Nigeria

BMI View: Having assumed his post at the helm of the nation, President Umaru Yar'Adua now has some undeniably testing few months ahead of him, balancing the ongoing Niger Delta drama... 2007-05-31

Although oil prices are rallying in the proximity of last year's heights, partially offsetting the output-related revenue shortfalls, the effects will still be tangible. Oil accounted... 2007-05-25

Judging by the latest inflation data, the Nigerian economy remains on a path of stabilisation. Fears of a marked loosening of the fiscal purse strings in the run up to the recent... 2007-05-22

Although the April general elections fell far short of best practises, as reflected in a barrage of strongly worded criticism by both domestic and foreign observers, we deem it unlikely... 2007-05-10

BMI View: In line with our view, the controversial April general elections have not damaged local and foreign investor sentiments, as is vividly reflected in the continued bull-run... 2007-05-09

As BMI 's Country Risk team predicted, ruling People's Democratic Party (PDP) candidate Umaru Yar'Adua won the Nigerian presidential election.

Given the proximity of the general elections, there are discernible downside risks to our short term political ratings. But while there are non-negligible fears that the polls will... 2007-03-06

If all goes to plan, 2007 should be a year of positive progress for Nigeria: a relatively democratic election in April, continued privatisation, fiscal prudence and reforms to the... 2007-02-12

We currently forecast that real GDP growth in 2007 will register 8.6%. This is an acceleration from the 5.6% preliminary figure seen in 2006.

BMI View: A further 10% decline in oil output and an average oil price of US$35/bbl would create a 2007 federal government deficit of over 6% of