Trans Niger Influence, PZ Minority Shareholder Pushback, IHS Losses, and the Inflation Tailwind – A New Episode of Drinks and Mics

Within the newest episode of Drinks and Mics, our hosts returned with a spherical of scorching takes, chilly drinks, and the type of dialog you want you might have at your workplace blissful hour. Regulars Arnold Dublin-Inexperienced, Ugodre Obichukwu, and Tunji Andrews had been joined by particular visitor Franklin Amoo, Founding Accomplice at Baylis Rising Markets and a member of President Biden’s Advisory Council on Doing Enterprise in Africa. And as at all times, nothing was off the desk.

They dove into the rising vandalism alongside the Trans Niger Pipeline, not only a safety concern, however a critical threat to Nigeria’s oil revenues. Franklin identified how damaging this development is to investor confidence, particularly in a rustic already strolling a fiscal tightrope.

Then got here the PZ Cussons saga. Minority shareholders are pushing again in opposition to the deliberate buyout, and the crew had loads to say. Is that this an indication of rising shareholder activism, or just a breakdown in belief?

IHS Towers’ billion-dollar loss additionally made the rounds, with FX pressures taking middle stage. And with the newest rebased inflation figures from the NBS, the staff debated how some corporations are managing to trip the wave.

Catch the total episode now on Nairametrics TV on YouTube! Like, subscribe, and be a part of the dialog within the feedback.