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Investors have welcomed Muhammadu Buhari's victory in Nigeria's Presidential election. The country's main share index rose more than 8 per cent on Wednesday,

But can the 72 year old former military dictator inspire a new era of peace and prosperity for Africa's largest economy?

Mr Buhari has promised a great future for his country but after the initial relief has subsided we ask what the business community thinks the new man in charge will do for it.

Also on the programme, EU milk quotas have been scrapped after more than three decades of efforts to prevent overproduction.

The system, set up in 1984, is ending so EU dairy businesses can compete with international rivals in supplying fast-growing markets in Asia and Africa.

The Irish Republic, the Netherlands and Germany are all expected to increase production sharply.

In Britain farmers say it could lead to further falls in the price they receive for their milk. But the European Commission believes the changes will not bring back butter mountains and milk lakes and says China and other international markets are hungry for European farmers' produce.

Plus,the Indian government takes steps to force the country's biggest companies to appoint at least one female director and France debates moves to stop designers and labels using models who are "too thin".

Picture: Muhammadu Buhari
Picture credit: AP

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