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

NIGERIA ECONOMIC HIGHLIGHTS FOR JUNE

JUNE HIGHLIGHTS

• Oil prices reach a 16month high of $117pb in June

• Rule of thumb is that a $10 increase in oil price leads to a. 0.2% decline in global growth

• Global GDP is expected to grow at 2.85% in 2014 and is currently at $75trn

• Estimated revenue for the month should exceed $6bn

THREE (3) RULES TO BECOME AN IFRS Pro

IFRS is really a very hard and demanding course as it is NOT easy to find enough time to learn it; especially if you run a business, raise a family or study for a lot of exams.