Channels, Arik Air, others among fastest growing companies in Africa

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The London Stock Exchange Group (LSEG) on Friday launched a report that listed 58 Nigerian companies among the fastest growing private businesses in Africa.

The report published on the LSEG website-www.lseg.com in London identified 343 companies in 42 African countries.

It described the Nigerian companies, including small business concerns that made the list, as the most exciting and promising.

According to the report, the 58 companies demonstrated the success of Nigeria’s efforts to diversify its economy.

The report declared: ‘Industry is the biggest sector to be represented in Nigeria, with 17 companies featuring on the list.

“This is closely followed by consumer services, where 11 providers have been selected, demonstrating the success of Nigeria’s efforts to diversify its economy.’’

Prominent among the companies listed by the report are Beloxxi Industries…

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