13 February 2015
The enormous business potential of Nigeria and Turkey is muddied by inherent cultures of corruption
In the January issue of Governance + Compliance, we looked at the opportunities and risks of doing business in the emerging markets of Mexico and Indonesia. In this issue we assess the second two countries in the MINT acronym, Nigeria and Turkey.
In a 2014 Radio 4 broadcast, economist Jim O’Neill described Nigeria as ‘one of the few places in the world where money seems to be in the blood.’ This African country of some 170 million people, he went on to say, has an entrepreneurial spirit...