NIGERIA: A RETAILER’S DELIGHT!

In Nigeria, Retail is evolving (as in most emerging economies) into the key driver and enabler of Growth. Modern trade has remerged (grown by 12.5 CAGR over the last 15 years up to 2014. Traditional trade is evolving (with Open Markets becoming ultra-modern markets) and growing.

As Nigeria actively drives the diversification of the Economy, Retail is driving urban regeneration with Ultra Modern International Mall springing forth in all Key Cities of Nigeria. With leisure and social opportunities, the Nigerian Retail landscape is evolving to provide lifestyle options that drives economic velocity and leads to urban transformation.

Nigeria is indeed a retailer’s delight. Nigeria with a population of about 170 million people (the 7th largest in the world) and over 80 million people living in its metropolitan areas as well as a consumer spending in excess of about $125 billion a year and a fast-growing middle class is definitely the most promising market on the African continent.

 

 

According to the 2016 AT Kearney Global Retail Development Index, despite country’s economic recession, Nigeria Retail sector ranked 19th in the world and 3rd in Africa out of the 30 top developing countries for retail investment in the world, based on all relevant macroeconomic and retail-specific variable, grossing a total national sale of N38tn ($125bn) in 2016……. It is projected that Nigeria would continue to be the Africa’s single largest consumer market, controlling 15 per cent of overall growth in consumer spending by 2025.

To learn more about the Nigeria Retail Market, the emerging huge opportunities of the market and how to you can maximally take advantage of the growth opportunities the market offers, attend The Retail Leaders Conference – TRLC.

 


TRLC
as Nigeria’s preeminent gathering of Retail Thought and Practice Leaders, continues to guide the emerging retail industry along its best transformation path. The Conference is the ultimate go-to event for retail and retailing in Nigeria.

The 5th edition of TRLC will hold on June 21, 2018 at one of Nigeria’s most prestigeous hotels in – Eko Hotels & Suites, Victoria Island Lagos Nigeria. It promises to be bigger, better and is sure to host even more exciting opportunities for retail businesses and industry stakeholders with the theme:

“THE FUTURE OF RETAIL 2.0 – INNOVATE OR PERISH!”

 

 

For more information, call or email us, or visit our website today.

The Conference Secretariat
3B Hakeem Dickson Road, Lekki Phase 1, Lagos Nigeria
+234 1 291 7328, +234 803 343 4776, +234 809 334 4776, +234 808 933 8444
info@bervidson.com, www.retailleadersconference.com


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Click here for your RETAIL MANAGEMENT SUCCESS WORKSHOPS

 

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