Thursday, 4 September 2014

NIGERIA ECONOMIC HIGHLIGHTS FOR AUGUST

Outlook

  1. Weak corporate earnings will constrain stock prices increase
    • Leading to a correction in overpriced stocks
  2. Increased mopping up activities by the CBN will push up interest rates

NIGERIA ECONOMIC HIGHLIGHTS FOR JULY


Outlooks

  • Growth continues in Q3
  • Growth to be driven by consumer and finance sectors
  • Market growth of about 5%
  • No pleasant surprises expected in Q2 earnings releases