The controversial new Nigerian tax laws may face significant public backlash and legal challenges, creating uncertainty for businesses.
Ongoing geopolitical conflicts, particularly Russia-Ukraine, continue with no resolution in sight, posing a persistent risk to global stability.
Political infighting within Nigeria's opposition (ADC) and regional power struggles (River State) could distract from effective governance.
Rising inflation and cost of living are fueling public discontent and protests in various parts of the world, such as Iran.
Opportunities Identified
Major M&A activity in Nigeria's energy sector, like the Ayers/Seplat deal, indicates strong investor confidence and potential for further consolidation.
A potential IPO of the Nigerian National Petroleum Corporation (NNPC) could unlock immense value and attract significant foreign investment.
The Nigerian president's economic reforms, if they successfully translate to household-level benefits, could spur robust economic growth.
The formation of a broader political coalition under the ADC party could create a more formidable opposition force in Nigeria.