FDC ECONOMIC MONTHLY PUBLICATION – JULY 2017

The NSE has defied the laws of gravity and skyrocketed past the N13trn market capitalization mark in a matter of 8 weeks. At a time of sluggish recovery, some analysts are amazed, while others are perplexed as to the nature of this rally.

In spite of the slow recovery, macroeconomic and financial stability risks are becoming more evident. In addition to the economic uncertainty, are the growing and emerging political flash points associated with the 2019 electoral cycle.

The clamour for restructuring, devolution and rearrangement of the political setting is making the confluence of economic and social tension more fascinating than ever.

The attached publication addresses these and other issues in the domestic and global markets.

Enjoy your read!