In front of a shop belonging to telecom operator Airtel, in Nairobi. © AFP Photo/Tony Karumba
Strong corporate growth stories at Nigerian companies, such as MTN Nigeria and Airtel Africa, are not enough to drive the country’s equity market onto the radar of foreign institutional investors. Political and currency concerns in Nigeria are “more of a concern” to foreign investors than corporate growth prospects, and “keep me on the sidelines”, Deirdre Maher, head of frontier markets at Amundi in London, tells
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Nigerian Presidential Candidates Are in Final Push for VotesTwo of the three candidates considered front runners in Nigeria's February 25 presidential rallies held their first major rallies this week, with security a key topic on the campaign trail, writes Timothy Obiezu for VOA. In the capital of Abuja, thousands of supporters, mostly youths, chanted praise for Labour Party's (LP) presidential candidate Peter Obi. He is riding a wave of momentum after two public opinion polls published by Nigerian newspapers this week showed him leading the candidates from Nigeria's two biggest political parties - the All Progressives Congress (APC), and the Peoples Democratic Party (PDP). A pre-presidential election opinion survey by global business and economic news platform, Bloomberg News, has projected Obi as the leading runner ahead of Nigeria's presidential election. He told his supporters he will tackle Nigeria's insecurity, build up the economy and improve local manufacturing to limit Nigeria's dependence on foreign products. During a campaign rally in northern Kano state, PDP candidate Atiku Abubakar spoke to supporters. Abubakar promised to revamp agriculture and commerce in Kano if elected the next president of the country. Atiku 76, lost a presidential bid to current President Muhammadu Buhari in 2019. The recent violence has included attacks on officials from Nigeria's Independent National Electoral Commission, raising concerns about safety on election day. Authorities say they're taking steps to make sure voters and election workers are safe and that the voting will proceed without disruption. Eighteen presidential candidates will participate in Nigeria's polls. The new president will be sworn in on 29 May and will be constitutionally mandated to manage Nigeria's security governance architecture between 2023 and 2027. PO for president come 25th Feb. 2023.
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Nigerian cash crisis a boon for MTN and other mobile-money players | BusinessRich countries should stop throwing up roadblocks to poorer ones trying to secure energy supplies and do more to help them make the green transition, officials from Global South nations told the India Energy Week conference on Tuesday. | News24_Business _Business I tell you what .. why don’t you stop sucking up to tyrants like Putin and then hold out the bowl to the west _Business 🤣🤣🤣🤣but you guys have been saying you hate the west for colonizing us this entire time?!🤣🤣🤣 now they should help you... so the government should work and earn nothing themselves and steal trillions and get away with it and ask for help when a is gone. _Business They have had many years to practice good governance but alas they don't. Governments should be held accountable worldwide for shitty governance!
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