Nigeria

BMI View: BMI has pushed up the forecast price of brent crude to US$91.00/bbl from US$85.00/bbl in its global assumptions, with consequent improvements in Nigeria's current account... 2008-04-03

BMI View: A House of Representatives investigation into wasted power sector investment funds, along with independent investigations from presidential committees, has shed light... 2008-04-03

BMI View: The Central Bank of Nigeria (CBN) has raised the monetary policy rate to 10.0% from 9.5%, the rate which has held since December 4 2007. We are maintaining our forecast... 2008-04-02

The electoral tribunal's dismissal of the challenges to Nigerian President Umaru Yar'Adua's 2007 national election victory on February 26 maintains the status quo, although the case... 2008-03-04

BMI View: We continue to see 2008 as a peak year for Nigeria's current account, forecasting a surplus equal to 22.8% of GDP as oil prices rise again and oil production continues... 2008-03-03

BMI View: While a jump in headline inflation to 8.6% y-o-y in January 2008 from 6.6% y-o-y in December 2007 is worrying, we are more concerned about the major fiscal expansion scheduled... 2008-02-21

BMI View: While the reversal of a major telecoms privatisation deal is a blow to the government's credibility, we feel the incident is not indicative of any policy change, and expect... 2008-02-19

The Lagos All-Share Index had a good year and looks set to see large gains in 2008, potentially up to NGN70,000 judging by its current trend channel, although we emphasise the downside... 2008-01-31

Violence in the Niger Delta intensified, following the government's proposed expansion of security spending. Following the bombing of an oil tanker, peace talks have resumed, although... 2008-01-30

We have tacked up our long-term political risk rating this month to 48.3 from 47.4, following the Supreme Court's decision to void the 'Public Order Act' which required citizens to... 2008-01-07