Nigeria will continue to struggle with its readjustment to low oil prices, and some policies being pursued by the central bank will further constrain growth in the near term.
Africa’s top oil producer introduced curbs on buying foreign-exchange from late 2014 in a bid to prop up the Naira as prices for crude oil, the source of two-thirds of government revenue and 90 percent of export earnings, plummeted.
In the short range, Nigeria is obsessed with easy money from crude oil trading and out rightly refuses to diversification of her economy. A great nation like Nigeria has refused to grow her economy with all the natural and human capital at her disposal.
The Naira demand and supply is determined by the market forces because Naira is allowed to float without any fixed exchange rate. The relative weakness of Nigeria’s entire economy does not seem favorable to the status quo. Our GDP is relatively small compared to the industrialized nations and this negates the stability and international purchasing power of the Naira. The amount of importation overwhelms the economy and a low return of foreign exchange due to lack of exportation to generate foreign exchange.
The crux of the matter is the demand for dollars are extremely high among Nigerian banks. Nigeria does not generate enough foreign exchange to satiate local consumption. Therefore the demand for dollar drives the value of Naira that is ubiquitous and weak. Nigerian source of dollars and foreign exchange comes only from the export of oil and its over-dependence for foreign exchange from oil.
To change this trend, we at Foraminifera Market Research have prepared a number of market research reports to assist clients who wants to go into businesses that can generate foreign exchange and further grow our GDP.
Foraminifera Market Research provides bespoke market entry solution to both local and international investors in the small and medium scale industry and in different market segments of the Nigerian economy.
We are a dynamic market research company providing comprehensive research solutions and strategic research services which increases the bottom line of our clients.
Market Research is the key factor towards having an edge over your competitors. They provide important information that identifies and analyzes market need, size and competition.
Below are some of our reports
MINING BUSINESSES WITH POTENTIALS TO EARN FOREIGN EXCHANGE
(TO EXPLORE THE TABLE OF CONTENTS AND DETAILS OF THE REPORT, PLEASE DO CLICK ON THE TITLE OF THE REPORT)
1. GOLD MINING & PROCESSING N 100,000
2. TANTALITE ORE MINING & PROCESSING N 100,000
3. SMALL SCALE COAL MINING N 100,000
