Ekiti Election: Politicians took vote-buying to higher dimension — Lawyer

Mr Wale Ogunade, a constitutional lawyer and President, Voters Awareness Initiative on says that Politicians took the act of vote-buying in Ekiti gubernatorial election to a higher dimension. Ogunade told the News Agency of Nigeria (NAN) on Thursday in Lagos that the previous acts of vote-buying were done in secret but during the Ekiti election,……

Flawed: Nigeria’s mobile money policy is failing and how it can be fixed

Every few days, Tasiu Abdurrahman takes the money he makes from selling spices in Nigeria’s biggest northern city and buries it in his yard. The 55-year-old closed his bank account eight years ago after growing disillusioned with standing in long lines for hours to deposit or withdraw cash. Abdurrahman is one of about 50 million……

Egyptian investment bank acquires 100% of Nigeria’s Primera Africa

EFG Hermes, a leading financial services corporation in frontier and emerging markets (FEM), has entered into a definitive sale and purchase agreement (SPA) to acquire 100 percent of Primera Africa, a top-ranked brokerage house in Nigeria. EFG Hermes will utilize its presence in Nigeria to serve both global and domestic investor appetite for opportunities in……

Sovereign wealth funds show way to go for investors

While some investors are tempted to move their funds from the public traded securities to less volatile private investments with more lucrative return, the International Forum of Sovereign Wealth Funds (IFSW), the world’s biggest investors, think otherwise.   This was disclosed in its 2017  annual review of the industry, where 61 sovereign wealth funds were……

2019: Obasanjo, Na’Abba, others vow to redeem Nigeria from bad governance

A summit of national leaders and elders convened by the Northern Elders Forum (NEF), Afenifere, Ohanaeze Ningbo, Pan Niger Delta Forum ended in Abuja on Wednesday with a resolution to redeem Nigerians from the shackles of insecurity, poverty and bad governance.   The summit which was attended by prominent leaders like ex-President Olusegun Obasanjo, former……