Basking in the Afterglow of Reform - LBS EBS – October 2017


Friday, October 6, 2017 8:58AM/ FDC

The return of President Buhari to Abuja after an extended time-out and his affirmative national day broadcast suggests a consolidation of power ahead of the 2018 electioneering campaign. 

The macro-economic implications of this, for policy, investment and markets is that of continuity and a slow recovery from a debilitating recession. It is envisaged that widespread labour unrest and wage agitations will impede public sector activity with a spill over effect into the private sector. 

The naira is expected to slide marginally after relative stability as the CBN reluctantly shifts into an accommodative stance and interest rate decline. 

All of these and the broad preview for 2018 are discussed in this month's edition of the LBS Executive Breakfast Session by Bismarck Rewane and the FDC Think Tank. It is a 2-part special with Part A dealing with the short-term and Part B featuring the 2018 outlook.

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