East and Southern Africa. The Dutch national is an experienced finance leader and joined cement firm Dangote in August 2012 to broaden his horizons even further. Borsboom has a lot of great tips for Nigerian and other African CFOs, many of them boiling down to engaging staff in decision making. “Negative management – do this or else – is something we should move away…See More
Dec 3, 2013
kolawole folusho micheal is now a member of CFO Nigeria | Finance Professionals Nigeria
Aug 14, 2013
Profile IconCFO Nigeria | Finance Professionals Nigeria now has blogs
Jul 3, 2013
CFO Nigeria posted a blog post

Bonface Ndawala - Group Financial Control Executive Globacom: "The CFO’s job is going to get more complicated in the future"

The fastest growing telecommunication company in sub-Saharan Africa, Globacom provides world class cutting edge technology and designs telecom solutions to suit the needs of various publics, irrespective of size. As a company, Globacom recently made history as the first single company to build an $800 million high-capacity fiber-optic cable, known as Glo-1. It is the first successful submarine cable from the United Kingdom to Nigeria; and it will decrease telecom costs and provide very reliable…See More
Jul 3, 2013
CFO Nigeria is now a member of CFO Nigeria | Finance Professionals Nigeria
Jul 3, 2013
Kleo Nikolaidis is now a member of CFO Nigeria | Finance Professionals Nigeria
May 16, 2013
Melle Eijckelhoff is now a member of CFO Nigeria | Finance Professionals Nigeria
May 6, 2013
F.P. van Oudtshoorn is now a member of CFO Nigeria | Finance Professionals Nigeria
May 5, 2013
Alex van Groningen (CFO Nigeria) updated their profile
May 2, 2013
Jurrien Morsch updated their profile
May 2, 2013
Jurrien Morsch is now a member of CFO Nigeria | Finance Professionals Nigeria
May 2, 2013
Alex van Groningen (CFO Nigeria) posted a page
Apr 27, 2013

© 2016   CFO Africa | Contributing to the growth of Africa   Powered by

Badges  |  Report an Issue  |  Terms of Service