Nigeria

BMI View: The ongoing unrest in Libya has two key implications for Sub-Saharan Africa: short-term risk aversion and rising risks to growth potential if oil prices spike higher.

We expect inflation to remain elevated throughout 2011, reinforcing the case for further rate hikes by the Central Bank of Nigeria. We see the benchmark policy rate rising by 100bps... 2011-02-21

Although we continue to see develop world equity markets outperforming emerging markets in 2011, we do not think that Sub-Saharan African equities are necessarily at risk of a correction.... 2011-02-16

There has been some notable volatility in Sub-Saharan African (SSA) financial markets since our last monthly market strategy update (see 'SSA Market Strategy For 2011: Equities Over... 2011-02-04

BMI View: The Sub-Saharan Africa region is poised for strong growth in 2011, with our regional forecast standing at 5.2%. We foresee the following key trends: robust economic performance... 2011-01-27

Concerns over falling reserves and a rising budget deficit did not detract from investor appetite as Nigeria's maiden eurobond rallied strongly in its first day of trading. Although... 2011-01-24

We present here our asset class strategy for Sub-Saharan Africa in 2011. Broadly speaking, we favour equities over fixed income. As always, though, the picture varies from country to... 2011-01-07

Over the course of 2010, our three best market calls for Sub-Saharan Africa (SSA) were: bullish Kenyan equities, bullish South African rand, and bearish Nigerian local debt. Calls that... 2010-12-21

We present here 11 themes that we believe will dominate Sub-Saharan African markets in 2011. Of the 11, the most salient are: the return of political risk; high commodity prices; and... 2010-12-17

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... 2010-12-08