Fast Market Research

Nigeria Business Forecast Report Q4 2013 - New Report Available

New Country Reports research report from Business Monitor International is now available from Fast Market Research


Boston, MA -- (SBWIRE) -- 08/21/2013 -- The performance of the export sector, and the wider economy, will depend on the success of the government's efforts to address security risks on a number of fronts. Our core scenario is that, while headwinds will persist, growth will pick up slightly in 2013 compared to 2012.

Economic and social disparities between the northern and southern states have yet to show signs of closing, although there has been a recent increase in cooperation between northern communities and federal security forces to fight extremism.

Major Forecast Changes

We have made a slight downward adjustment to our current account forecast based on revisions to the Central Bank of Nigeria's historical data and the most recent figures released for Q113. We are projecting a surplus of 7.6% of GDP in 2013, compared to our earlier estimate of 8.4%.

View Full Report Details and Table of Contents

Key Risks To Outlook

The volatility of the price of oil poses a significant risk to export revenues and government receipts. A significant deterioration in the economies of Europe, the US or other major markets could see the price again head below our current projections, with negative implications for Nigeria's economy.

About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at or call us at 1.800.844.8156.

Browse all Country Reports research reports at Fast Market Research

You may also be interested in these related reports:

- Hong Kong Business Forecast Report Q4 2013
- Chile Business Forecast Report Q4 2013
- Philippines Business Forecast Report Q4 2013
- Kuwait Business Forecast Report Q4 2013
- Botswana Business Forecast Report Q4 2013
- Switzerland Business Forecast Report Q4 2013
- South Africa Business Forecast Report Q4 2013
- Serbia, Montenegro and Kosovo Business Forecast Report Q4 2013
- Bulgaria Business Forecast Report Q4 2013
- Estonia Business Forecast Report Q4 2013