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Retail in Nigeria is transforming

The retailing sector in Nigeria, Africa’s largest economy continues to expand, with value sales increasing strongly and faster than real GDP. Growth is being fuelled by the increase in the size of the Nigerian population (particularly in urban areas) estimated at about 160 million and growing at about 2% annually. Other factors are increasing disposable incomes among some segments of the population, the drive by some retailers to ‘modernise ‘retailing and encouraging government policies such as "cashless economy".

Retail in Nigeria is beaming with potentials and opportunities.

We project that Retail in Nigeria will grow at 12.5% CAGR  and Formal Retail will double in 5 years! 

 Nigeria is Open for Business
Following the ongoing transformation of the Nigeria Retail Landscape, huge opportunities are open to retailers, investors and service providers to exploit in the market. Such areas for consideration includes;

-      Direct Investment

-      Franchising

-      Technology

-      Human Capacity Development

And more.

For your seamless entry into the Nigerian retail market, Bervidson will lead you in!!!

For Retailers, Investors and Service Providers seeking to leverage these opportunities, Bervidson International has the local knowledge, expertise and network to facilitate your seamless entry into the Nigerian market;

-      Feasibility Studies & Entry Strategy Advisory

-      Government Liaison

-      Background Checks/Investigations

-      Legal Advisory

-      Financial Advisory, Local Partnerships and SPVs

-      Real Estate Support

-      Human Capital Support

We have worked with more than 50 companies (including Fortune 500 companies) in Nigeria.

Thinking of investing in one of the world’s fastest growing economies and Africa’s biggest economy and benefit from the size and growth inherent in the Nigerian opportunity, the time to act is now.