September 2019

1st September 2019

30 September 2019
The Cable
Moving forward from Nigeria’s flawed 2019 elections
That Nigeria’s 2019 general election is still seen as an outlier – for good or bad – amongst the six general elections conducted in the Fourth Republic of the nation is not a misplace misgiving…

27 September 2019
TRT World
Can national dialogue bring peace to Cameroon’s Anglophone regions?
The recent sentencing of separatists is likely to fuel more anger and resentment among the Anglophone population and alienate them from the Francophone-dominated government, but the dialogue can reverse hard feelings…

26 September 2019
Nigeria’s Buhari courts market advice he may not heed
A new advisory panel created by President Muhammadu Buhari could usher the reforms needed to breathe life into Nigeria’s economy during his second term…

23 September 2019
Nigeria runs on generators and nine hours of power a day
Kabir Sabo’s sewing machine hums busily as he hems a “babariga,” a popular dress in northern Nigeria, in his small corner shop on the outskirts of Abuja. It can hardly be heard over the sound of Nigeria’s worst problem…

Investors King
Cost of imported goods to surge in 2020
Costs of imported goods are expected to surge next year as the United Nations shipping agency, International Maritime Organisation (IMO), get ready to enforce its low Sulphur policy…

20 September 2019
The Africa Report
Nigeria unlikely to benefit from Saudi oil price shock
As Saudi Arabia and Iran face off in another round of hostilities, Nigeria is caught in the middle and, like other oil-producing nations, hopes to profit from the coming storm…

What is really going on with Nigeria’s new VAT and electronic processing fees?
The news cycle in Nigeria has been dominated lately by several regulations introduced by varying financial institutions. First, the Federal Inland Revenue Service (FIRS) announced a new 5% Value Added Tax (VAT) on all online transactions from January 2020. Then the federal government unveiled plans to increase the VAT paid on all goods services to 7.5% from the current 5%. This directive is pending National Assembly approval to become law…

18 September 2019
The Africa Report
Nigeria: the politics behind Buhari’s new economic team
President Muhammadu Buhari has constituted a new star-studded team of economic advisors comprising some of Nigeria’s most independent-minded economists…

17 September 2019
What African central bankers will discuss in the next 10 days
Central banks in sub-Saharan Africa, already missing out on the global monetary-easing parade, just got one more reason to stay on the sidelines…

Nigeria’s diesel-dependent economy braces for clean-fuel rules
Nigeria’s frenetic commercial capital, Lagos, is plunged into darkness several times a day. Then its generators roar, and the lights flood back on…

16 September 2019
Sahara Reporters
Research firm predicts there will be no windfall for Nigeria
An analysis on the impact of the attack on two oil processing plants in Saudi Arabia, which took out five per cent of the world’s daily petroleum supply, concludes that there will be no windfall for Nigeria…

7 September 2019
Premium Times
Are Facebook, Google truly spying on you? Here’s a new clue
Tech users are now growing increasingly worried over who monitors their private conversation and activities online…

5 September 2019
New York Times
South African riots over ‘xenophobia’ prompt backlash across Africa
Pop stars have announced a boycott. Air Tanzania has suspended flights to Johannesburg. Madagascar and Zambia are refusing to send their soccer teams. Nigeria has recalled its ambassador and pulled out of a major economic forum…

4 September 2019
Financial Times
South African businesses in Nigeria face retaliatory attacksAfrica’s largest telecoms operator said it had temporarily closed hundreds of shops in Nigeria, as South African-owned businesses were targeted in retaliation for the spate of xenophobic attacks against foreigners living in South Africa…

2 September 2019
Al Jazeera
UN calls for urgent action to end violence in Nigeria
The United Nations special rapporteur on extrajudicial killings condemned rising violence across Nigeria and a “lack of accountability” for perpetrators…

Nigerians living from hand to mouth as discretionary spending collapses
A new study on the consumption pattern of Nigerian households which tells an old story of deep-seated poverty and living on the tethers of squalor suggests the country’s “large domestic market” is big for nothing…