With the latest economic metrics pointing to signs of stability, the outlook for the Nigerian economy remains encouraging.
Growth in the largest economy in Africa slowed to 2.01% during the first quarter of 2019
Markets remain uncertain at this point in time as to whether the weeks long US-China trade dispute actually spells trade doom.
The move could be a welcome development for local shares and the Naira.
Rising trade tensions between the world’s two largest economies have put emerging market assets under pressure.
Market players will be looking to see whether improving domestic conditions have translated to a drop in the unemployment rate.
Should economic data from the UK continue to improve and more clarity is offered on Brexit, the BoE will have a valid argument for taking action.
Ethnicity and religion have been the driving force of Sudan’s politics, until now
There is now a heroic sentiment attached to it; A ‘robin hood’ factor that romanticizes the scam.
Such a development will add to the positive sentiment that has already been lifted by rising Oil prices.