In Nigeria’s entrepreneurship ecosystem, Festus Bello, managing partner and CEO, BFG Global Consults, is known for his commitment to empowering businesses. Through BFG, he bridges research gaps and offers innovative solutions in strategy development, workforce training and information technology to profit and non-profit organisations.
The journey that led to the establishment of BFG Consults, a management consulting firm, which is a testament to the power of vision and dedication. “It all started during my days as an undergraduate, about 8 years ago when I derived passion from offering educational support to my coursemates and newbies on campus,” recalls Festus. “I derive satisfaction in taking free academic tutorials across the Social science Faculty on Sociology and Political Economy, writing academic articles and assisting international NGOs like UNESCO, Action Aid, and AIESEC in student initiatives and youth capacity projects and research.”
In 2018, while serving as a National Youth Service Corp member, Festus recognized a pressing need for comprehensive consulting services that could empower businesses, especially small ones in underserved areas. “BOOM! I founded the company, developed the growth plan, pitched the idea to some of my respected friends at that time to join me as a B2B partner, and yes, we started,” he says.
The initial focus was on market research and development services, aimed at supporting underserved small companies in navigating complex challenges and seizing emerging market opportunities. Within three short years, BFG Consults underwent a transformative journey, expanding its portfolio to encompass research and analytics, business strategy and operations, training and development, and information technology.
The transformation marked a pivotal shift, propelling BFG Consults into the realm of management consulting and business technology. Since then, the firm has evolved into a growth partner for organisations globally, catering to a wide spectrum of clientele from tech startups to established brands, and from local enterprises to international corporations.
“Our journey has been one of constant learning, adaptation, and innovation,” Festus notes. “By staying agile and responsive to the changing needs of the market, we have continually refined our approach to empower our clients at every stage of their business journey.”
At BFG Consults, the diverse range of services has been instrumental in driving tangible benefits for Nigerian entrepreneurs across various sectors. From research and analytics to business strategy and operations, training and development, and information technology solutions, the firm has made a significant impact on businesses like Vensemart, Worka-HQ, BestCut Meat Production, 12Twenty Limited, and many more.
“Our research and analytics services provide real-time market insights, allowing companies to make informed decisions,” Festus explains. “We have optimized operational processes and crafted comprehensive business plans, enhancing the competitive positioning of startups like GIGS Limited and ATM Luxury Properties. Our training and development programs have cultivated skilled workforces for organisations like Pontus Technologies, iLead Africa, and the Nigerian Ministry of Humanitarian Affairs.”
BFG Consults also plays a pivotal role in enhancing the technological capabilities of Nigerian entrepreneurs. From custom software development to cybersecurity measures, the firm ensures that businesses have access to scalable and secure IT infrastructure.
On market opportunities for its clients he says the firm actively fosters connections and partnerships, both locally and globally, facilitating networking opportunities and collaboration among entrepreneurs. Festus emphasizes the importance of collaboration, stating, “We engage in partnerships with local entities and organisations, fostering collaborations that enhance our understanding of the market and enable us to offer more contextually relevant solutions.”
The firm’s commitment to supporting entrepreneurs extends to diverse and underrepresented communities, aiming to provide specialized assistance and targeted resources to amplify their impact on Nigeria’s business landscape.
Looking ahead, BFG Consults remains dedicated to staying at the forefront of technological advancements and innovation. “Our goal is to continuously evolve our IT solutions, workforce training programs, research intelligence and strategy consulting services to integrate cutting-edge technologies and methodologies,” Festus affirms. “By equipping Nigerian entrepreneurs with the tools and knowledge needed to navigate the rapidly evolving business landscape, we contribute to their growth and success.”
Recently, BFG Global Consults received the “Best International Business Research & Analytics Specialists 2023–UK Award” by Wealth and Finance International, a recognition of their commitment to excellence in delivering top-notch consulting solutions globally.
The award, not only acknowledges their exceptional contributions to our research and analytics solution as one of their consulting practices, but also highlights their role in promoting Nigeria’s business landscape on the international stage, showcasing their dedication to fostering growth and innovation within the Nigerian market and beyond.
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