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Nigeria’s commodity firm, Neveah, ranked among Africa’s fastest-growing companies

Nigeria’s commodity firm, Neveah, ranked among Africa’s fastest-growing companies

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By Collins Yakubu-Hammer

The Financial Times of UK has listed Nigerian commodity export and trading company, Neveah Ltd, among Africa’s fastest-growing companies.

The firm stands at number one in the metals and mining category, and at 21 in the overall ranking of the 2025 Financial Times Africa’s Fastest-Growing Companies report.

The Chief Executive of Officer of Neveah Ltd, Mr Ibidapo Lawal, told the News Agency of Nigeria (NAN) in Abuja on Friday that the recognition marked a milestone in the company’s journey into a global icon.

He said it affirmed its position as one of the continent’s most dynamic and resilient enterprises.

According to him, the Financial Times ranking of the fastest-growing African countries, now in its fourth year, reveals the prevalence of fintechs, including businesses in the IT and software sector.

The report indicated that South Africa and Nigeria dominated the list of 130 businesses, hinting at the difficulties entrepreneurs from smaller countries face in building a continental presence.

“This recognition by the Financial Times is a powerful validation of our journey, reflecting not just our growth, but our grit.

“We are proud of what we’ve achieved, but even more excited about what lies ahead.

“Our mission remains clear: to build a globally competitive African enterprise that delivers value, empowers communities, and champions sustainability,” he said.

According to him, in a period marked by economic uncertainty, currency volatility, and inflationary pressures, Neveah not only weathered the storm but thrived.

He said the feat reflected the company’s long-term vision to drive sustainable development and create high impact opportunities within Nigeria’s non-oil export sector. (NAN)(www.nannews.ng)

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Edited by Uche Anunne

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Magdalene Ukuedojor
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