Nigeria

BMI View: The Nigerian naira continues to trade at historically weak levels on the interbank market, while the official exchange rate is on the weak side of the Central Bank's targeted... 2012-01-20

BMI View: Despite a deterioration in Nigeria's security situation, and widespread industrial action in response to the removal of fuel subsidies on January 1, the Nigerian All Share... 2012-01-10

BMI View: We expect Nigeria to continue to experience strong economic growth, bolstered increasingly by investment and the consumer sector. While significant hurdles will need to... 2012-01-09

BMI View: The removal of gasoline subsidies is expected to improve the efficiency of Nigeria's economy, as well as boost refining capacity in the country through increased downstream... 2012-01-04

As we move into 2012, our asset class strategy for Sub-Saharan Africa remains broadly unchanged from December 2011. We see East African local debt as offering the most compelling investment... 2012-01-04

As we head towards the end of 2011, we retain our tactical preference for East African FX and select local debt markets in Sub-Saharan Africa. Meanwhile, we see little to like in the... 2011-12-08

The outlook for inflation across Sub-Saharan Africa is mixed. Broadly speaking, we see price pressures building in key markets in West Africa; for Southern Africa we expect inflation... 2011-12-05

The Nigerian naira has continued to experience significant volatility on the interbank market since the 275bps hike in early October; however, on balance the currency is slowly strengthening.... 2011-11-16

BMI View: We highlight Kenyan stocks and the Kenyan shilling as markets which look promising. Caution is warranted on Zambian stocks and the Ghanaian cedi. We continue to view local... 2011-11-01

BMI travelled to Nigeria and Ghana in late October 2011 in order to gauge local sentiment and gain on the ground insight into the two economies as well as the wider West African sub-region.... 2011-10-25