Insights

Short, practical notes on buying, owning and selling Nigerian businesses. Written from the buyer’s side of the table.

  • 10 October 2026

    The dollar value of a naira business

    A Nigerian business that has grown its naira earnings since 2023 may still be worth less in dollars. Buyers price both. Sellers should too.

  • 10 October 2026

    Acquisition debt at a 23% policy rate

    The Central Bank of Nigeria cut its policy rate to 23% in September 2026. Debt is cheaper than it was. It is not cheap.

  • 10 October 2026

    Succession without a successor

    Many Nigerian businesses are still owned by the people who founded them. The sale that ends that ownership is best planned years before it happens.

  • 10 October 2026

    What diligence finds

    Most transactions that stall in diligence stall on the same few issues. Each of them can be fixed before a buyer arrives.

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