Report Published: "Nigeria Shipping Report Q3 2014"
We are forecasting that the Nigerian economy will expand by 7.0% in 2014, up from an estimated 6.7% in 2013 thanks to continued strong expansion in non-oil sectors. This positive environment is set to feed into the country's shipping industry, which is set to enjoy a healthy 12 months. The positive impact of agriculture mean that this important sector should contribute strongly to private consumption growth. The risks to our view are to the downside and stem from the political...
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