Having dumped the Peoples Democratic Party (PDP), former Governor Peter Obi now believes he can realise his presidential ambition with the Labour ... Party, otherwise known as the 3rd force platform. Will he be able to spring an upset at the presidential poll next year?
Nigerian cement demand growth underpins prospects for share-price advances at Lafarge Africa and Dangote Cement, while investors should steer ... clear of BUA Cement on valuation grounds, according to research this month.
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Following the emergence of former Vice-President Atiku Abubakar – a northerner – as the standard-bearer of the main opposition Peoples Democratic ... Party (PDP), there is now fresh pressure on the ruling party, the All Progressives Congress (APC), to pick a northern candidate that can rival Atiku.
A grand plot to anoint former President Goodluck Jonathan as the candidate of the All Progressives Congress (APC) is unsettling other presidential ... aspirants in the APC including Lagos godfather Bola Tinubu, who is in pole position to win the primary. With a federal court giving Jonathan the right to contest the election, the former president must now cross one last hurdle to secure the ticket.
Nigeria’s two major political parties will this weekend hold conventions to pick candidates for next year’s presidential election. The Peoples ... Democratic Party will go first, subjecting about 13 aspirants to a primary election, which is scheduled for May 28 and 29, before the All Progressives Congress (APC) primaries that will feature no less than 20 aspirants.
Nigeria needs to export larger volumes of crude oil as well as get the Dangote oil refinery running to ease downward pressure on the naira, S&P ... Global Ratings director Ravi Bhatia tells The Africa Report.