4. SMALL SCALE IRON ORE MINING N 100,000
5. MANGANESE ORE MINING N 100,000
6. COPPER ORE MINING N 100,000
7. TUNGSTEN ORE MINING & PROCESSING N 100,000
8. LEAD ORE MINING N 100,000
9. ZINC ORE MINING N 100,000
10. TIN ORE MINING & PROCESSING N 100,000
11. COLUMBITE MINING & PROCESSING N 100,000
AGRO-PROCESSING BUSINESSES WITH POTENTIALS TO EARN FOREIGN EXCHANGE
(TO EXPLORE THE TABLE OF CONTENTS OF THE REPORT, PLEASE DO CLICK ON THE TITLE OF THE REPORT)
1. RAW COCOA SEED PROCESSING (CONTRACT PROCESSING) AND EXPORT IN NIGERIA N 100,000
2. COCOA LIQUOR, COCOA BUTTER AND ALKALIZED COCOA POWDER PRODUCTION AND EXPORT IN NIGERIA N 150,000
3. SHEA BUTTER PRODUCTION AND EXPORT IN NIGERIA N 100,000
4. CASHEW KERNEL PRODUCTION AND EXPORT N 150,000
5. SESAME SEED CLEANING, DE – HULLING AND EXPORT N 100,000
6. CASSAVA TUBERS CULTIVATION, STARCH PRODUCTION AND EXPORT N 200,000
7. GUM ARABIC PROCESSING AND EXPORT (SPRAY DRIED FOOD GRADE GUM ARABIC POWDER) N 200,000
8. HIBISCUS FLOWER PROCESSING AND EXPORT (SPRAY DRIED FOOD GRADE HIBISCUS FLOWER POWDER) N 200,000
9. GINGER POWDER PRODUCTION, PACKAGING AND SALES (LOCAL & EXPORT) IN NIGERIA. N 100,000
10. CHILI PEPPER POWDER PRODUCTION, PACKAGING AND SALES (LOCAL & EXPORT) IN NIGERIA. N 100,000
11. ONION POWDER PRODUCTION, PACKAGING AND SALES (LOCAL & EXPORT) IN NIGERIA. N 100,000
12. GARLIC POWDER PRODUCTION, PACKAGING AND SALES (LOCAL & EXPORT) IN NIGERIA. N 100,000
13. BONE MEAL PRODUCTION AND EXPORT N 100,000
COMMODITY EXPORT BUSINESS OPPORTUNITIES
(TO EXPLORE THE TABLE OF CONTENTS OF THE REPORT, PLEASE DO CLICK ON THE TITLE OF THE REPORT)
1. COCOA EXPORT N 5,000
2. SESAME SEED EXPORT N 5,000
3. GUM ARABIC EXPORT N 5,000
4. LEAD ORE EXPORT N 5,000
5. ZINC ORE EXPORT N 5,000
6. COPPER ORE EXPORT N 5,000
7. TANTALITE ORE EXPORT N 5,000
8. COLUMBITE ORE EXPORT N 5,000
9. TIN ORE EXPORT N 5,000
10. CHARCOAL EXPORT N 5,000
11. RAW CASHEW NUT EXPORT N 5,000
12. YAM EXPORT N 5,000
13. SOYA BEAN EXPORT N 5,000
14. GROUNDNUT EXPORT N 5,000
15. SHEA NUT AND BUTTER EXPORT N 5,000
16. DRIED HIBISCUS FLOWER EXPORT N 5,000
17. MANGANESE ORE EXPORT N 5,000
18. CATTLE HORN EXPORT N 5,000
19. COTTON LINTS EXPORT N 5,000
20. DRY SPLIT GINGER EXPORT N 5,000
21. NIOBIUM ORE EXPORT N 5,000
22. MICA SHEETS EXPORT N 5,000
23. THE PURCHASE AND EXPORT OF GOLD DUST, NUGGET AND BAR FROM AFRICA TO DUBAI N 30,000
24. PALM KERNEL SHELL {PKS} EXPORT FROM NIGERIA N 10,000
25. GALLSTONE EXPORT N 3,000
26. BITTER KOLA EXPORT N 5,000
27. LITHIUM ORE EXPORT N 5,000
28. NATURAL RUBBER EXPORT N 5,000
29. PROCESSED WOOD EXPORT N 20,000
30. SAWDUST BRIQUETTE EXPORT N 5,000
