Nigerian Firms Urged to Compete Globally by Adekunle

Ayeni Adekunle, founder and CEO of BlackHouse Media (BHM), addressed Nigerian entrepreneurs at the Nigeria-South Africa Chamber of Commerce (NSACC) breakfast forum in Lagos, advocating for a shift from local contracts to global competitiveness. He stated that Nigeria's competitive edge lies in its market size and the intellectual capital of its professionals.

Adekunle emphasized the importance of structured partnerships with large corporations to provide indigenous businesses with the necessary scale and operational discipline to compete internationally. He cited BHM's growth from a local startup to an international consultancy as a model for success.

Adekunle called for enhanced commercial cooperation between Nigeria and South Africa, focusing on developing and exporting African intellectual property and professional services. The forum featured a keynote address by Modupe Kadri and insights from panellists including Udeme Ufot, Yemi Chukwurah, and Afolabi Sobande, who discussed the role of corporate anchors like MTN Nigeria in empowering local service providers.