CONGLOMERATES NIGERIA

An informative website on business conglomerates in Nigeria

Major Conglomerates in Corporate Nigeria

Nigerian business scenario has been dominated by large privately managed business conglomerates which have taken on diverse commercial activities and have grown exponentially over the past 25-30 years. Some of them have gone to list in the Nigerian stock markets and embarked on further expansion with the aid of public equity. Traditionally most of these conglomerates are family owned and managed but have senior professional managers running the show at the both the strategic and market levels.

In a complex market like Nigeria, only strong willed and capable players have managed to survive the tough business conditions and hectic competition. The composition of these conglomerates is a mix of foreign and local owned structures, with each organization creating a niche for themselves in the marketplace.


TOP CONGLOMERATES

TRANSNATIONAL CORPORATION OF NIGERIA
THE DANGOTE GROUP
MIKE ADENUNGA GROUP
OLAM GROUP
STALLION GROUP
CHURCHGATE GROUP
OANDO GROUP
A G LEVENTIS PLC


TRANSNATIONAL CORPORATION OF NIGERIA

WEBSITE: http://www.transcorpnigeria.com

Transnational Corporation of Nigeria PLC (Transcorp), is a corporate conglomerate based in Lagos, Nigeria. Formed in 2004, Transcorp holds investments in oil, power, tourism, and communication companies.

In 2006, Transcorp entered the news as the purchaser of NITEL, the Nigerian government-owned telecommunications provider.
Transnational Corporation of Nigeria Plc (“Transcorp”) was incorporated in 2004 in response to the need to establish a “Mega Corporation”, “created” in Nigeria and owned by all Nigerians, which will respond to market opportunities that require heavy capital investment not just at home but in the sub African region and around the world. Transcorp will be the vehicle to reposition Nigeria in Africa and the world, as a nation ready to compete in global markets. Transcorp is made up of Nigeria’s most influential business people and most successful businesses. Household names and the Nation’s premier brands are all part of Transcorp.


THE DANGOTE GROUP

WEBSITE http://www.dangote-group.com

The core business philosophy of the Dangote Group is to provide their customers with a high level of customer care and service. The group is continually investing in qualified staff and IT network that will ensure that these high levels of service is carried through into a market place that is becoming more sophisticated.

The Dangote Group has five regional offices located in strategic locations throughout Nigeria. Each of these offices has regional autonomy and responsibility for specific targets. By having these regional offices the Dangote Group ensures easy and frequent communication with all their customers, which again allows for superior customer care.

The group understands the inherent constraints of operating in a developing economy, and has structured their business around an extended value chain - thereby ensuring the care and service that the Dangote group has become known for. The group's primary activities are manufacturing, imports packaging and nationwide distribution. In line with the Nigerian Governments' stated objective of driving economic growth, importation of raw material will gradually be replaced by the manufacturing or cultivating of these materials within Nigeria.

Some of the Dangote products are also exported to other countries in West Africa such as Benin and Ghana. Although currently a small contributor to the overall business, exports are expected to show growth of between 15% - 20% over the next 5 years.

The Dangote group has currently 15 different manufacturing and bagging plants. These plants are all less than 4 years old and are located throughout Nigeria. These plants are equipped with some of the best technologies available. The group has employed companies that are world leaders in the various technologies, i.e. Buhler AG (Switzerland) for the flour and pasta plants, Tate & Lyle (UK) for the sugar refinery, Haver & Boecker (Germany) and BMH Sivertell (Sweden) for the cement terminals and Starlinger (Austria) for the Polypropylene Sack Factories.


MIKE ADENUNGA GROUP

WEBSITE: N/A

Though a late entrant into Nigeria's hugely lucrative telecommunication sector after a failed bid with their Communications Investments Limited (CIL) brand, the Adenugas have within a short time grown Globacom to become Nigeria's second national operator behind MTN, and with over 6 million subscribers and market reputation as Nigeria’s fastest growing mobile service provider, there seems to be no end in sight to the group’s phenomenal growth.

The Michael Adenuga (MA) Group consists of Conoil, a downstream oil operations outfit, Consolidated Oil, an oil exploration and exploitation firm and Equatorial Trust Bank, in addition to stakes and interests in construction and real estate firms.


OLAM GROUP

WEBSITE http://www.chanrai.com

The history of the Olam Group founded by Kewalram Chanrai dates back to 1860. It was established in India as a trading house dealing in textiles.

Today, the Olam Group is a multi-national conglomerate. It has operations in the commercial hubs of Asia, West Africa and USA. The Group operates in 35 countries around the world and it employs more than 10,000 trained and motivated staff around the world which includes several highly qualified professionals to manage and operate these businesses.

While the Olam Group has its origins in textile trading, it has successfully ventured into several high growth sectors. These include manufacturing, distribution, international trade, property development and agriculture. The Group is financially strong and independent. It is in this respect that Kewalram Nigeria Limited offers it's principals a business window into Nigeria.


STALLION GROUP OF COMPANIES
WEBSITE: http://www.stalliongroup.com

Stallion is a leading business conglomerate with well entrenched business presence in the West African markets, owned by the Vaswani brothers, Sunil Vaswani, Haresh