Nigeria

Nigeria's phenomenal mobile growth has been well documented in recent years. From just 2.6% in 2003, mobile penetration jumped to almost 22% by the end of 2006, and BMI forecasts... 2007-08-31

BMI View: The Central Bank of Nigeria 's (CBN) foreign exchange and monetary policy reforms will almost certainly result in greater naira appreciation going forward and greater... 2007-08-15

The opposition's challenging of the results of the April elections in the courts has hitherto not yielded any result. As we go to print the Court of Appeal has just delayed by two... 2007-08-01

BMI View: We welcome what appears to be a gradual movement toward formal dialogue, with a fairly broad representation of rebel groups, but equally highlight a number of hurdles on... 2007-08-01

BMI View: President Yar'Adua's newly appointed cabinet looks sound and should imply an extension of the reform process initiated by the previous administration.

BMI View: The end of the general strike is good news, but the fact that the government was forced into making a partial policy u-turn is a stark illustration of the difficulties it... 2007-07-03

We have revised up our global assumptions for oil prices, and now expect Nigeria's Bonny Light crude to reach an average of US$63.30/bbl this year, compared with US$61.70/bbl. However,... 2007-06-29

The decision of newly elected President Umaru Yar'Adua to publicly disclose his personal wealth (US$5mn) is very positive in terms of the country's progress towards the goal of transparency,... 2007-06-29

The drawn out impasse in the Niger Delta, which has brought Nigeria's oil production down by one quarter and sent ripples across global oil markets, has been subject to some mixed... 2007-06-15

In early June Nigerian labour unions threatened to call a strike on the back of ex-President Olusegun Obasanjo's last-minute - before stepping down - 15% hike in fuel prices. Furthermore... 2007-06-05