Nigeria
Economy
The National Bureau of Statistics' (NBS) decision to reweight the consumer price index in July does not alter our average inflation forecasts of 11.8% in 2010, and 11.1% in 2011. Although...
2010-08-26Economy
Following a brief period of downward pressure on the exchange rate in May 2010, the naira has again stabilised in the NGN150.00/US$ region, where we expect it to remain over the coming...
2010-07-12Economy
BMI View: As the economic recovery continues apace, our proprietary Sovereign Risk Ratings for Sub-Saharan Africa remain broadly stable. We see Gabon as the most creditworthy sovereign...
2010-06-03Economy
We hold to our core views on Sub-Saharan African equities, which are serving us well: We like markets that remain far below their all-time highs, especially those which have a promising...
2010-06-02Economy
BMI View: Across the Sub-Saharan Africa region, inflation will soon bottom out and begin to rise owing to base effects, weak currencies, and buoyant economic activity. Against this...
2010-05-26Economy
Following the death of President Umaru Yar'Adua on May 5, we highlight our core views on Nigeria. There are no immediate policy implications, since (new president) Goodluck Jonathan...
2010-05-06Economy
We continue to like Nigerian, Ghanaian, Kenyan and Ugandan equities based on encouraging technicals as well as strong economic fundamentals. Meanwhile, caution is warranted on South...
2010-04-14Economy
Although the mood on the ground in Lagos continues to be one of economic uncertainty, we maintain our headline real GDP growth forecast of 7.5% for 2010. This view is based on expectations...
2010-04-13




