• Follow Facebook
  • Follow on Twitter
  • Follow on YouTube
Saturday, 25th February, 2017
 
 Nigeria   ::   News
 
CNN Marketplace Africa: Zain Asher interviews Cosmas Maduka, founder of Coscharis Group
Dec 11, 2016
By: Cletus Ilobanafor
 
 
-

This week’s CNN Marketplace Africa sees host Zain Asher interview Cosmas Maduka, founder of Nigerian conglomerate Coscharis Group.

Asked about where the seeds of his success originate from, Maduka tells CNN:

“My apprenticeship time was the best moment of my life. My brain was open, sharp. When people were going to university I was selling auto components.”

Describing his first business venture, he explains:

“I opened my first auto component sales, because this is my area of core competence. I had one quarter of a shop, something that is not more than this corner of a wall somebody gave me, with six months for free of charge. I started keeping merchandise here. Come into Lagos, buy it, and go to the eastern part of Nigeria, selling. I earned enough money to own a store myself.”

 Asked whether Nigeria will export cars in the future, Maduka says:

 “I see Nigeria exporting cars in the next 15 years. Our neighbours would be willing to buy from us. Many car manufacturers would like to use Nigeria as a hub… There's a market that exists within this country that will fill in Ghana, Gabon, Cameroon, all the neighbouring West African countries, all of them will take possession from Nigeria.

 

 


U-report (African Voice)
Do you have an interesting news item for us? Do you want to inform us about a happening in your surrounding?
Then, Send your news to us at: ureport@ceoafrica.com or africanvoice@ceoafrica.com

 



Leave your comments below:
Name:
Phone:
11 digits, no dashes
Email:
Your Comment:

Type the Captcha here:
 
 
  Headlines (Nigeria):
Read our other news items below...