Nigeria

BMI View: Sub-Saharan Africa faces a difficult period over the coming months, with high inflation and elevated borrowing costs likely to pose challenges to policymakers. Nevertheless,... 2011-05-17

BMI View: Equities remain our favoured asset class, although selectivity between the markets is key. Several new Eurobonds are in the pipeline: we favour the offering from Zambia.

BMI View: An uptick in global risk aversion saw South African and Mauritian equity indices sell off slightly on April 19. However, we reiterate our bullish outlook on our regional... 2011-04-19

BMI View: Recent developments have only served to reinforce our core view favouring equities over fixed income. However, we are becoming more positive towards currencies in light... 2011-04-08

Buoyed by a cocktail of positive factors including high oil prices, improved perceptions of regional political risk and a rise in broad global risk sentiment, African eurobonds have... 2011-04-05

BMI View: The interest rate tightening cycle is well underway in Sub-Saharan Africa, and we anticipate further hikes over the coming months. Local debt yields should rise accordingly.... 2011-04-01

BMI View: The latest update of our Sub-Saharan Africa Sovereign Risk Ratings has seen some notable moves, both to the upside and the downside. We continue to regard Gabon as the most... 2011-03-30

On balance, we think the consequences of the Central Bank of Nigeria's (CBN) decision to hike rates by 100bps will be positive for the economy. The major risk is that growing difference... 2011-03-22

While we are mindful of the risks to the global economic recovery and investor appetite stemming from the ongoing unrest in Libya, we continue to hold a bullish outlook on select SSA... 2011-03-21

Geopolitical events have seen a rise in risk aversion and caused some volatility in global markets since our last asset allocation strategy update - a spike higher in oil prices being... 2011-03-03