MTN, UBA, others make analysts’ 2023 stock picks

Despite investors’ risk-off sentiments in Nigeria’s election year, analysts still see value in some stocks for investors in 2023. The stocks include MTN Nigeria Communications Plc, United Bank for Africa Plc, Fidelity Bank Plc and Okomu Oil Plc. The nation’s bourse delivered a positive return of about 20 percent in …

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Kwankwaso’s ally defects to APC in Kano

Dr Rabiu Kwankwaso Yusuf Babangida, one of the closest political allies of the presidential candidate of the New Nigeria People Party, Rabiu Kwankwaso has rejoined the All Progressives Congress ahead of the forthcoming 2023 polls. Babangida who is a lawmaker representing Gwale Local Government in the Kano State House of …

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Buhari issued 7 days to reverse electricity tariff hike or face court action

President Muhammadu Buhari Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to “direct the Minister of Power, Goddy Jedy-Agba and the Chairman/CEO, Nigerian Electricity Regulatory Commission (NERC), Professor James Momoh to immediately reverse the unlawful, unjust and unreasonable increase in electricity tariff, which reportedly occurred in December …

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