Culled—Proshare 11/1/2017/Vetiva Research 2016 took Nigeria into unchartered waters, with the country likely to have suffered its first full-year recession in two decades. Whilst rising inflation and foreign exchange market rigidity constrained monetary policy, a delayed passage of the 2016 “Budget of Change” limited the impact of fiscal policy during […]
Updates
Headline Inflation Set to Decline to 18.3%, First Drop in 14 Months
Culled—-Proshare 11/1/2017/FDC Nigeria’s headline inflation is forecast to slide to 18.3% in December, the first decline in 14 months. The direction of the inflation downwards will come as a relief to the monetary policy committee, which has been waiting for the change in trend for almost an eternity. After exhausting […]
S&P Global Ratings Publishes Global Sovereign Rating Trends For 2017
Culled–Proshare January 11, 2017/S&P Global Ratings Key points The average sovereign rating fell by about one notch between year-end 2016 and late 2008 to between ‘BBB’ and ‘BBB-‘. As of year-end 2016, downgrades outnumbered upgrades by almost 3:1. The 30 negative outlooks as of year-end 2016 outnumbered seven positive outlooks, […]
