Nigeria

According to the most recently available data from the Central Bank of Nigeria, reserves had fallen to US$37.7bn in mid-August from US$42.2bn at the beginning of the year. Although... 2010-08-27

According to the latest GDP report released by the National Bureau of Statistics (NBS), Nigeria's economy expanded by an impressive 7.2% y-o-y in Q110, on a par with the strongest quarters... 2010-07-23

Rival groups of Muslims clashed in the northern city of Sokoto (Kano State) in mid-July, resulting in three deaths and heavy police deployment in the affected areas. Although Sokoto... 2010-07-23

To be sure, Nigeria's external profile is not quite as favourable as Gabon's (the top rated country), but its fundamentals are less closely tied to the fortunes of the oil sector. Moreover,... 2010-06-28

Nigeria will stop granting local content waivers to international oil companies (IOCs) at the end of a three-year grace period following passage of a local content bill, according a... 2010-06-28

The passage of the Asset Management Corporation of Nigeria into law is a crucial step in the resolution of Nigeria's banking sector crisis. However, we would caution against treating... 2010-06-28

Although short-term interest rates are almost certain to remain at historically low levels over the coming months, we see the sell-off in longer dated bonds as part of a secular trend... 2010-06-21