Nigeria
Economy
The long-delayed summit between the government, the Niger Delta militias and other regional leaders, originally due to take place in June 2007, has been indefinitely suspended following...
2008-07-22Economy
On the back of our upwardly revised oil price forecasts - we now see the OPEC basket average 2008 price of oil at US$121.50/bbl, up from US$96.50/bbl - we see Nigeria's current account...
2008-07-22Economy
We believe the Lagos All-Share Index could have further to fall in the short-to-medium term, though we remain bullish the index in the long run. While an overvalued banking sector,...
2008-07-14Political Risk
At a time when fresh attacks from militias in the Niger Delta have reasserted the rebels' ability to severely impact oil production, the government's policy for bringing peace to...
2008-06-30Economy
Following the kidnapping of five Cameroonian soldiers and a local government official, hundreds of Nigerians left the Bakassi peninsula on June 13 and gathered in the town of Ikang,...
2008-06-30Economy
The May headline inflation figure of 9.7% y-o-y in Nigeria is in line with our view that inflation could decline in the first half of 2008 before rising in H208 towards our revised...
2008-06-27Economy
The Central Bank of Nigeria recorded real GDP growth of 6.5% y-o-y in Q108, and we see economic expansion picking up over the course of 2008 as the budget - which was delayed for...
2008-06-27Economy
BMI View: We are forecasting real GDP growth of 8.8% in 2008, 8.7% in 2009 and 9.0% in 2010 for Nigeria. Growth through 2008 should continue to be driven by investments in gross...
2008-05-30


