An Africanist Perspective

An Africanist Perspective

Why exactly are major international firms leaving the Nigerian market?

Nigeria's myriad problems have decades-old origins, but the Tinubu administration bears responsibility for poor rollout of reforms

Ken Opalo's avatar
Ken Opalo
Jun 19, 2024
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I: Rushing for the exits

Last week Diageo, a UK-based alcoholic beverage giant, announced its planned divestment from Guinness Nigeria. The operation was sold for a mere $70m to Toloram, a Singapore-based…

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