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☆ 'Unpredictable' election in Africa's largest economy is set to resonate around the world
▼ + stars: | 2023-02-22 | by ( Elliot Smith | ) www.cnbc.com time to read: +8 min

After 24 years of uninterrupted democracy since ending military dictatorship in 1999, Africa's most populous nation and largest economy is conducting its seventh election. Muhammadu Buhari, Nigeria's president, speaks during the U.S.-Africa Business Forum in New York. Leena Koni Hoffmann, associate fellow of the Africa Programme at Chatham House, told CNBC on Monday that the presidential election will be the "most unpredictable" since the transition to civilian rule. Alongside the Covid-19 pandemic and war in Ukraine, Koni Hoffmann noted "missed opportunities" and "self-inflicted crises" under Buhari's regime. Economists panned the decision, which Koni Hoffmann suggested rendered Nigeria and its neighbors more vulnerable to the damage of the pandemic.

Abuja, Nigeria CNN —President Muhammadu Buhari on Thursday directed Nigeria’s central bank to reissue old 200-naira ($0.43) banknotes withdrawn just days ago as concerns grow that the botched introduction of new money could disrupt general elections later this month. In a televised broadcast Thursday, Buhari expressed sympathy for Nigerians experiencing hardship and announced that the old 200- naira note will return to circulation for 60 days. The higher denomination notes remain canceled but can be exchanged at the central bank and other designated points, he said. He also assured Nigerians that the supply of cash would improve in the coming days. “I have been reliably informed that since the commencement of this program, about 2.1 trillion naira ($4.5 billion) out of the banknotes previously held outside the banking system, had been successfully retrieved,” he said.

☆ Factbox: Nigeria election 2023: what you need to know and what's at stake
▼ + stars: | 2023-02-01 | by ( ) www.reuters.com time to read: +5 min

Here is what you need to know about the election. Tinubu and Atiku have significant powerbases across Nigeria, while Obi is banking on frustration over the economy and insecurity to turn voters against the two major parties. Obi, who left the PDP last year and was Atiku's running mate in 2019, casts himself as a reformist willing to overhaul Nigeria's political system. But on policy, there is little separating the main candidates. Reporting by MacDonald Dzirutwe; Editing by James Macharia Chege, Gareth Jones and Alex RichardsonOur Standards: The Thomson Reuters Trust Principles.

☆ Somaliland postpones presidential election until next year
▼ + stars: | 2022-09-24 | by ( ) www.reuters.com time to read: +2 min

Register now for FREE unlimited access to Reuters.com RegisterMuse Bihi Abdi of Somaliland speaks during a news conference on October 10, 2018. REUTERS/Tiksa Negeri/File PhotoMOGADISHU, Sept 24 (Reuters) - Somalia's breakaway region of Somaliland will postpone its scheduled presidential election to next year, rather than holding it in November when the incumbent president's term ends, the region's electoral body said on Saturday. Register now for FREE unlimited access to Reuters.com RegisterSomaliland broke away from Somalia in 1991 but has not gained widespread international recognition for its independence. "We welcome the decision ... we congratulate them for ending the controversy of the presidential election," Mohamud Aden Jama, Wadani party's information secretary, told the press conference. Register now for FREE unlimited access to Reuters.com RegisterReporting by Abdiqani Hassani; Writing by Elias Biryabarema; Editing by David HolmesOur Standards: The Thomson Reuters Trust Principles.

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