31. RAW CRAYFISH EXPORT N 5,000
FOREIGN EXCHANGE CONSERVATION BUSINESSES OPPORTUNITIES
(TO EXPLORE THE TABLE OF CONTENTS AND DETAILS OF THE REPORT, PLEASE DO CLICK ON THE TITLE OF THE REPORT)
1. FERTILIZER (NPK) PRODUCTION IN NIGERIA N 100,000
2. PRODUCTION OF EDIBLE ETHANOL 95.5% ALCOHOL FROM CASSAVA TUBERS IN NIGERIA N 200,000
3. TOOTHPICK PRODUCTION IN NIGERIA N 50,000
4. FROZEN POTATO CHIPS (FRENCH FRIES) PRODUCTION N 100,000
5. LARGE SCALE RICE MILLING AND PACKAGING N 150,000
6. TOMATO GREEN HOUSE FARMING N 150,000
7. SODIUM HYPOCHLORITE PRODUCTION IN NIGERIA, (USING SALT BRINE AS RAW MATERIALS) N 300,000
8. CAUSTIC SODA AND CHLORINE PRODUCTION IN NIGERIA, (USING SALT BRINE AS RAW MATERIALS) N 300,000
MINING BUSINESSES WITH LESS POTENTIALS TO EARN FOREIGN EXCHANGE
(TO EXPLORE THE TABLE OF CONTENTS AND DETAILS OF THE REPORT, PLEASE DO CLICK ON THE TITLE OF THE REPORT)
1. ROCK SALT MINING N 100,000
2. MICA SHEETS MINING N 100,000
3. BENTONITE ORE MINING N 100,000
4. FELDSPAR MINING N 100,000
5. FLOURSPAR MINING N 100,000
6. LIMESTONE MINING N 100,000
7. TALC MINING N 100,000
8. KAOLIN MINING N 100,000
9. PHOSPHATE MINING N 100,000
10. DIATOMITE MINING N 100,000
11. BARITE ORE MINING N 100,000
12. SAND DREDGING AND PRODUCTION N 100,000
13. ESTABLISHING A GRANITE QUARRY N 150,000
MINERAL PROCESSING BUSINESSES OPPORTUNITIES
(TO EXPLORE THE TABLE OF CONTENTS AND DETAILS OF THE REPORT, PLEASE DO CLICK ON THE TITLE OF THE REPORT)
1. BARITE MILLING AND PACKING N 30,000
2. FELDSPAR MILLING AND PACKAGING N 30,000
3. LIMESTONE MILLING AND PACKAGING N 30,000
4. PRECIPITATED CALCIUM CARBONATE PRODUCTION N 50,000
5. HYDRATED LIME PRODUCTION N 50,000
AGRICULTURAL PRODUCTION AND AGO-PROCESSING BUSINESS OPPORTUNITIES
(TO EXPLORE THE TABLE OF CONTENTS AND DETAILS OF THE REPORT, PLEASE DO CLICK ON THE TITLE OF THE REPORT)
1. BONE MEAL PRODUCTION N 30,000
2. CASSAVA BASED ADHESIVE PRODUCTION N 30,000
3. FULL FAT SOYA PRODUCTION N 30,000
4. YAM FLOUR PRODUCTION N 30,000
5. MAIZE FLOUR, GERM AND GRIT PRODUCTION N 100,000
6. LARGE SCALE PALM KERNEL OIL PRODUCTION N 100,000
7. COWPEA FLOUR PRODUCTION N 30,000
8. WHEAT FLOUR PRODUCTION N 150,000
9. PALM KERNEL OIL REFINING AND PACKAGING N 150,000
10. SMALL SCALE PALM KERNEL OIL AND CAKE PRODUCTION N 30,000
11. ESTABLISHING AND OPERATING A OIL PALM PLANTATION IN NIGERIA N 150,000
12. ODOURLESS FUFU FLOUR PRODUCTION FROM CASSAVA TUBERS IN NIGERIA N 30,000
14. CRAYFISH GRINDING AND PACKAGING IN NIGERIA N 30,000
15. SMOKED CATFISH PRODUCTION N 30,000
16. SESAME OIL PRODUCTION N 30,000
17. POTATO CHIPS PRODUCTION N 30,000
18. CORN {MAIZE} STARCH PRODUCTION N 30,000
