Nigeria’s ruling party urged the government to nationalize South African companies operating in the West African nation in retaliation for xenophobic attacks on its nationals.
Relations between Africa’s two biggest economies have been tense following attacks on businesses run by migrant Africans in Johannesburg, which sparked reprisal raids by mobs on the offices of the South African mobile-phone company MTN Group Ltd. and stores operated by Shoprite Holdings in the commercial hub of Lagos and the capital, Abuja.
