In a four-day sweep through Nigeria early last year, Aberdeen Asset Management’s Kevin Daly detected trouble. Yes, the country was a rising African power and yes, it had become the world’s fastest-growing major economy, but things weren’t quite right. An Islamic insurgency was heating up in the north and there were early signs that a nasty presidential campaign was brewing. Then financial disaster struck. Oil, the lifeblood of the country, collapsed in a breath-taking free fall. Daly had seen enough. By November, he had sold all of his Nigerian government bonds. Back in Lagos again last month for a fresh look, Daly found a country ravaged by crisis from all sides: the bloody clashes with Boko Haram insurgents had intensified; the violence had spurred authorities to postpone elections the president was in danger of […]