19. PLANTAIN CHIPS PRODUCTION N 30,000
20. VEGETABLE OIL PRODUCTION FROM GROUNDNUT SEED N 30,000
21. CASSAVA TUBERS CULTIVATION AND FARMING N 30,000
22. POULTRY EGG AND LAYERS PRODUCTION FROM PULLETS N 50,000
23. CASSAVA STARCH, FLOUR AND GARRI PRODUCTION IN NIGERIA N 100,000
24. PROCESSING OF OIL PALM SEED { FRESH FRUIT BUNCH} TO PRODUCE PALM OIL AND PALM KERNEL NUTS N 50,000
25. PALM KERNEL NUTS CRACKING AND SALES N 30,000
26. CORN FLAKES PRODUCTION N 100,000
27. GARRI PRODUCTION N 30,000
28. CASSAVA STARCH PRODUCTION IN NIGERIA N 30,000
29. PROCESSING OF FRESH FRUIT BUNCH {FFB} TO YIELD PALM OIL, PALM KERNEL OIL AND CAKE IN NIGERIA N 100,000
30. PLANTAIN FLOUR PRODUCTION N 30,000
31. FRUIT JUICE {PINEAPPLE} PRODUCTION IN NIGERIA N 30,000
32. MINI-POULTRY FEED PRODUCTION IN NIGERIA N 30,000
33. ESTABLISHING A POULTRY FARM NIGERIA N 30,0000
34. SOY-DAWADAWA PRODUCTION FROM SOYA BEAN N 30,000
35. VEGETABLE OIL PRODUCTION FROM SOYA BEAN SEEDS N 30,000
CONSTRUCTION BUSINESS OPPORTUNITIES
(TO EXPLORE THE TABLE OF CONTENTS AND DETAILS OF THE REPORT, PLEASE DO CLICK ON THE TITLE OF THE REPORT)
1. CONSTRUCTION EQUIPMENT LEASING AND RENTAL N 100,000
2. TERRAZZO TILES PRODUCTION N 100,000
3. INTERLOCKING PAVING STONE PRODUCTION N 100,000
4. MEDIUM SCALE CONCRETE BLOCK PRODUCTION N 10,000
5. SAND, GRANITE AND CEMENT SUPPLY BUSINESS N 10,000
RECYCLING BUSINESS OPPORTUNITIES
(TO EXPLORE THE TABLE OF CONTENTS AND DETAILS OF THE REPORT, PLEASE DO CLICK ON THE TITLE OF THE REPORT)
1. SAWDUST BRIQUETTE PRODUCTION AND EXPORT N 100,000
2. WASTE PAPER RECYCLING IN NIGERIA (JUMBO ROLLS PRODUCTION) N 150,000
3. SCRAP TYRE RECYCLING IN NIGERIA N 150,000
4. WASTE POLYTHENE MATERIAL RECYCLING AND PELLETISATION IN NIGERIA N 30,000
IMPORTATION BUSINESS OPPORTUNITIES
(TO EXPLORE THE TABLE OF CONTENTS AND DETAILS OF THE REPORT, PLEASE DO CLICK ON THE TITLE OF THE REPORT)
1. IMPORTATION AND MARKETING OF HOME APPLIANCES IN NIGERIA N 100,000
2. APPLE IMPORTATION, STORAGE AND DISTRIBUTION IN NIGERIA N 100,000
3. FLOATING FISH FEED IMPORTATION N 100,000
MANUFACTURING BUSINESS OPPORTUNITIES
(TO EXPLORE THE TABLE OF CONTENTS AND DETAILS OF THE REPORT, PLEASE DO CLICK ON THE TITLE OF THE REPORT)
1. PRODUCTION OF FERRIC ALUM (ALUMINIUM SULPHATE) IN NIGERIA N 150,000
2. TOILET ROLL PRODUCTION N 50,000
3. SACHET WATER PRODUCTION N 10,000
4. EGG TRAY PRODUCTION N 30,000
5. SERVIETTE PRODUCTION N 30,000
6. POLYPROPYLENE {PP} WOVEN SACK PRODUCTION IN NIGERIA 100,000
7. HAULAGE OF MANUFACTURED PRODUCTS N 100,000
8. PLASTIC DISPOSABLE CUP PRODUCTION IN NIGERIA N 50,000
9. PAPER CUP PRODUCTION IN NIGERIA N 50,000
10. DRINKING STRAW PRODUCTION N 30,000
