BusinessDay’s Best Company of the Year 2018 Nominees are companies with the top composite scores based on market value. In its 2018 annual ranking, Kellogg Tolaram and Kobo360 have been nominated to take the spot. Here are the six nominees.
COMPANY OF THE YEAR
Kellogg Tolaram Nigeria Limited (KTNL)
Nigeria is now the biggest market in Asia, Middle East and Africa for Kellogg’s, which is now rolling out snacks after consolidating the cereal market following the JV with Tolaram. A brand new factory was built in Lekki free trade zone.
Ladol provided the platform for the fabrication and integration of Egina Floating Production Storage and Offloading (FPSO). The largest oil production vessel, the first to be fabricated and integrated locally in Nigeria and indeed in Africa. This will add 200.000 b/d of oil production to Nigeria’s crude oil output from 2019
AB lnBev/Int Breweries
Introduced Budweiser and shook up the beer market in Nigeria. Built a $250 million factory in Sagamu.
BUSINESS IDEA OF THE YEAR
Kobo360, a Nigerian logistics startup that leverages technology to aggregate end-to-end haulage operations to help cargo owners, truck owners and drivers, and cargo recipients to achieve an efficient supply chain framework. The company uses big data and technology to reduce logistics frictions, empowering rural farmers to earn more by reducing farm wastages and helping manufacturers of all sizes to find new markets.
Gokada is an on-demand motorbike hailing service focused on changing the face of transportation in Nigeria by leveraging technology to connect users to the nearest motorbikes within their area thereby helping them move smartly and beat traffic.
Muster is a rent share platform that thrives to solve accommodation challenges in major cities in Nigeria. Launched in June 2017. Muster is a peer-peer shared housing marketplace unlocking available rooms in crowded cities for a larger number of people.
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