Nigeria

BMI View: We see Nigeria's current account surplus shrinking as a proportion of national income from 6.9% of GDP in 2008 to just 1.6% of GDP in 2009, as the price of oil falls from... 2008-11-24

After hearing final submissions from the council of losing presidential candidate and former military leader of Nigeria, Muhammedu Buhari, the Supreme Court announced on October 23... 2008-10-24

The Nigerian government revoked the broadcasting license of Channels Television, one of Nigeria's biggest private television stations, on September 17, and arrested three of its... 2008-09-26

Following the appointment of new military chiefs, we see the prospect of further unusually intense fighting in the Niger Delta. Furthermore, despite allegations of growing solidarity... 2008-09-26

The Central Bank of Nigeria recently released its updated Q208 growth figures for Nigeria, with growth revised up slightly from 6.6% y-o-y to 6.7% y-o-y. This follows 5.5% growth... 2008-09-25

Headline inflation in July surged to 13.9% y-o-y, the highest level since November 2005, from 12.1% in June. Inflation's gains were again driven by rises in food inflation, which... 2008-08-22

Whether or not true, several worrying signs seem to indicate Nigeria's anti-corruption campaign is slowing, with potentially negative consequences for foreign investor sentiment.

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... 2008-07-22

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... 2008-07-22

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,... 2008-07-14