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Nigeria political parties must select presidential candidates by Oct. 7: INEC

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Nigeria’s political parties must select their candidates for the country’s 2019 presidential election between Aug. 18 and Oct. 7 this year, the electoral commission said on Tuesday in a timetable of the polling process.

Presidential and parliamentary elections will be held on Feb. 16, 2019, marking the end of President Muhammadu Buhari’s first term. Buhari has not said if he will seek re-election.

In addition to outlining the deadline to select candidates, the timetable published by the Independent National Electoral Commission (INEC) stated that official campaigns for the presidential parliamentary elections would begin on Nov. 18.

“The Commission wishes to assure Nigerians that we are determined to strictly adhere to the timetable and schedule of activities,” INEC said in a statement.

Buhari, 75, took office in May 2015 after winning elections that year following a campaign in which he vowed to crack down on endemic corruption and crush the Boko Haram Islamist insurgency in the northeast.

Although the president has not said whether he will run in the next election, the minister of communications last week said he would chair a group to support the re-election of Buhari and Vice President Yemi Osinbajo.

It is common practice for the campaign to re-elect a Nigerian president to begin with such support groups before the incumbent declares an intention to run again.

Atiku Abubakar, a former vice president and key Buhari ally, quit the ruling All Progressives Congress and said he was prepared to run in 2019. He joined the opposition People’s Democratic Party last month.

Business

Absa became the new competitor on the Ethiopia market.

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Absa Bank Of South Africa’s  has become the Latest Multinational Corporation to show Interest in Organizing the Ethiopia market.

Ethiopia has since Prevented Foreign Ownership in Economic Sectors that Includes Banking but Abiy Ahmed has began to take fast Action on the issue since he came to power in April.



Jason Quinn, the bank’s chief financial officer, told reporters that Absa was investigating on how and where to enter in a number of populating market, including Nigeria and Angola.

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Am Entrance made into the Ethiopia market of 100 million People, would be part of a Scheme made by Absa after it break from Britain’s Barclays in 2017.

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Ethiopia has plans to liberalise state-owned companies including Ethiopian Airlines, Ethio Telecom, Ethiopian Shipping & Logistics Services Enterprise, and Ethiopian Electric Power, in order to attract foreign direct investment and stimulate growth.

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Motherland News

Black box of the Ethiopian Airline Crash recovered.

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The United Nations described the Sunday crash of the Ethiopia airline as disastrous saying it has cost them a great loss.



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Michael Moller, director-general of the U.N. European head garters said this was the worst loss suffered in years in Geneva in a statement where 150 people where gathered.

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Investigators in Ethiopia have recovered the black box from the ill-fated Ethiopian airline this Sunday.

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