Likely hit From Fed Tapering on the Financial Accounts

January 17, 2022/Proshare by FBNQuest Research  Today, we conclude our series on Nigeria’s balance of payments (Good Morning Nigeria, 11 & 12 Jan ’22) by turning our attention to the financial accounts. Our chart below shows that the financial account swung to a net surplus of USD2.6bn or 2.3% of GDP in Q3 […]

Nigeria: 2022 Macroeconomic Outlook – Consolidating Recovery

January 14, 2022/CardinalStone Research Executive Summary Nigeria appears on course to surpass its pre-COVID 5-year peak growth of 2.21%. Precisely, we project growth rates of 2.65% and 2.70% for 2021 and 2022, respectively. However, these projected economic outturns still lag the long-run trend growth of 4.0% on the impact of […]