The parliamentary elections held in Nigeria on April 9 2011 were the first of a series of three elections scheduled for the month, with presidential and gubernatorial polls up next. By most accounts, the process so far has been free and fair, a marked improvement over the 2007 elections which were marred by widespread fraud,… [Read more]
Nigeria’s oil sector is in as bad a shape as it has been in years. Uncertainty surrounding the Petroleum Industry Bill (PIB) and a resurgence of violence in the restive Delta region has nearly halted investment in oil and gas exploration in the country. Only one exploration well was drilled in Nigeria in the last… [Read more]
In this week’s Business Monitor podcast, Yoel Sano speaks to Lisa Lewin, Head of Africa Analysis, on her recent trip to Nigeria and Ghana. Lisa discusses both countries’ economic outlook for 2010, Nigeria’s banking sector and political crisis, and how Ghana’s forthcoming oil production promises to transform the economy.
BMI’s Africa team cautions that political risk in Sub-Saharan Africa may be on the rise as a full-blown leadership crisis continues to escalate in Nigeria. Alan Cameron and Lisa Lewin provide some insight into an increasingly tense political situation, sharing their views on potential outcomes from the ongoing crisis. The next couple of weeks and… [Read more]
