30 and ready to Will it

I didn’t think I would come this far so soon. 10 years ago, I was just a starry-eyed girl, fresh from university looking for her place in the world. What is now my chain of stores began like child’s play. My first job was as a front desk executive at a consulting firm. Many of […]

Q4 Nigerian Strategy Report: Pathway in turning tide

Crude Oil: Will crude oil ‘roller coaster’ linger? Crude oil market rebalancing in the third quarter of 2017 was ahead of our forecast, as US oil production was partially disrupted by the Hurricane while OPEC stuck to its pact. For context, at the start of the quarter, we had forecasted a slower rebalancing of the […]

ECONOMIC UPDATE: JULY 2017

nigeria

According to this Economic Update, the spread between BDC and I&E window rates narrowed from 4% in April to 0.1% in July 2 save for the official rate. FMDQ ignites further FX liquidity flame: In more recent development, the FMDQ selected Bloomberg as a partner saddled with the responsibility to report transactions in the I&E […]

Half full or half empty?

Let us take a short quiz. Before the exchange rate skyrocketed, you promised your wife a summer vacation. Now the money you have saved can barely cater for flight expense. There is nothing left for accommodation and tourist activities. Is your cup half empty or half full? You have been on a futile house search […]