* Fears over central bank, elections dampen risk appetite * Central bank governor Sanusi to stand down next June * Funds switch to short-term bonds and t-bills * U.S. Fed tapering likely to hit emerging markets After a bumper year for Nigerian stocks, investors are selling riskier assets and moving […]
Tag: Fed Tapering
Fitch: Macro Stability in Sub-Saharan Africa Supports Stable Outlook
(The following statement was released by the rating agency) Fitch Ratings says in its 2014 Outlook report for Sub-Saharan African (SSA) sovereigns that growth will pick up in 2014, helped by recovery in Europe, but financial market turbulence linked to Fed tapering could pose challenges for sovereigns with twin deficits […]
