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Good Morning Nigeria: A Nigeria-friendly macro league table

​A Nigeria-friendly macro league table

Monetary policymakers as well as market analysts routinely cite tightening by the US Federal Reserve among risks to macroeconomic stability. The latest quarterly economic report (Q4 2015) by the Institute of Chartered Accountants in England and Wales places the risks of 52 African economies in a league table. Nigeria emerges as no 35 in Economic Insight: Africa, commissioned by the institute, whereas Ghana stands at the top of the pile at no 1 with the most risks. The table is based on three variables: the current account/GDP ratio, the growth of private sector credit and the foreign debt/reserves ratio.

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FBNQuest
FBNQuest

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