11. POLYTHENE SHOPPING BAG PRODUCTION N 50,000
12. WASTE BAG {TRASH BAG} PRODUCTION IN NIGERIA N 50,000
13. TOMATO KETCH-UP SAUCE PRODUCTION FROM CONCENTRATED TOMATOES PASTE 30-32% BRIX VALUE IN NIGERIA N 150,000
14. TOMATO PASTE RE-PACKAGING FROM TOMATOES PASTE DRUMS IN NIGERIA N 150,000
15. BREAD PRODUCTION IN NIGERIA N 30,000
16. SACHET WATER {PURE WATER} AND BOTTLE WATER PRODUCTION N 20,000
17 LAUNDRY SOAP PRODUCTION N 30,000
LOCAL SUPPLY OF COMMODITY
(TO EXPLORE THE TABLE OF CONTENTS AND DETAILS OF THE REPORT, PLEASE DO CLICK ON THE TITLE OF THE REPORT)
1. COCOA SUPPLY TO LOCAL INDUSTRIES N 5,000
2. SESAME SEED SUPPLY TO LOCAL INDUSTRIES N 5,000
3. GUM ARABIC SUPPLY TO LOCAL INDUSTRIES N 5,000
4. SOYA BEANS SUPPLY TO LOCAL INDUSTRIES N 5,000
5. SORGHUM SUPPLY TO LOCAL INDUSTRIES N 5,000
6. PALM KERNEL NUTS SUPPLY TO LOCAL INDUSTRIES N 5,000
7. RAW CASHEW NUT SUPPLY TO LOCAL INDUSTRIES N 5,000
8. SOYA BEAN SUPPLY TO LOCAL INDUSTRIES N 5,000
9. GROUNDNUT SUPPLY TO LOCAL INDUSTRIES N 5,000
10. UNRIPE PLANTAIN SUPPLY TO LOCAL INDUSTRIES N 5,000
11. DRIED HIBISCUS FLOWER SUPPLY TO LOCAL INDUSTRIES N 5,000
12. CATTLE HORN SUPPLY TO LOCAL INDUSTRIES N 5,000
13. DRY SPLIT GINGER SUPPLY TO LOCAL INDUSTRIES N 5,000
14. METAL SCRAP SUPPLY TO LOCAL INDUSTRIES N 5,000
15. MAIZE SUPPLY TO LOCAL INDUSTRIES N 5,000
16. BARITE ORE SUPPLY TO LOCAL INDUSTRIES N 5,000
17. WASTE PAPER SUPPLY TO LOCAL INDUSTRIES N 3,000
18. COWPEA SUPPLY TO LOCAL INDUSTRIES N 5,000
19. PALM KERNEL OIL SUPPLY TO LOCAL INDUSTRIES N 5,000
20. PALM OIL SUPPLY TO LOCAL INDUSTRIES N 5,000
21. WASTE POLYTHENE MATERIAL SUPPLY TO LOCAL INDUSTRIES N 5,000
22. PALM OIL TRADING IN NIGERIA N 10,000
23. CASSAVA TUBERS SUPPLY TO LOCAL INDUSTRIES N 5,000
24. SUPPLY OF COTTON LINTS TO LOCAL INDUSTRIES N 5,000
25. SUPPLY OF GROUND NUT CAKES TO LOCAL INDUSTRIES N 5,000
26. SUPPLY OF PALM KERNEL CAKES TO LOCAL INDUSTRIES N 5,000
OIL & GAS BUSINESS OPPORTUNITIES
(TO EXPLORE THE TABLE OF CONTENTS AND DETAILS OF THE REPORT, PLEASE DO CLICK ON THE TITLE OF THE REPORT)
1. BARITE ORE MINING, MILLING AND PACKAGING N 150,000 N 150,000
2. ESTABLISHING A TANK FARM N 100,000
3. ESTABLISHING A LIQUEFIED NATURAL GAS (LPG) PLANT N 50,000
4. ESTABLISHING A SKID LIQUEFIED NATURAL GAS (LPG) PLANT N 50,000
5. DIESEL SUPPLY AND DISTRIBUTION N 30,000
6. LIQUEFIED NATURAL GAS (LPG) REFILLING AND DISTRIBUTION N 30,000
7. ESTABLISHING A FUEL REFILLING STATION N 30,000
8. BUNKER FUEL TRADING IN NIGERIA N 20,000
9. SUPPLY OF LOW POUR FUEL OIL (LPFO) TO LOCAL INDUSTRIES N 25,000
10. SLUDGE TRADING IN NIGERIA N 20,000
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