Nigeria Views

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Small Fiscal Deficit Belies Profligacy

Increased spending, much of which relates to upcoming elections, is as much to blame for Nigeria's recent fiscal deterioration as lower-than-planned oil production. The deficit will remain small at...

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Regional Eurobond Yields To Rise

Although Sub-Saharan African yields have broadly been on the decline during the first half of 2014, we remain of the view that the asset class offers little value. We expect yields across the board...

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Imports To Rise On Boko Haram Presence

The presence of Boko Haram in northern Nigeria- the country's major cereal crops region- will continue to disrupt output in 2014/15. This will lead to greater imports of staple grains, as stocks...

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