Nigeria

As we head into the final months of the year, we see little to like in Sub-Saharan African (SSA) financial markets. The external environment is increasingly inhospitable with the US... 2011-09-06

BMI View: The continued decline of the Nigerian All Share Index demonstrates the ongoing uncertainty regarding the country's immediate future, in terms of regulations, economic... 2011-08-30

BMI View: In a worst-case scenario for the US and eurozone economies, we would expect Angola, Botswana, Cameroon, Gabon and South Africa to suffer the most. Yet, we believe that... 2011-08-18

BMI View: We are constructive towards select Sub-Saharan African FX - the South African rand, Zambian kwacha and Ghanaian cedi - given the bearish outlook for the US dollar and country-specific... 2011-08-03

BMI View: We believe the rate-hiking cycle in SSA has further to run, with interest rate increases expected to take place in most markets by year-end. Taking into account our inflation... 2011-07-21

BMI View: There is not much to like in Sub-Saharan African financial markets at the moment. Although we see upside for East African FX and select equity markets over the near term,... 2011-07-05

BMI View: We believe the 'oil play' Eurobonds - Gabon, Nigeria, Republic of Congo and Ghana - are at risk of a sell-off, given the bearish outlook for oil prices, although they will... 2011-06-28

BMI remains bullish towards Sub-Saharan African equities over the long term, believing that strong macroeconomic growth, improved liquidity and increased foreign investor interest... 2011-06-15

BMI View: Equities remain our favoured asset class, although selectivity between the markets is key. We favour Nigerian, Ghanaian and Zambian stocks.

BMI View: Several Sub-Saharan African currencies are under pressure, due to US dollar strength as well as various country-specific factors. Nevertheless, we expect the Nigerian naira... 2011-05-19