{"id":25932,"date":"2017-05-05T06:40:29","date_gmt":"2017-05-05T06:40:29","guid":{"rendered":"http:\/\/fdcng.com\/?p=25932"},"modified":"2017-05-05T06:40:29","modified_gmt":"2017-05-05T06:40:29","slug":"lbs-executive-breakfast-session-may-2017-re-nigerians-may-escape-from-anxiety-with-a-stronger-naira","status":"publish","type":"post","link":"https:\/\/fdcng.com\/lbs-executive-breakfast-session-may-2017-re-nigerians-may-escape-from-anxiety-with-a-stronger-naira\/","title":{"rendered":"LBS EXECUTIVE BREAKFAST SESSION \u2013 MAY 2017 (Re: Nigerians may Escape from Anxiety with a Stronger Naira)"},"content":{"rendered":"<p>[vc_row][vc_column]<div class=\"gem-button-container gem-button-position-inline\"><a class=\"gem-button gem-button-size-small gem-button-style-flat gem-button-text-weight-normal\" style=\"border-radius: 3px;background-color: #ddbd89;color: #ffffff;\" onmouseleave=\"this.style.backgroundColor='#ddbd89';this.style.color='#ffffff';\" onmouseenter=\"this.style.backgroundColor='#ddccaa';this.style.color='#000000';\" href=\"http:\/\/fdcng.com\/wp-content\/uploads\/2017\/05\/LBS-May-2017.pdf\" target=\"_blank\">Download PDF<\/a><\/div> [\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]The naira has appreciated by 25% in the parallel market in 10 weeks, but economic activity is lagging the currency gains.<\/p>\n<p>Skeptical Nigerians are wondering whether this naira momentum is sustainable. This is because a strong currency is not necessarily synonymous with a strong economy. The good news is that inflation is sliding and the FBN PMI, a measure of manufacturers\u2019 confidence spiked by 6% to 58.9. More importantly, oil production is reported to be 2mbpd, a 32-month high.<\/p>\n<p>These indicators confirm the notion that the long anticipated economic recovery may have started ahead of analysts\u2019 expectation. This recovery however is vulnerable to exogenous and domestic political shocks.<\/p>\n<p>In this edition of the LBS executive breakfast club, Bismarck Rewane and the FDC Think Tank analyze pressing issues and trends, and identify the implication on market performance and socio\/political developments.[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]The naira has appreciated by 25% in the parallel market in 10 weeks, but economic activity is lagging the currency&#8230;<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"_links":{"self":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/25932"}],"collection":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/comments?post=25932"}],"version-history":[{"count":1,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/25932\/revisions"}],"predecessor-version":[{"id":25933,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/25932\/revisions\/25933"}],"wp:attachment":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/media?parent=25932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/categories?post=25932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/tags?post=25932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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