Archives Tag: family businesses in nigeria
Family Businesses in Nigeria: FCMB Group
April 19, 2022
First City Monument Bank Limited is a full-service banking group that offers personal, business and corporate themed financial services to customers. FCMB Group aspires to become Africa’s premier provider of financial services by delivering superior and sustainable returns to its shareholders. Founder of FCMB Limited, Oloye Subomi Balogun was born into a Yoruba noble family … Continue reading Family Businesses in Nigeria: FCMB Group
Family Businesses in Nigeria: Orange Group
April 19, 2022
On the 20th of July 1988, Tony Ezenna set to work on his entrepreneurial dreams. After over a decade spent in dedication to his father’s business, he launched Orange Drugs Limited, the flagship venture of the Orange Group. After decades of climbing up the ranks of indigenous FMGC (fast-moving consumer goods) companies, Orange Group Limited … Continue reading Family Businesses in Nigeria: Orange Group
Family Businesses in Nigeria: BUA Group
April 19, 2022
The BUA Group is a major foods and infrastructure conglomerate in Nigeria with interests in various sectors of Nigerian enterprise. It was originally established as a trading concern involved in the importation of rice, iron, and steel. Since its acquisition of oil plants in 1991, the company has spread its tentacles to the fields of … Continue reading Family Businesses in Nigeria: BUA Group
Family Businesses in Nigeria: Emzor Pharmaceuticals
April 19, 2022
One of Nigeria’s most recognized brands, Emzor Pharmaceutical Industries Limited is an indigenous group of manufacturers and distributors of medicine and medical equipment. The company aims to provide world-class healthcare products and services at locally affordable rates. Emzor Pharmaceuticals envisions itself as a crusader for wellness in Africa which is articulated through its “Wellocracy” theme … Continue reading Family Businesses in Nigeria: Emzor Pharmaceuticals
Family Businesses in Nigeria: Honeywell Group
April 19, 2022
Honeywell is a privately owned Nigerian business group with investments in diverse fields including food, hospitality, energy, and real estate. They aspire to grow into a principal Pan-African brand adding value across the continent through enterprise. This commercial giant was founded by Oba Otudeko, a business mogul and one of Nigeria’s richest men. And although … Continue reading Family Businesses in Nigeria: Honeywell Group
Family Businesses in Nigeria: Nigeria America Line
April 19, 2022
The name T.Y. Danjuma rings a bell in Nigerian political discourse, especially in relation to the country’s military past. However, T.Y. Danjuma is also associated with some of Nigeria’s illustrious business concerns, one of which is the Nigeria America Line (NAL). Starting out as a small shipping enterprise in Apapa Lagos, NAL-COMET Group has grown … Continue reading Family Businesses in Nigeria: Nigeria America Line
Family Businesses in Nigeria: Yinka Folawiyo Group
April 19, 2022
The Yinka Folawiyo Group is one of Nigeria’s long-lived conglomerates. Known for its involvement in the energy sector, it has operated in diverse industries for over fifty years. It owes its longevity to its ability to move with the predominant interests of the time, in line with the evolution of the local economy. Younger Nigerians … Continue reading Family Businesses in Nigeria: Yinka Folawiyo Group
Family Businesses in Nigeria: Coscharis Group
April 19, 2022
Dr Cosmas Maduka says he has been inspired to “build an institution that will be timeless in its relevance.” As far as he is concerned, he’s creating that institution in Coscharis Group, the enterprise he currently runs. From its humble beginnings as an auto spare parts dealer, it has evolved into a multi-faceted conglomerate … Continue reading Family Businesses in Nigeria: Coscharis Group
Family Businesses in Nigeria: BISROD Furniture Company
April 19, 2022
Nigeria’s wood and furniture industries embrace tens of thousands of wood harvesters, craftspeople, and merchants, who ply their trade in major clusters and smaller locations all over the country. There are a few fairly large businesses in the sector as well, some of them lasting several decades and involving multiple generations of owner-families. One of … Continue reading Family Businesses in Nigeria: BISROD Furniture Company
Family Businesses in Nigeria: Elizade Nigeria Limited
April 19, 2022
The main building at Elizade University is shaped like a star with six rays. The design might tell us something about the institution’s mission, or about its architect’s aesthetic tastes. But it probably also points to the life of its founder, Michael Ade-Ojo, who emerged from a lowly background to build one of Nigeria’s most … Continue reading Family Businesses in Nigeria: Elizade Nigeria Limited
Family Businesses in Nigeria: Dangote Group
April 19, 2022
The Dangote Group looms large on Nigeria’s economic landscape. The vast business empire dominates cement and sugar production in the country and is a major player in the food and beverage industries. It also has a significant presence in the transportation and property management sectors and has recently forayed into the energy space. The group’s … Continue reading Family Businesses in Nigeria: Dangote Group
Family Businesses in Nigeria: The Ibru Organization
April 19, 2022
As a town, Agbarha Otor doesn’t strike one as significant; at best, it seems like a stop on the way to or from Ughelli, a larger urban center to its South West. But its inhabitants aren’t bothered by this. They rest in the pride that a kinsman of theirs founded one of Nigeria’s largest and … Continue reading Family Businesses in Nigeria: The Ibru Organization
